17939 N Fm 1189
Lipan, TX, 76462 $ 4,250,000
Bedrooms3 Baths2.1 Sq 2,654 Monthly Estimate*
$ 26,514
for $4,250,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,654 square foot home was built in 1978 on a lot size of 123.
Income producing Equestrian and Cattle Property in the heart of cowboy country with multiple residences, two large homes, one apartment, and a four bed four bath bunkhouse. Covered arena, 37 stalls, outdoor arena, and working cattle pens. Previous home to Kasen York Performance Horses. This premier equestrian property spanning 123± acres, just one hour west of Fort Worth. Perfectly blending residential comfort with professional grade equestrian and cattle facilities, this property offers an exceptional opportunity for horse enthusiasts or professional trainers. Residential features include two recently updated homes, ideal for hosting guests, accommodating staff, or enjoying your own private living quarters, new apartment with one bedroom 1.5 bath, bunkhouse with four private rooms and laundry. Equestrian facilities include two Barns with 37 total stalls, additional pens and traps, cattle lanes, outdoor 150 ft octagon arena, covered arena 120x250, new 8 horse walker covered, restroom, and washroom, perfect for hosting events or competitions. Additional features, equipment barn-hay and large shop for secure storage. RV hookups. Two ponds adding both natural beauty and functionality to the property. This property is more than a ranch—it’s a fully equipped equestrian paradise with endless potential. Whether you’re looking to host events, train professionally, or enjoy a private retreat, this property delivers the perfect balance of lifestyle and functionality. All ranch equipment negotiable; cab tractor, arena drag, skidsteer, two side by side atv's, and manure spreader.
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FeaturesInteriorInterior Features Eat-in Kitchen Granite Counters Kitchen Island Open Floorplan Pantry
Flooring Carpet Laminate
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 1
Total Bedrooms 3
Total Baths 3
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GeneralHeating Electric
Cooling Electric
Utilities Aerobic Septic Asphalt Electricity Available Well
Possession Closing/Funding
Roof Metal
Appliances Dishwasher Electric Range Microwave Refrigerator
current use Cattle Grazing Horses Pasture Ranch
Number of Garage Spaces 2
Restrictions None
School District Lipan ISD
Pool Y/N 0
Crops Common Bermuda
Exclusions Minerals
Year Built 1978
Architctural Style Ranch
Levels One
Property Subtype Farm/Ranch
Subdivision Name None
Transaction Type For Sale
Occupant Type Tenant
County Erath
Property Type Residential
Construction Materials Brick Rock/Stone Siding
Year Built Details Preowned
HOA Type None
Full Baths 2
Status Active
Directions From Lipan go south on 1189 property is on right GPS friendly
City Lipan
Other Equipment Farm Equipment Livestock Equipment
Elementary School Name Lipan
High School Lipan
Elementary School Lipan
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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ExteriorWaterfront 0
Exterior Features RV Hookup Stable/Barn Storage
Lot Features Acreage Cleared Few Trees Hilly Oak Pasture Rolling Slope Tank/ Pond
Vegetation Grassed
Fencing Cross Fenced Fenced Perimeter
Soil Type Sandy Loam
Garage Length 22
Garage Width 22
Other Structures Arena Barn(s) Bunk House Covered Arena Grain Storage Guest House Outbuilding Residence Second Residence Shed(s) Stable(s) Storage Workshop w/Electric
Lot Size Source Owner
Parking Features Aggregate
Lot Size Over 100 Acres
Foundation Pillar/Post/Pier
Structural Style Farm/Ranch House
Garage Y/N 1
Attached Garage Y/N 1
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* Excluded FeaturesList ByChristies Lone StarBroker
Affordability Calculator
- Monthly Principal & Interest
- $26,514
- Monthly Property Taxes
- $443
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Lipan, TX
Average List Price $1,009,127
Percent of Sale Price 76%
About Lipan, TX 405 Population
27% Since 2002
$ 54,423 Median Income
44.45 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
287720 Elementary School
5136376 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/19/2025 | $4,250,000 | -5.56% | Price Down |
| 8/15/2025 | $4,500,000 | -6.25% | Price Down |
| 3/15/2025 | $4,800,000 | | Listed Price |
17939 N Fm 1189, Lipan, TX, 76462 is a Single Family Home for sale at $4,250,000 with 2,654 sqft and a lot size of 123. 17939 N Fm 1189 has 3 bedrooms, 2.1 baths, and was built in 1978. The property's zip code is 76462 which is in Lipan, TX