Welcome to this beautiful cattle ranch and hay farm on 461.17 Ag exempt acres located just outside of the city limits in Stephenville, TX! This property is mostly sandy loam with some clays and other soils. The timber consist of mostly mature Pecan, Post Oak, and Live Oak trees with some Cottonwood, Cedar. It has been used for generations of the same family for hay production, farming, hunting, and ranching. There are 4 water wells, one is used for irrigation with 3 phase electric and 12 ponds -some seasonal. There are 2 homes, 40'x80' equipment shop with a 20' lean to on each side, a workshop, barn with pipe working cattle pens, and a 2 stall horse barn with water. There is approximately 130+- acres of tillable land and approximately 100+- acres of coastal for hay production. There approx 9,480' of road frontage with no known restrictions. This property could be PRIME for development or you can just continue to farm it and enjoy the country lifestyle! There are endless opportunities!