Erath County Homes under $500,000

Welcome to Erath County, Texas, where charming small-town vibes meet the beauty of the Texas Hill Country! Nestled in the heart of Central Texas, Erath County boasts a rich history, vibrant community, and stunning landscapes that make it an ideal place to call home. With its picturesque rolling hills, lush pastures, and friendly atmosphere, Erath County offers a unique blend of rural tranquility and modern conveniences.

For those seeking affordable housing options, Erath County is a hidden gem, with a variety of homes available for under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a diverse selection of properties that cater to every need and budget. From charming single-family homes with spacious yards to cozy cottages that exude character, the real estate market here is ripe with opportunity.

Residents enjoy a laid-back lifestyle, with access to outdoor activities like hiking, fishing, and horseback riding, all while being just a short drive from the vibrant cities of Stephenville and Dublin. With excellent schools, local shops, and community events, Erath County is perfect for those looking to establish roots in a welcoming environment.

Explore the possibilities of homeownership in Erath County, where your dream home awaits at an affordable price. Experience the warmth of Texas hospitality and the beauty of the countryside—come see why so many are choosing to make Erath County their home sweet home!

Newest Erath County Homes under $500,000

$384,900

3 Beds ⋅ 2 Baths ⋅ 21408160 MLS

Welcome to this stunning 3 bed, 2 bath home with beautiful curb appeal, tucked into a popular neighborhood. Classic brick and stone accents, an arched front window, and a manicured stone-bordered landscape make a great first impression. Inside, the 1,733 sq ft open floor plan is made for living and entertaining. Soaring vaulted ceilings with a rustic wood beam crown the living room, anchored by a stone corner fireplace. The kitchen flows right into the living space with a granite island, stainless steel appliances, a designer hood, tray ceiling, recessed lighting, and plenty of white cabinetry. Wood-look flooring runs throughout for a fresh, modern feel. Out back, you'll find your own private retreat: a swimming pool (pool was in working condition when the owner had it drained since they were not living at the house) an outdoor kitchen and bar with a pergola-covered cabana area, and a detached pool room with its own bathroom and extra garage space provides ample storage, alongside the attached 2-car garage.

1466 Oakwood Dr, Stephenville

$275,000

3 Beds ⋅ 2 Baths ⋅ 21407239 MLS

Welcome to this beautifully remodeled 3 bedroom, 2 bath home with a bonus room in Stephenville. Conveniently located near Tarleton State University! From the updated exterior to the stunning, modern kitchen, this home blends fresh style with everyday functionality. Step inside to discover an updated open floorplan featuring a GORGEOUS kitchen with crisp cabinetry, sleek countertops, new stainless steel appliances, and a spacious island perfect for meal prep, dining, or entertaining. The flexible bonus room offers endless possibilities for a home office, study space, hobby room, or play area. With a fresh and modern feel throughout, this move-in ready home is a wonderful opportunity for anyone looking to enjoy comfortable living in the heart of Stephenville. New roof! Foundation repair has been completed and comes with a lifetime transferrable warranty. Located near Tarleton State University, local shopping, dining, and other area amenities, this beautifully updated property is one you won't want to miss!

1022 W Green St, Stephenville

$485,000

3 Beds ⋅ 2 Baths ⋅ 21407838 MLS

Fantastic small acreage property!! If you are looking for a beautifully remodeled home on small acreage, here is the one you have been waiting for! This home features 3 bedrooms, 2 full baths and a 2 car garage! The home sits on just under 2 acres of the most well manicured Erath county dirt you could hope for! This home has completely been updated throughout, new flooring, texture and paint throughout, recessed lighting, new cabinets and granite counter tops! The roof was replaced in July of 2024 and the central air and heat system in October of 2024! Once you step into this home you will immediately see the quality of the work performed! If you are looking for a move in ready home with enough acreage to park trailers, have some chickens, horses or show animals, this is it! This one is located on a paved county road, less than a mile from the Tarleton Rodeo facility! Located in the very desirable Lingleville ISD! Come take a look and see if this is the one for you!!

1802 County Road 428, Stephenville

$360,000

5 Beds ⋅ 2 Baths ⋅ 21404371 MLS

This beautiful 1929 rock home offers the character and craftsmanship of an older home with the space and versatility buyers are looking for today. Featuring 5 true bedrooms, each offering normal-sized living space and a real closet, plus 2 bathrooms, this home provides plenty of room for a family, students, or an income-producing rental. Situated on an impressive 0.62-acre corner lot in town, the property offers a rare amount of space and endless possibilities. The expansive lot provides room to enjoy the outdoors while also offering potential for additional buildings or future income-producing opportunities, subject to city approval and applicable restrictions. The home features beautiful original-style wood floors throughout, adding warmth and character, with some refinishing or restoration needed to bring them back to their full potential. A standout feature is the large, vaulted front porch, creating a beautiful and inviting entrance and the perfect place to enjoy the charm of this historic property. Additional exterior amenities include a large rear carport as well as a second carport on the opposite side of the home with a small metal garage, providing plenty of covered parking and storage. The home is all-electric and equipped with central heat and air. Located in Stephenville, a growing and thriving college town, this property has previously been income-producing and offers an excellent opportunity for an investor, owner-occupant, or family looking for a spacious home with room to grow. A property like this—with 5 true bedrooms, a large in-town lot, historic character, and future potential—is a rare find.

2363 W Denman, Stephenville

$400,000

3 Beds ⋅ 3 Baths ⋅ 21405108 MLS

760 College Farm, Stephenville

$460,000

3 Beds ⋅ 2 Baths ⋅ 21405030 MLS

Enjoy peaceful country living with this inviting 3-bedroom, 2-bath home situated on approximately 6 acres just outside Hico. The 2,210-square-foot home offers a comfortable and functional layout with a cozy gas-log fireplace and an enclosed garage that provides flexible additional space for a game room, home office, gym, hobby area, or extra storage. Outside, enjoy the large back deck overlooking the surrounding countryside, mature trees, and plenty of room to enjoy the outdoors. The property also includes a storage building, pond, and well, making this a great option for anyone looking for manageable acreage with the conveniences of country living. For buyers looking for additional land and ranch improvements, more acreage is available. The property is also offered as a larger 73.5-acre ranch under MLS #21326081, which includes additional improvements such as a horse barn, riding arena, working pens, RV hookup, and more.

947 County Road 239a, Hico

$320,000

3 Beds ⋅ 3 Baths ⋅ 21404955 MLS

Located on a desirable corner lot in a prime Stephenville location, this fully gated 4 bedroom, 3 bathroom home is an ideal choice for students, faculty, or anyone looking to be close to Tarleton State University. With its secure entrance and spacious layout, this property offers a comfortable and convenient living experience. Perfect for those seeking a blend of college town charm and neighborhood stability.

1310 N Estes St, Stephenville

$475,000

5 Beds ⋅ 3 Baths ⋅ 21403644 MLS

HOME SWEET HOME!! Here is a 5 bedroom (with 2 primary suites) 3 bath 3 car garage home located in one of Stephenville’s established neighborhoods, and it is on a cul-de-sac street on the northwestern side of town. This home has a warm feeling of a great family home with the den, kitchen, and formal dining having the open concept. Soaring ceilings, beautiful fireplace, granite counter in kitchen, split bedrooms, and more. This home is on an oversized lot with a wooden privacy fence, covered back porch, storage building and even a 3 car garage for extra vehicles or great storage. This home was a custom build and it shows. Vacant and ready to go!! Priced to sell!

1405 Parkwood Ct, Stephenville

$94,250

2 Beds ⋅ 1 Baths ⋅ 21402107 MLS

Charming 2-bedroom, 1-bath home situated on a great-sized lot in Dublin, Texas. This property offers a wonderful opportunity for a first-time homebuyer looking for an affordable place to call home or an investor seeking a rental property. This home has plenty of potential and is ready for its next owner.

410 Vine St, Dublin

$305,000

3 Beds ⋅ 3 Baths ⋅ 21401216 MLS

Introducing Tarleton Crossings Discover Tarleton Crossings beautiful luxury townhomes located a short distance to Tarleton State University, restaurants and entertainment. Tarleton Crossings offer a maintenance free lifestyle with fully sodded yards shrubbery and sprinkler system all maintained by the HOA. These beautiful townhomes are boasting with 9 ft. ceilings on the first and second floor, beautiful shaker style soft close cabinets with stone counter tops on the first floor with undermounted sink, stainless steel appliances and built in microwave. Note photos reflect layout of kitchen with white cabinets however the cabinets in this unit are expresso not white. Decorative light fixtures and canned lighting according to residence plan. Step outside to your own peaceful sitting area on a 10 x 10 concrete patio with decorative fencing 15 feet from the back of the residence. Tarleton Crossings are great for families, students, long and short term rentals.

537 Galt Dr, Stephenville

$225,000

2 Beds ⋅ 2 Baths ⋅ 21398747 MLS

Fresh updates inside, room to unwind outside, and a convenient Stephenville location! Situated on a corner lot in an established neighborhood, this move-in-ready 2-bedroom, 2-bath brick home offers an inviting layout with laminate flooring, neutral colors, and abundant natural light. The spacious living area features a high ceiling and plenty of room to gather, while the adjoining dining area creates a comfortable setting for everyday meals or hosting friends. The kitchen offers ample cabinet and counter space, with a dedicated laundry area nearby. Two full bathrooms, updated fixtures, and an attached garage add to the home’s appeal. The fenced backyard offers space for pets, gardening, or relaxing outdoors. A covered front entry and attractive brick exterior offer a welcoming first impression. As one side of a duplex, the property has its own driveway, garage, and fenced backyard. Convenient to Tarleton State University, shopping, and dining, it offers an appealing opportunity for first-time buyers, those looking to downsize, or investors seeking a rental property. Settle in and start enjoying it from day one!

300 Wedgewood Dr, Stephenville

$395,000

3 Beds ⋅ 2 Baths ⋅ 21398288 MLS

Charming brick home built in 2009 featuring 3 bedrooms, 2 bathrooms, and a desirable split-bedroom floor plan. The inviting living area offers a cozy wood-burning fireplace and an open layout that flows seamlessly into the kitchen. The kitchen features built-in appliances, a center island, ample cabinet space, and plenty of natural light from the abundance of windows. Primary Bedroom features a built in safe and large bathroom with double closets, garden bathtub, walk in shower, and dual sinks. Each bedroom offers a nicely sized closet, providing plenty of storage throughout the home. Additional features include a 2-car garage, wooden privacy-fenced backyard, brick mailbox, and a covered back porch—perfect for relaxing or entertaining outdoors. This well-designed home offers comfort, functionality, and a welcoming layout. Schedule your showing today!

320 Midnight Shadow, Stephenville

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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