11874 Fm 157 , Maypearl, TX 76064

$4,200,000
  • 11874 Fm 157 , Maypearl, TX 76064 Main Photo

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Active
LOT SIZE 135.870 acres MLS#21139580
STATUSActive PROPERTY TYPELand - Farm SUBDIVISIONJ A Gaona SCHOOLMaypearl ISD

Property Description

Generational Living with privacy and convenience at your fingertips! Rare opportunity to own 135 acres in the heart of Ellis County—a multi-use ranch with outstanding development, agricultural, and multi-residential potential. Keefer Ranch has been in the same family for generations and offers a blend of open pasture, mature trees, and multiple water features, all just minutes from Maypearl and within 45 minutes of Dallas–Fort Worth. The property includes three separate residences (1,680 sqft built 2012, 3,140 sqft built 1997, and 1,500 sqft built 2015), each with covered porches and private views. Ideal for multi-family living, ranch staff, or rental income. Additional improvements include a 72x40 barn with 6 stalls, tack room, and wash rack, plus an 8,000+ sqft workshop with electricity and water—perfect for equipment, storage, or commercial use. Land features include three ponds (two stocked), cross-fencing for livestock, an on-site water well, and 1,100 ft of road frontage along FM 157. 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, this location offers true rural privacy without sacrificing convenience. Whether you’re seeking a working ranch, long-term investment, or a prime development opportunity, Keefer Ranch delivers unmatched versatility and potential.

11874 Fm 157 | MLS# 21139580

This land located at 11874 Fm 157 , Maypearl, TX 76064 is currently listed for sale with an asking price of $4,200,000. The property has approximately 135.87 Acres. Fm 157 is located within the Maypearl ISD school district. Search Maypearl real estate on calmarshall.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

Community Features: Fishing, Horse Facilities, Perimeter Fencing, RV Parking, Stable(s), Other
Days on Site: 42
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

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Shown By

Agent Name: Cal Marshall
Agent Phone: (254) 447-0984
Agency Title: Kelly, Realtors

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Estimated Payment

$ 10,572.38 per month $9,347.38 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,225.00 Homeowner's Insurance

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