Location
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 12×16 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 50×50 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!
Property Details
Price:
$1,895,000
MLS #:
21227231
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Farm/Ranch
Subdivision:
J D Lawrence Surv Abs #496
Listed Date:
Apr 3, 2026
Finished Sq Ft:
900
Lot Size:
2,203,439 sqft / 50.58 acres (approx)
Year Built:
2025
Schools
School District:
Lipan ISD
Elementary School:
Lipan
Middle School:
Lipan
High School:
Lipan
Interior
Bathrooms Full
1
Interior Features
Flat Screen Wiring, Granite Counters, High Speed Internet Available
Number Of Living Areas
1
Exterior
Carport Spaces
6
Garage Height
16
Garage Length
60
Garage Spaces
12
Garage Width
40
Lot Size Area
50.5840
Financial

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address15350 Margarita Court Lipan TX
- SubdivisionJ D Lawrence Surv Abs #496
- CityLipan
- CountyErath
- Zip Code76462
Subdivisions in Lipan
- Abstract 217-Lewis P Cooke Survey
- Acres 53.659, A0493 LOPEZ JOSE F
- ACRES: 30.881 ABST: D GONZALES – ABST 192
- ACRES: 9.13 ABST: 32 SURVEY: BLANTON ELIJAH
- Aiken W J North
- Blanton Elijah
- Country Hills 03 Ph 03
- DAY DREAM ACRES, G-068
- George Allen – ABST 7
- Gm Collingsworth Srvy Sub
- GW TREIGHEN Abs #431
- Hansborough
- Hill Country Sec 1
- Homestead Acres
- James Cole Surv Abst #91
- Lipan
- No
- OLD WD RANCH
- Old Wd Ranch Ph I Sec D
- Old Wd Ranch Ph I Sec E
- OLD WD RANCH SUBDIVISION
- Roping Oaks
- Roping Oaks Subdivision
- RW WHEELER
- Spencer Hill
- Sugartree
- Sugartree Golf Club Add
- Sugartree in The Brazos
- Sugartree On The Brazos
- T & N O R R Co Surv Abs # 695
- T & N O Rr Co Surv Abs #1245
- The Ranched At Star Hollow
- The Ranches At Star Hollow
- Wilson Bend Ph 1
- WILSON BEND PHASE 1
- Wm D Thomason Abs 1341
- Wyatt Mcgaffey Surv A-915
- xxx
Market Summary
Current real estate data for Single Family in Lipan as of Apr 11, 2026
49
Single Family Listed
121
Avg DOM
491
Avg $ / SqFt
$1,027,986
Avg List Price
Property Summary
- Located in the J D Lawrence Surv Abs #496 subdivision, 15350 Margarita Court Lipan TX is a Single Family for sale in Lipan, TX, 76462. It is listed for $1,895,000 and features 2 beds, 1 baths, and has approximately 900 square feet of living space, and was originally constructed in 2025. The current price per square foot is $2,106. The average price per square foot for Single Family listings in Lipan is $491. The average listing price for Single Family in Lipan is $1,027,986. To schedule a showing of MLS#21227231 at 15350 Margarita Court in Lipan, TX, contact your Aaron Layman Properties agent at 940-209-2100.

15350 Margarita Court
Lipan, TX




