TX
Erath
Stephenville
76401
397 County Road 538
397 County Road 538, Stephenville, TX 76401
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Listing Type
Single Family
Listing Status
active
37
$489,000

Home Details for 397 County Road 538

Price
$489,000
Type
Residential
Bedrooms
4
Bathrooms
2.0
Square feet
2583
Year built
1982
Lot size acres
2.62
County
Erath
Total rooms
7
Garage
Days on site
234
MLS Listing#
20893644
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!

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Property Features
  • Parking
    • Attached Carport
    • Concrete
    • Driveway
    • Parking Pad
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • House Interior
    • Walk-In Closet(s)
    • High Speed Internet
  • Water Features
    • Well
School Information
School Information for 397 County Road 538, Stephenville, TX 76401
Elementary School
Linglevill
Middle School
Linglevill
High School
Linglevill
Listing Courtesy: MOORE HOME AND RANCH, LLC - 254-459-0889
Presented by: Derece Jones
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2025-10-30 08:16:04
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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