Paragon Realtors Real Estate

24860 N Us Highway 281Stephenville, TX 76401Price: $3,300,000

  • Price: $3,300,000
  • Est. Mortgage of $/month
  • 527 Days on Market
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$
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,300,000List Price
  • 4Bedrooms
  • 4Bathrooms
  • 71Acreage
  • 3,500Square Feet

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Listed by Sam Byrd of Keller Williams Brazos West (254-592-6877,254-592-6877)
The Hedeman Ranch! If you are from this area you know this is one of the most well kept and beautiful places! Located just North of Morgan Mill on Hwy 281, with fantastic access to the DFW metroplex. This is truly a turn key horse property! The ranch features two homes, the main home has 4 bedrooms, 4 baths and the guest house has 2 bedrooms and 1.5 baths. There is an older mobile home on the property! Step out back and there is a fantastic outdoor pipe arena, equipped with lights and a built in watering system. The main horse barn features 5 stalls with runs, wash bay, tack room, and storage area. The water is provided by a good water well and there are two 5000 gallon water holding tanks. The ranch also has a 3600 sq ft hay and equipment barn, 1000 sq ft shop. It is fenced and cross fenced, with multiple turn outs which have loafing sheds! This ranch provides the opportunity to handle a lot of horses and livestock! This is truly a special place and has been owned since it was built by 4 time World Champion Cowboy Tuff Hedeman! Come take a look at this amazing Ranch and see if its just what you have been looking for!!

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Based on information submitted to North Texas Real Estate Information Services as of May 14, 2026 6:30 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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