1. Texas
  2. Stephenville
  3. 397 County Road 538
$499,950

397 County Road 538, Stephenville, TX 76401

  • 4 beds |
  • 2 baths |
  • 2,583 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1982
  • Property Lot Size Icon2.62acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $194/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Charming Dual-Residence Property on 2.62 Beautifully Landscaped Acres. Discover a unique opportunity with two residences on one stunning property, ideal for multi-generational living or additional rental income. Nestled on a peaceful dead-end road, this well-maintained 2.62-acre estate features a spacious 1,953 sq ft main home with 3 bedrooms and 2 bathrooms, plus a fully equipped 1-bedroom, 1-bath guest house currently generating $700 per month in rental income. The main residence offers a warm and inviting atmosphere with a large living area perfect for entertaining, a generously sized primary suite with ensuite bathroom, and an additional bonus room that can serve as an office, 4th bedroom, or playroom. The kitchen is well-appointed with abundant cabinetry, newer appliances, and a separate dining area ideal for family gatherings. Recent upgrades include new windows, hot water heater, and new appliances including refrigerator (2023) new HVAC system (2024) and microwave (2025). Stylish laminate and tile flooring run throughout the home. The guest house is 630 sq ft and includes a living area, full kitchen (appliances included), and a covered carport with storage space for lawn equipment or a vehicle—making it a highly desirable rental or in-law suite. The property also boasts a reliable 365-ft water well with a new pump and updated electrical systems, a spacious concrete slab perfect for outdoor entertaining or sports, and a dedicated yard space for pets separate from the main backyard. Horses and 4H animals are welcome. Built in 1982 and only owned by two families, this property offers a rare blend of comfort, functionality, and income potential in a serene rural setting. Whether you're looking for a peaceful homestead, room to grow, or an income-generating investment, this property has it all. Schedule your showing today—this one won’t last long!

Listing Status:
Active
Listing Office:
MOORE HOME AND RANCH, LLC : 254-459-0889
Listing Agent:
Derece Jones : (254) 967-2984
MLS ID:
20893644
  • General: Decorative/Designer Lighting FixturesHigh Speed InternetWalk-In Closet(s)
  • Appliances: DishwasherElectric RangeDisposalMicrowaveRefrigeratorWater SoftenerWater Purifier
  • Laundry: Washer HookupElectric Dryer HookupLaundry in Utility Room
  • Flooring: LaminateTile
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: CentralElectric
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: HVACWater Heater

This listing courtesy of Derece Jones, MOORE HOME AND RANCH, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lingleville School

21261 N FM 219, Lingleville, TX, 76461

Grades PK-12

0.66 miles away

L

Lingleville School

21261 N FM 219, Lingleville, TX, 76461

Grades PK-12

0.66 miles away

L

Lingleville School

21261 N FM 219, Lingleville, TX, 76461

Grades PK-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.