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Tracy Bassett

tracybassettrealtor@gmail.com +1(817) 296-1211

$ 4,200,000

Est. payment -/mo

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Active

11874 Fm 157 Maypearl, TX 76064

135.87 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Subdivision J A Gaona

MLS Listing ID 21139580

HOA Y/N No

Year Built 2012

Annual Tax Amount $10,491

Lot Size 135.870 Acres

Acres 135.87

Property Sub-Type Ranch

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.

Location

State TX

County Ellis

Community Fishing, Fenced Yard, Stable(S), Other

Zoning Agriculture

Direction Hwy 287 South to Venus, East on Hwy 157, 13 miles on left, sign says Keefer Ranch

Rooms

Other Rooms Bunkhouse, Corral(s), Second Garage, Garage(s), Grain Storage, Outbuilding, Other, Second Residence, Residence, RV/Boat Storage, Storage, Workshop, Barn(s), Stable(s)

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Exterior Feature Dock, Lighting, Other, Private Entrance, RV Hookup, Storage

Parking Features Boat, RV Access/Parking

Fence Barbed Wire, Chain Link, Cross Fenced, Fenced, Full, Front Yard, Gate, Metal, Other, Perimeter

Community Features Fishing, Fenced Yard, Stable(s), Other

Utilities Available Septic Available

Waterfront Description Boat Dock/Slip

Water Access Desc Rural

Porch Covered

Building

Lot Description Acreage, Agricultural, Back Yard, Cleared, Lawn, Pasture, Pond on Lot, Few Trees

Sewer Septic Tank

Water Rural

Additional Building Bunkhouse, Corral(s), Second Garage, Garage(s), Grain Storage, Outbuilding, Other, Second Residence, Residence, RV/Boat Storage, Storage, Workshop, Barn(s), Stable(s)

Schools

Elementary Schools Maypearl

High Schools Maypearl

School District Maypearl Isd

Others

Tax ID 255433

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21139580