4955 County Road 188 This 12-acre ag-exempt property truly stands out from the rest. Thoughtfully set up and ready to go, it features a brand-new water well, an electric meter at the corner of the property, and solid perimeter cross-fencing that makes managing livestock simple and efficient. Located in Three Way ISD School District, you'll enjoy being close to schools while just a short 15 minute drive to shopping and dining in Stephenville. Light restrictions are in place to help protect the value and integrity of the property, while still giving you the freedom to enjoy and use the land your way. A well-maintained stock tank provides reliable water throughout the year, adding both function and charm to the property. And to make maintaining the ag exemption even easier, three sweet donkeys will convey with the sale! Whether you’re looking for a weekend escape, or a place to build your dream home, this property checks all the boxes.