TURNKEY HORSE RANCH JUST WEST OF STEPHENVILLE! This exceptional 50-acre turnkey horse ranch just west of Stephenville has been completely remodeled and thoughtfully improved, offering an ideal blend of equestrian functionality, comfortable living, and peaceful country privacy. The property features three residences, making it perfect for owners, ranch hands, guests, or multigenerational living. The 1, 800-square-foot main home offers 2 bedrooms and 2 baths with rustic ranch character and modern updates, including Café appliances, an open kitchen, soaring ceilings, and a fireplace. A separate 1, 350-square-foot apartment adds flexible living space with its own kitchen and full laundry. Equestrian amenities include a barn with 9 stalls, Classic Equine waters, office, large tack room, and 3-stall wash rack with tie-ups. Seven turnouts are located off the barn, including 2 covered turnouts, plus 3 additional turnouts near the covered arena. The barn features a 650-square-foot apartment with a full bath, an upstairs loft, and a kitchenette. The property also features full cow-working facilities. Ride and work year-round with both indoor and outdoor arenas. The covered arena measures 120′ x 150′ overall with an 80′ x 150′ riding area, while the fully fenced outdoor arena measures 350′ x 150′. Horse and cattle pens feature strategically designed traps funneling directly toward the barn for efficient handling and sorting. Multiple trailer hookups, including two 30-amp RV hookups, provide added convenience for training, events, and guests. Approximately 20 acres remain wooded, offering privacy, natural beauty, and excellent trail-riding potential. A rare opportunity to own a move-in-ready horse ranch with extensive equestrian improvements and peaceful country living just west of Stephenville.