24183 S US 281, HICO, TX 76457
Homes for sale in Hico.
Homes for sale in 76457.
24183 S US 281
Hico, TX 76457
List Price$3,995,000
Listing #21265000
About This Property
Now offered for Sale in Erath County, the Fraze Ranch once know as Home of Freckles Playboy brings functionality with all the amenity's of a working ranch. Designed on 92 acres with some of the best views and trees you'll find is a rare! Currently a show lamb facility but with little effort it will easily convert over to Equine. Equipped with multiple barns, large turnout pens, easy rotation, and set up for a one man show. The home offers todays modern charm and yesterdays uniqueness thru used material from old structures of the past. A full wrap around porch and stunning rock accents for flowerbeds, columns, and landscaping bring in the finishing touch. Thoughtfully designed pool and play area to host family gatherings and to entertain and flow with the type of property it sits on. Darling full bunkhouse, additional MH, and large packaging office. Features of the barns include a 6 stall buck barn, massive 16 stall show barn with split gates, holding barn, and a separate vet lab area. Both barn are set up with heating units and fans throughout, automatic waters, and spray foam insulation. You will appreciate the details of this ranch which shows how well it is maintained and well kept, the improved pasture, and layout. Several directions to go with this property rather it be equine, sheep, or show cattle. The opportunity is endless!
Property Features
Location Information
County
Erath
Subdivision
no
Interior Features
Rooms
First Floor Living Room, First Floor Primary Bedroom
Number of Fireplaces
1
Interior
Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Open Floorplan, Pantry, Vaulted Ceiling(s), Natural Woodwork, Walk-In Closet(s)
Heating
Central, Electric
Master Bedroom Description
14 x 13
Cooling
Central Air, Ceiling Fan(s)
Full Baths
2
Floors
Luxury Vinyl Plank
1/2 Baths
1
Laundry
Laundry in Utility Room
Living Room Description
18 x 13
Appliances
Double Oven, Dishwasher, Disposal, Gas Range, Water Softener, Water Purifier
Has Fireplace
Yes
Exterior Features
Style
Detached, Farmhouse
Other Structures
Bunkhouse, Corral(s), Mobile Home, Outbuilding, Other, Residence, RV/Boat Storage, Shed(s), Storage, Workshop, Barn(s), Stable(s)
Stories
1
Horse Amenities
Barn, Hay Storage, Loafing Shed, Stock Pen(s), Tack Ro
Construction
Metal Siding, Rock, Stone, Wood Siding
Lot Description
Acreage, Agricultural, Hardwood Trees, Pasture, Pond on Lot, Many Trees
Exterior
Playground, Rain Gutters, RV Hookup
Lot Size in Acres
92.81
Roof
Metal
Lot Size in Sq. Ft.
4,042,803
Utilities
Electricity Available, Overhead Utilities, Septic Available, Underground Utilities, Water Available
Current Use
Agricultural, Cattle, Grazing, Livestock, Multi-Family
Security System
Smoke Detector(s)
Possible Best Use
Agricultural, Cattle, Grazi
Parking Description
Attached Carport, Oversized
Green Energy Features
Appliances
Garage Spaces
4
Road Description
State Road, Gravel
Fencing
Cross Fenced, Fenced, Pipe
Is One Story
Yes
Patio / Deck Description
Wrap Around, Covered
Lot Description
Acreage, Agricultural, Hardwood Trees, Pasture, Pond on Lot, Many Trees
Has a Pool
Yes
Windows Description
Bay Window(s)
Pool Description
Gunite, Pool
School
Elementary School District
Stephenville ISD
High School
Stephenvil
Elementary School
Central
Additional Information
Property Type
FRM
Status
Active
Property SubType 2
Apartment, House
Has a Home Owners Association
No
Property SubType
Farm
Exclusions
All personal belongings, feeders, portable panels, all creep gates, fuel tanks, cattle chute, sheep working tubs, and all equipment
Year Built
1999
Documents Available
Aerial, Survey
Similar Listings
Mortgage Calculator
$18,657
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$14,396
Monthly Tax
$3,329
Monthly Insurance
$932
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Sissy Herring, TEXAS PROUD REAL ESTATE LLC
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NTREIS - North Texas data last updated at May 9, 2026, 6:32 PM CT
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