397 County Road 538

Stephenville, TX 76401
  • $489,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 2,583

    SqFt

About the Listing TRIGGM00SV - 0503393

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 Highlights for 397 County Road 538

Status Active
Days on Site 181
Property Type Residential
MLS ® 20893644
Year Built 1982
Total Square Footage 2,583
Lot/Acreage 2.62
County Erath
Neighborhood Henry Fantharp
School District Lingleville ISD
Elementary School Linglevill
Middle School Linglevill
High School Linglevill

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Water Filter, Water Softener
  • Air Cond: Ceiling Fan(s),Central Air,Electric
  • Heating: Central,Electric
  • Fireplaces: 0
  • Floor: Carpet,Laminate,Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Decorative Lighting,High Speed Internet Available,Walk-In Closet(s),Master on Main
  • Water:

Exterior Details

  • Lot Description: Acreage,Cleared,Landscaped,Lrg. Backyard Grass,1 to < 3 Acres
  • Garage Capacity: N/A
  • Roof: Composition
  • Others: Covered Patio/Porch,Storage
  • Sewer:
  • Parking Features: Attached Carport,Concrete,Driveway,Parking Pad

Financial Details

  • Tax Amount: $3,384
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R000018606
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

397 County Road 538 Stephenville, TX 76401

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way