Horse lover's dream minutes from downtown Stephenville! This turnkey equestrian estate offers premium ranch infrastructure and dual-home living on a 22.25-acre tract (to be surveyed), with the exclusive option to purchase the full 76.8 acres. Ideal for multi-generational living or a rental income stream, the property features two complete homes. The primary residence is a custom 1,650 sq ft, 3-bed, 2-bath rock home featuring a cozy wood-burning stove. The second residence is a highly functional 1,720 sq ft, 2-bed, 2-bath metal home perfect for guests or a property manager.The elite training facilities are completely dialed in. Ride day or night in the massive 140x240 lighted arena and 40-ft round pen, supplemented by a 6-horse walker, 3 large traps, and 3 spacious turnaround lots. Livestock and gear are well-housed between a 40x60 seven-stall barn (complete with tack, feed, and storage rooms), a 24x40 equipment shed, and a secondary 40x60 barn with covered trailer parking and a 30-amp RV hookup. Gated private entrance, two dependable water wells, and custom rock dog pens. Rare opportunity to secure an established, top-tier training setup so close to town.