Buildocrat US Land Value Book

Land and home values in Erath County, Texas

Erath County (small town, Stephenville, TX) covers 1,083 square miles and 12 census tracts. Residential land is about $3.85 per sq ft at the county median, from $1.61 in its most rural tracts to $4.15 in its most valuable. The typical home is worth about $300,000 and a 2-bedroom rents for about $1,240 a month, as of October 12, 2026.

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County values

Land: residential$3.85per sq ft
Land: residential$167,662per acre
Land: quarter-acre lot$41,91610,890 sq ft
Land: farmland$5,210per acre
Home: typical (median)$300,000value
Home: entry-level$189,000lower quartile
Home: upper-end$395,000upper quartile
Build new$157per sq ft, no land
Rent: 1-bedroom$940per month
Rent: 2-bedroom$1,240per month
Rent: 3-bedroom$1,720per month
Rent: 4-bedroom$2,000per month
Gross yield, 2-bed5.0%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Small town5$3.91$288,000$1,180
Rural5$3.11$348,000$1,400
Farmland2$2.74$397,000$1,160

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Cities and towns

Highest-value places

PlaceTypeLand $/sq ftTypical home
Mustang RanchSubdivision$4.14$297,000
Linda Lane ApartmentsSubdivision$4.13$287,000
The Grove ApartmentsSubdivision$4.13$295,000
The Village WestSubdivision$4.12$286,000
The Sullivan AptsSubdivision$4.12$286,000
Fireside District ApartmentsSubdivision$4.12$284,000
Parkview ApartmentsSubdivision$4.01$263,000
Timber HillsSubdivision$3.99$272,000

Questions people ask

How much is land worth in Erath County, TX?

Residential land in Erath County, TX is about $3.85 per square foot, or $167,662 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $41,916. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Erath County, TX?

The typical (median) home in Erath County, TX is worth about $300,000, with entry-level homes around $189,000 and upper-end homes around $395,000, as of October 2026.

How much is rent in Erath County, TX?

A 2-bedroom rents for about $1,240 a month in Erath County, TX, a 1-bedroom about $940 and a 3-bedroom about $1,720 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Erath County, TX?

Farmland averages about $5,210 an acre in Erath County, TX (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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