11874 Fm 157, Maypearl, TX 76064
- $4,900,000
- List Price
- $4,900,000
- MLS#
- 21398527
- Status
- ACTIVE
- Type
- Land
- Subtype
- Land
- Year Built
- 2012
- Acres
- 135.87
- County
- Ellis
- City
- Maypearl
- Subdivision
- J A Gaona
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.
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Additional Information
- Unexempt Taxes
- $10,491
- Lot Size
- 5,918,497
- Acres
- 135.87
- Lot Description
- Agricultural, Back Yard, Cleared, Lawn, Pasture, Pond(s), Few Trees
- Exterior
- Dock, Lighting, Other, Private Entrance, RV Parking/RV Hookup, Storage
- Parking Garage
- Rv/Boat Parking, Rv/Boat Parking
- School District
- Maypearl Isd
- Elementary School
- Maypearl
- Middle School
- Maypearl
- High School
- Maypearl
- Possession
- CloseOfEscrow
- Proposed Use
- Agricultural, Cattle, Commercial, Dairy, Development, Grazing, Horses, Hunting, Investment, Livestock, Multi-Family, Other, Pasture, Place Of Worship, Ranch, Residential
Mortgage Calculator
Listing courtesy of Corbin Carpenter from NextHome Property Advisors. Contact:
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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