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15350 Margarita Court, Lipan, TX 76462

$1,895,000
  • 15350 Margarita Court, Lipan, TX 76462 Main Photo

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Active Option Contract
BEDS2 BATHS1 full SQUARE FEET900 MLS#21227231
STATUSActive Option Contract PROPERTY TYPEResidential - SUBDIVISIONJ D Lawrence Surv Abs #496 SCHOOLLipan ISD

Property Description

Great Horse Property!! Check this one out!! Located in THE Lipan Isd school district, which is one of the very hottest areas in North Texas! This property consists of over 50 acres of land located at the end of a paved county road! The facilities on this one are second to none! The property has been fenced, cross fenced and new gates throughout! The main barn consists of 14 stalls which are 12 x12 with 12x16 covered runs! There is a feed and tack room, two wash racks , and half bathroom and covered lanes at the end of the stalls! This barn has one of the coolest set ups I have ever seen! The barn opens up to the arena, the boxes are covered and there is a sitting area where you can relax and watch all the action! The arena is 140 x300, and it was designed for team roping, reigning or barrels! The overflow barn features 12 stalls which are 12x 12! There is also an additional set of 6 stalls which are 12 x12 with 12 x34 foot runs! In addition to the horse facilities there is also a brand new 2 bedroom, 1 bath apartment, pics available upon request! The shop is 40 x60 with 4 roll up doors! There is also a 50x50 covered carport for your trucks and trailers! There is a an area which was planned for a homesite, a very strong water well and chicken coop! The owners had planned on building a custom home but plans changed and they have decided to sell! This one is turn key ready for its new owners, and the apartment provides a place for the owners to live while they build the main house! If you are looking for a training facility or a place to handle a large number of horses, then this is it! The ranch is brand new and it is remarkable in all aspects!! Come take a look and see if its the one for you! More pics available upon request!

15350 Margarita Court | MLS# 21227231

This home located at 15350 Margarita Court, Lipan, TX 76462 is currently listed for sale with an asking price of $1,895,000. This property was built in 2025 and has 2 bedrooms and 1 full baths with 900 sq. ft. Margarita Court is located in the J D Lawrence Surv Abs #496 subdivision within the Lipan ISD school district. Search J D Lawrence Surv Abs #496 real estate on maritzaperez.kellyrealtors.com today.

Property Features

Property Type: Residential -
Garage: 12 car attached
Lot Size: 50.58 Acres
Year Built: 2025

Amenities

Flat Screen Wiring
Granite Counters
High Speed Internet Available

Feature Descriptions

Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
Days on Site: 17
Exclusions: All equipment, furniture, decor and Dog Kennels
Parcel#: R000058171
Parking: Carport, Common, Covered, RV Carport
Parking Notes: Carport, Common, Covered, RV Carport
Utilities: Asphalt, Co-op Electric, Septic, Well

Local Schools

Elementary School: Lipan
School District: Lipan ISD

Listed By / Shown By

Listed By

Agency Name: Keller Williams Brazos West
Agency Contact: 254-592-6877
Agent Name: Sam Byrd

agent picture

Shown By

Agent Name: Maritza Perez
Agent Phone: (254) 715-9434
Agency Title: Kelly, Realtors

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Estimated Payment

$ 4,770.16 per month $4,217.45 Principal & Interest $0.00 Property Tax (data not provided by mls) $552.71 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/20/2026. The listing information on this page last changed on 04/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/20/2026 12:00:34 AM EST) or NTREIS (last updated Sun 04/19/2026 7:44:40 AM EST) or SABOR MLS (last updated Sun 04/19/2026 11:52:30 PM EST) or CTXMLS (last updated Sun 04/19/2026 11:34:20 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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