Listed By:
Briggs Freeman Sotheby's Int'l
Address
15313 Margarita Court, Lipan, TX
Price
$ 3,390,000
Property Attributes
  • MLS#21397884
  • TypeSingle Family
  • Listing Status Active
  • CountyHOOD
  • CityLipan
  • NeighborhoodOld Wd Ranch Ph I Sec D
  • Zip76462
  • StyleModern Farmhouse
  • Year Built2021
  • Taxes$ 11288
  • Price$ 3,390,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms2
  • Sqr Footage6106
  • Lot Size69 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Luxury horse property and working cattle ranch for sale near Lipan, Texas: 69+or- acres in southern Hood County with a 2021 modern farmhouse, a second home, five ponds, and four water wells, about an hour from Fort Worth. Gated and private, yet 25 miles to Granbury and Stephenville, 36 to Weatherford, 65 to Fort Worth, and under 100 to Dallas. The 6,106+or- sq ft main residence offers 5 bedrooms, 5 full and 2 half baths, vaulted ceilings, custom built-ins, a dedicated office, two gas fireplaces, and Control4 smart-home technology. The chef's kitchen is built for entertaining with a large island, butler's pantry, walk-in pantry, and wet bar. Step outside to a heated pool and spa, outdoor kitchen, covered patios, and an outdoor shower, all overlooking rolling pasture and water. A 1,300+or- sq ft second home (3 bed, 1 bath, screened porch) works as a guest house, ranch manager's quarters, or rental income. Ranch-ready from day one: fully cross-fenced productive pastures, barn with attached pens, storage buildings, and cattle infrastructure that conveys with the sale. The open layout leaves room for a covered arena, round pen, expanded barn, or training facility for performance horses, pleasure riding, or cattle. Whole-home Generac generator, electric gated entrance, camera security system, and attached four-car garage. A rare North Texas equestrian estate for buyers seeking a turnkey country retreat, horse or cattle operation, or long-term land investment within reach of the DFW Metroplex.

Elementary School
Lipan Elementary School
Price History
9/28/2026 Listed $3,390,000

General Features

Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric,ENERGY STAR Qualified Equipment
Utilities Aerobic Septic,Septic,Well
Possession Closing/Funding
Roof Composition
Appliances Built-in Refrigerator,Dishwasher,Disposal,Electric Oven,Gas Cooktop,Tankless Water Heater,Water Softener
current use Cattle,Pasture
Number of Garage Spaces 4
School District Lipan ISD
Pool Y/N Yes
Exclusions Window dressings in primary bedroom and downstairs secondary bedroom
Year Built 2021
Architectural Style Modern Farmhouse
Levels Two
AG Exemption Yes
Unexempt Taxes 11288
Will Subdivide Yes
Property Subtype Farm/Ranch
Subdivision Name Old Wd Ranch Ph I Sec D
Possible Use Cattle
Transaction Type For Sale
Occupant Type Owner
County Hood
Property Type Residential
Security Features Fire Alarm,Prewired,Security System
Construction Materials Board & Batten Siding
Year Built Details Preowned
Accessory Unit Y/N Yes
HOA Type None
Number Of Barns 1
Number Of Wells 4
Full Baths 5
Status Active
Directions Hwy 20 to Dennis Rd go south on Dennis Rd for 5.5 miles turn left on 1189 go 16 miles turn right on FM 4 E Lipan Dr,go .2 miles to 1189 S Caddo St. next go 1.4 Star Hollow Rd.,go 1.2 miles turn right
City Lipan
Elementary School Name Lipan
High School Lipan
Elementary School Lipan
Standard Status Active
Listing Terms Cash,Conventional

Interior Features

Interior Features Built-in Features,Built-in Wine Cooler,Cable TV Available,Chandelier,Decorative Lighting,Double Vanity,Eat-in Kitchen,Flat Screen Wiring,Smart Home System,Vaulted Ceiling(s),Walk-In Closet(s),Wet Bar
Flooring Carpet,Concrete,Cork
Fireplace Features Gas,Living Room,Outside,Wood Burning
Fireplaces Total 2
Dining Areas 1
Living Areas 2
Number Of Residences 2
Room Count 12
Half Baths 2
Lock Box Type None
Total Bedrooms 5
Total Baths 7

Exterior Features

Exterior Features Attached Grill,Covered Patio/Porch,Gas Grill,Outdoor Kitchen,Outdoor Shower,Storm Cellar
Lot Features Acreage
Fencing Cross Fenced,Fenced,Metal,Pipe
Soil Type Unknown
Garage Length 49
Garage Width 27
Horse Amenities Barn(s)
Other Structures Barn(s),Guest House,Shed(s)
Parking Features Concrete,Driveway,Electric Gate,Garage,Garage Door Opener,Garage Faces Side,Inside Entrance,Kitchen Level,Storage
Lot Size 50 to =< 100 Acres
Covered Spaces 4
Foundation Slab
Pool Features In Ground,Outdoor Pool
Lot Size Area 69.0000
Lot Size Units Acres
Structural Style Farm/Ranch House
Garage Y/N Yes
Lot Size Square Feet 3005640.0000
Lot Size Acres 69.0000
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 76462

Price
AVG $940K
$3.39M
Taxes
AVG $7,341
$11,288
Year Built
AVG 1999
2021

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