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Listing provided courtesy of NextHome Property Advisors- MLS# 21139580MLS ProviderContact Information: Corbin Carpenter

11874 Fm 157Maypearl, TX 76064

Vacant Land · 135.87 Acres
$4,200,000 Active

11874 Fm 157 Overview

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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.

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11874 Fm 157 Facts & Features

  • Type Vacant Land
  • Lot 135.87 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Maypearl ISD
  • Elementary School: Maypearl
  • High School: Maypearl

Building Information

  • Year Built: 2012

Location/Region

  • Country: US
  • County Or Parish: Ellis
  • Postal City: MAYPEARL
  • Subdivision Name: J A Gaona

Community/Development

  • Community Features: Fishing,Fenced Yard,Stable(s),Other
  • Development Status: Other,Site Plan Approved

Tax Information

  • Tax Annual Amount: 10491.0

General Information

  • Parcel Number: 255433
  • Possible Use: Agricultural,Cattle,Commercial,Dairy,Development,Grazing,Horses,Hunting,Investment,Livestock,Multi-Family,Other,Pasture,Place of Worship,Ranch,Residential
  • Property Sub Type: Ranch
  • Property Type: Land

Interior

General Information

    Exterior

    Parking Information

    • Parking Features: Boat,RV Access/Parking

    Lot Information

    • Lot Features: Acreage,Agricultural,Back Yard,Cleared,Lawn,Pasture,Pond on Lot,Few Trees
    • Lot Size Acres: 135.87
    • Lot Size Area: 135.87
    • Lot Size Square Feet: 5918497.2
    • Lot Size Units: Acres
    • Pasture Area: 100.0
    • Vegetation: Cleared,Grassed
    • Water Source: Rural

    Waterfront/View

    • Waterfront Features: Boat Dock/Slip
    • Waterfront: No

    Building Exterior/Construction

    • Patio And Porch Features: Covered

    General Information

    • Exterior Features: Dock,Lighting,Other,Private Entrance,RV Hookup,Storage
    • Fencing: Barbed Wire,Chain Link,Cross Fenced,Fenced,Full,Front Yard,Gate,Metal,Other,Perimeter
    • Horse Amenities: Barn,Other,Stock Pen(s),Stable(s),Tack Room,Wash Rack
    • Other Structures: Bunkhouse,Corral(s),Second Garage,Garage(s),Grain Storage,Outbuilding,Other,Second Residence,Residence,RV/Boat Storage,Storage,Workshop,Barn(s),Stable(s)
    • Sewer: Septic Tank
    • Utilities: Septic Available

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    11874 Fm 157 Monthly Cost

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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    11874 Fm 157 Market Data

    Based on the last 30 days in this zip code

    $546,300
    Average List Price
    $240
    Average Price per Square Foot
    4
    Properties Sold
    89
    Average Days on Market
    17
    Properties for Sale
    Calculations provided by Reliance Network


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