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397 County Road 538, Stephenville, TX 76401

$439,999
  • 397 County Road 538, Stephenville, TX 76401 Main Photo

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Active Price Reduced by $10,001 on March 5th, 2026
BEDS4 BATHS2 full SQUARE FEET2,583 MLS#20893644
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONHenry Fantharp SCHOOLLingleville ISD

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!

397 County Road 538 | MLS# 20893644

This single family home located at 397 County Road 538, Stephenville, TX 76401 is currently listed for sale with an asking price of $439,999. This property was built in 1982 and has 4 bedrooms and 2 full baths with 2583 sq. ft. County Road 538 is located in the Henry Fantharp subdivision within the Lingleville ISD school district. Search Henry Fantharp real estate on calmarshall.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Lot Size: 2.62 Acres
Roof Type: Composition
Year Built: 1982

Amenities

Decorative Lighting
High Speed Internet Available
Walk-In Closet(s)
Covered Patio/Porch
Storage

Feature Descriptions

Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Water Filter, Water Softener
Days on Site: 307
Exterior: Siding
Fencing: Chain Link, Net, Partial
Flooring: Carpet, Laminate, Tile
Green Features: HVAC, Waterheater
Laundry: Electric Dryer Hookup, Utility Room, Washer Hookup
Lot: Acreage, Cleared, Landscaped, Lrg. Backyard Grass
Parcel#: R000018606
Parking: Attached Carport, Concrete, Driveway, Parking Pad
Parking Notes: Attached Carport, Concrete, Driveway, Parking Pad
Patio/Porch: Covered, Front Porch, Rear Porch
Utilities: Co-op Electric, Septic, Well

Room Sizes

Bedroom-Primary: 18.00 x 13.00 Level - 1
Bedroom: 13.00 x 11.00 Level - 1
Bedroom: 13.00 x 9.00 Level - 1
Dining Room: 15.00 x 11.00 Level - 1
Kitchen: 11.00 x 10.00 Level - 1
Living Room: 21.00 x 18.00 Level - 1
Utility Room: 10.00 x 5.00 Level - 1

Local Schools

Elementary School: Linglevill
School District: Lingleville ISD

Listed By / Shown By

Listed By

Agency Name: MOORE HOME AND RANCH, LLC
Agency Contact: 254-459-0889
Agent Name: Derece Jones

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Shown By

Agent Name: Cal Marshall
Agent Phone: (254) 447-0984
Agency Title: Kelly, Realtors

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Estimated Payment

$ 1,107.58 per month $979.25 Principal & Interest $0.00 Property Tax (data not provided by mls) $128.33 Homeowner's Insurance

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