Location
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 72×40 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.
Property Details
Price:
$4,200,000
MLS #:
21139580
Status:
Active
Baths:
0
Type:
Land
Subtype:
Ranch
Subdivision:
J A Gaona
Listed Date:
Jan 23, 2026
Lot Size:
5,918,497 sqft / 135.87 acres (approx)
Year Built:
2012
Schools
School District:
Maypearl ISD
Elementary School:
Maypearl
High School:
Maypearl
Interior
Cooling
Central Air
Heating
Central
Exterior
Community Features
Fishing, Horse Facilities, Perimeter Fencing, RV Parking, Stable(s), Other
Exterior Features
Covered Patio/Porch, Dock, Lighting, Private Entrance, RV Hookup, RV/Boat Parking, Stable/Barn, Storage, Other
Fencing
Barbed Wire, Chain Link, Cross Fenced, Fenced, Front Yard, Full, Gate, Metal, Perimeter, Pipe, Other
Lot Size Area
135.8700
Number Of Tanks And Ponds
3
Number Of Wells
1
Vegetation
Cleared, Grassed
Waterfront Features
Dock – Uncovered
Financial

See this Listing
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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- Address11874 Fm 157 Maypearl TX
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- Zip Code76064
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Market Summary
Property Summary
- Located in the J A Gaona subdivision, 11874 Fm 157 Maypearl TX is a Land for sale in Maypearl, TX, 76064. It is listed for $4,200,000 and features 136 acres. To schedule a showing of MLS#21139580 at 11874 Fm 157 in Maypearl, TX, contact your Aaron Layman Properties agent at 940-209-2100.

11874 Fm 157
Maypearl, TX




