A rare 135-acre opportunity in Ellis County offering generational living, income potential, and prime development upside. Keefer Ranch blends open pasture, mature trees, and multiple water features—all just minutes from Maypearl and within 45 minutes of Dallas–Fort Worth. Recent property improvements have already expanded usability, including active land cleanup and mesquite removal that’s opening up even more pasture and buildable acreage.This multi-use ranch includes three separate residences—1,680 sqft (2012), 3,140 sqft (1997), and 1,500 sqft (2015)—each with covered porches, private views, and flexible use for multi-family living, ranch staff, short-term rentals, or long-term income.Ranch features include a 72×40 barn with 6 stalls, tack room, and wash rack, plus an 8,000+ sqft workshop with electricity and water—ideal for equipment, storage, or commercial operations. The land offers three ponds (two stocked), cross-fencing for livestock, an on-site water well, and 1,100 ft of FM 157 frontage. The rear pond spans over an acre and reaches depths of 25+ feet. Mountain Peak SUD provides water service.With quick access to I-35, I-20, and DFW Airport, Keefer Ranch delivers true rural privacy without sacrificing convenience. Whether you’re seeking a working ranch, a multi-residential retreat, a long-term investment, or a prime development site, this property offers unmatched versatility and future potential—strengthened by ongoing improvements and newly opened acreage.
Listed By
Agency Name: NextHome Property Advisors
Agent Name: Corbin Carpenter
Shown By
Agent Name: Leah Cox, Broker/Owner
Agent Phone: (254) 722-6493
Agency Title: Kelly, Realtors
Estimated Payment
$ 12,334.44 per month $10,905.28 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,429.17 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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11874 Fm 157 | MLS# 21398527
This land located at 11874 Fm 157 , Maypearl, TX 76064 is currently listed for sale with an asking price of $4,900,000. The property has approximately 135.87 Acres. Fm 157 is located within the Maypearl ISD school district. Search Maypearl real estate on leahcox.kellyrealtors.com today.