11874 Fm 157, Maypearl, TX

House

For Sale

Listed price in listed location currency (USD).

$4,900,000

000

MLS® 21398527

Overview

Key Facts

Type Ranch

Levels Land

Size -

Garage

Taxes $10,491

Days Active 24

Lot Size 135.869995 Acres

Approx. Age 2012

MLS® Number 21398527

Property Address: 11874 Fm 157, Maypearl, TX, 76064-2124

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number21398527

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2012

Basement

DrivewayBoat, Rv Access Parking

Garage Spaces

HeatCentral

A/CCentral Air

Extras

Map

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