Western Custom Feeders presents a rare opportunity to acquire a permitted commercial grow yard in the heart of one of Texas' most dynamic livestock regions. Situated on 150.89± acres just south of Stephenville, this established operation offers a 5,500-head permitted capacity and decades of proven commercial use, making it an attractive opportunity for cattle feeders, dairy operators, investors, or agricultural businesses seeking an existing, turnkey facility in excellent condition. The established operation is designed for efficient livestock handling with 47 steel pipe feeding pens, approximately 4,600 linear feet of concrete feed bunks, an additional 800 linear feet of bunk space in six grass traps, concrete feed aprons, freeze-protected concrete water tanks, underground water distribution, processing facilities, scale shed, commodity barns, livestock shade, office, and supporting infrastructure. The improvements have been consistently maintained and upgraded, reflecting pride of ownership throughout the operation. Horse facilities: Adding to the property's versatility is a newly constructed, trainer-quality horse arena complete with covered boxes, return alley, concrete lead-up, Priefert chute, tack room, and the ability to divide the arena to work cutting horses. Located in Erath County, one of the nation's premier dairy and cattle production regions, Western Custom Feeders benefits from exceptional access to livestock markets, feed suppliers, and major transportation corridors. The property's existing permit, established infrastructure, and strategic location provide a significant advantage over developing a comparable facility from the ground up. Price based upon a recent Feed Yard Appraisal. The appraisal and financials are available upon request for qualified buyers.