11874 Fm 157
Maypearl, TX, 76064
$4,900,000
Beds
0 Baths
SqFt
135.87 Acres
MLS #21398527 image #0

Location

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.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$4,900,000
MLS #:
21398527
Status:
Active
Baths:
0
Type:
Land
Subtype:
Ranch
Subdivision:
J A Gaona
Listed Date:
Sep 29, 2026
Lot Size:
5,918,497 sqft / 135.87 acres (approx)
Year Built:
2012
J A GaonaMaypearl IsdMaypearlMaypearl

Schools

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

Interior

Cooling
Central Air
Heating
Central

Exterior

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

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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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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Market Summary

Current real estate data for Land in Maypearl as of Oct 11, 2026
7
Land Listed
284
Avg DOM
$977,564
Avg List Price

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 $4,900,000 and features 136 acres. To schedule a showing of MLS#21398527 at 11874 Fm 157 in Maypearl, TX, contact your Aaron Layman Properties agent at 940-209-2100.
11874 Fm 157
Maypearl, TX