- – beds
- – baths
- 20,000 sqft
- ~94 acre lot
- $241 per sqft
- 1985 build
- – on site
This beautiful income producing property is available for the first time and ready for a new owner to expand on its potential. The property fronts paved county road 392, with additional frontage on CR 383, just south of Lingleville, west of Stephenville, and North of Dublin in the productive cattle and horse country. Highlights of this multi-dimensional ranch include a 3,200 sqft custom home, 1,800 sqft guest house, 11 rental units with an established seven figure rental income and full occupancy. Rentals consist of five double-wides, four single-wides, and a set of duplexes, 20+ horse stalls and loafing sheds, 19 turnouts, and lighted arena. The ranch is complete with cattle working pens, 60x100' hay barn, equipment barn, and workshop with hydraulic lift. Additionally, there are multiple ponds, a swimming area with slide, rope swing and zip line. Do you fly? This ranch has a private 1,500 ft. airstrip to conveniently fly in and out with ease. There are multiple opportunities to consider with this unique property. As a family ranch, it is one of the nicest around. As an investment, it offers cashflow to offset the cost of the ranch. **The sellers WOULD SELL JUST The Rental houses and 17 acres alone. Contact our team for additional information and details. A full packet is available upon request to Brokers, Agents and qualified buyers.
Last checked:
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Last updated Jun 4, 2025
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MLS# 20955350 —
The Building
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Year Built:1985
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Year Built Details:Preowned
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Accessibility Features:No
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Roof:Metal
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Foundation Details:Slab
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Levels:Multi/Split
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Construction Materials:Stone Veneer, See Remarks
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Building Area Total:20000.00
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Building Area Source:See Remarks
Interior
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Interior Features:Other
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Flooring:See Remarks
Room Dimensions
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Living Area:20000.00
Location
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Directions:From HWY 8 west of Stephenville, turn west on CR 392, and go 2.9 miles. The Property is on the left near the intersection of CR 383. From FM 219 south of Lingleville, turn east on CR 392 and go .75 mile. The property will be on the right (south side).
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Latitude:32.21558389
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Longitude:-98.35294856
The Property
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Property Type:Residential Income
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Property Subtype:Multiple Single Units
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Parcel Number:R000074890
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Lot Features:Acreage, Airstrip, Oak, Pasture, Water/Lake View
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Lot Size SqFt:4072860.0000
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Lot Size Acres:93.5000
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Lot Size Area:93.5000
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Lot Size Units:Acres
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Fencing:Cross Fenced, Perimeter
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# of Buildings:13
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Waterfront:No
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Dock Permitted:No
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Lake Pump:No
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Will Subdivide:Yes
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20955350
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Septic, Well
Appliances
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Appliances:Other
Schools
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School District:Lingleville ISD
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Elementary School:Linglevill
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Elementary School Name:Linglevill
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Middle School Name:Linglevill
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High School Name:Linglevill
The Community
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Subdivision Name:Wilson
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Senior Community:No
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Pool:No
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Association Type:None
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Complex Name:Wilson
Parking
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# of Parking Spaces:30
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Parking Features:Common
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).