11874 Fm 157, Maypearl, TX 76064
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11874 Fm 157, Maypearl, TX 76064
11874 Fm 157, Maypearl, TX 76064
11874 Fm 157, Maypearl, TX 76064
11874 Fm 157, Maypearl, TX 76064
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$ 4,900,000
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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 21398527

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

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.

Location

State TX

County Ellis

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

Utilities Available Septic Available

Waterfront Description Boat Dock/Slip

Water Access Desc Rural

Present Use Agricultural,Cattle,Horses,Hunting,Livestock,Multi-Family,Other,Ranch,Residential,Single Family

Porch Covered

Private Pool No

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

Middle Schools Maypearl

High Schools Maypearl

School District Maypearl Isd


North Texas Real Estate Info Systems (NTREIS) / WACO Association of Realtors
Listed by  Corbin Carpenter • NextHome Property Advisors

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11874 Fm 157