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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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27475 N Us-281 , Stephenville, TX 76401
$4,950,000
Est. Payment: $25,484.75/mo
3 Bed
2 Bath
2040 Sqft
Status: active | Days on site: 73
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House Description

Land like this rarely comes to market in Erath County. Twenty-eight years of careful stewardship. Ready to be passed on. ±319.44 contiguous acres on US Highway 281 in Erath County, fourteen miles north of Stephenville and ninety minutes from the Dallas Fort Worth Metroplex. A legacy ranch carved from the historic Jordan Ranch and held by one family for twenty-eight years. 1,570 feet of US Highway 281 frontage with two gated entrances. Elevation rises from 1,090 to 1,260 feet with panoramic views in every direction. Forty-two acres of cleared pasture in Coastal Bermuda and bluestem opens through heavy live oak, post oak, and mesquite timber. A seasonal creek runs through the property. The stretch of 281 in front is locally known as Jordan Hill. The ridge above is Buck Ridge, named for what comes off it. Two water wells, each 12+ GPM. Three stock tanks, including a spring-fed main. Whitetail deer, Rio Grande turkey, dove, coyotes, and bobcats. Very low hunting pressure for five years. Two bow stands, one box blind, three feeders in place. Custom 2,040 sqft home built 2011 by David Taylor Construction. Hill Country ranch style. Stone exterior, standing seam metal roof, slab, 2x6 walls with urethane foam. Three bedrooms, two baths. Mesquite floors on the second level. Custom mesquite and knotty alder doors. Hand-forged iron stair banisters from a Colorado artisan. Dry-stack stone fireplace. Kitchen: quartz counters, custom cabinetry, commercial range, gas appliances, island, walk-in pantry. 1,744 sqft wraparound porch. Systems: well water with filtration, septic, tankless water heater, 500-gallon in-ground propane, United Cooperative electric. Fiber and Starlink available. Outbuildings: 120 sqft wellhouse (2010), 30 by 30 porte cochère (2024) with 225 sqft of unfinished storage above, 1,248 sqft barn slab (2021). Active agricultural exemption. No HOA, no subdivision, no restrictions. Morgan Mill ISD and Stephenville High School.

Highlights

Listed by Dylan Davis , Luxe West Realty , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
319.44

Year Built

2011

County

Erath

Neighborhood

None

School District

Morgan Mill ISD

Listing ID

21291791

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Built-in Refrigerator, Commercial Grade Range, Commercial Grade Vent, Dishwasher, Disposal, Gas Range, Plumbed For Gas in Kitchen
Air Cond:Central Air,Electric
Fireplaces:Living Room,Stone,Wood Burning
Floor:Concrete,Hardwood,Wood
Other:
  • Additional:Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Sound System Wiring

Exterior Features

Lot:Acreage,Many Trees,Pasture,Rolling Slope,Tank/ Pond,Over 100 Acres
Roof:Metal
Others:
  • Additional:Covered Patio/Porch, Preowned
Parking Features:Carport,Detached Carport
Principal Interest
$25,485
Taxes
$3,156

Home Price

$4,950,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$990,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$25,484.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $25,484.75 $3,155.63 $0.00 $28,640.37
Yearly $305,817.00 $37,867.50 $0.00 $343,684.50
Total $9,174,509.89 $1,136,025.00 $0.00 $10,310,534.89

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Stephenville, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems