11874 Fm 157 , Maypearl, TX 76064

$4,900,000
  • 11874 Fm 157 , Maypearl, TX 76064 Main Photo

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New to the Market Active
LOT SIZE 135.870 acres MLS#21398527
STATUSActive PROPERTY TYPELand - Farm SUBDIVISIONJ A Gaona SCHOOLMaypearl ISD

Property Description

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.

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.

Property Features

Property Type: Land - Farm
Cooling: Central Air
Heating: Central
Lot Size: 135.87 Acres
Year Built: 2012

Amenities

Covered Patio/Porch
Dock
Lighting
Private Entrance
RV Hookup
RV/Boat Parking
Stable/Barn
Storage
Other

Feature Descriptions

Days on Site: 1
Fencing: Barbed Wire, Chain Link, Cross Fenced, Fenced, Front Yard, Full, Gate, Metal, Perimeter, Pipe, Other
Horse Amenities: Barn(s), Electric to Barn, Holding Pens, Stable(s), Tack Room, Wash Rack, Water to Barn, Other
Lot: Acreage, Agricultural, Cleared, Few Trees, Lrg. Backyard Grass, Pasture, Tank/ Pond
Parcel#: 255433
Topography: See documents
Utilities: Rural Water District, Septic
Water Features: Dock – Uncovered

Local Schools

Elementary School: Maypearl
School District: Maypearl ISD

Listed By / Shown By

Listed By

Agency Name: NextHome Property Advisors
Agent Name: Corbin Carpenter

agent picture

Shown By

Agent Name: Leah Cox, Broker/Owner
Agent Phone: (254) 722-6493
Agency Title: Kelly, Realtors

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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 Insurance

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