11874 Fm 157 Maypearl, TX $ 4,200,000
11874 Fm 157
$ 4,200,000
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11874 Fm 157

Maypearl, TX, 76064
$ 4,200,000
Baths0.0

Monthly Estimate*

$ 25,860

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Studio

Lots and Land for sale in Maypearl, TX

for $4,200,000. This property was built in 2012 on a lot size of 135.87.

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 72x40 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.

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Lots and Land Active

Price

$ 4,200,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 10,491

Style

Ranch

Lot Size

135.87

Year Built

2012

Town/City

Maypearl

County/Region

Ellis

MLS | Web ID

21139580

Features
General
Development Status Plat Approved Utilities Installed Other
Heating Central
Cooling Central Air
Utilities Rural Water District Septic
Possession Closing/Funding
Restrictions Easement(s)
School District Maypearl ISD
Crops Coastal Bermuda Improved Pasture Main Grass Native Other
Year Built 2012
Community Features Fishing Horse Facilities Perimeter Fencing RV Parking Stable(s) Other
Topography See documents
Property Subtype Ranch
Subdivision Name J A Gaona
County Ellis
Property Type Land
HOA Type None
Status Active
Directions Hwy 287 South to Venus East on Hwy 157 13 miles on left sign says Keefer Ranch
City Maypearl
Elementary School Name Maypearl
High School Maypearl
Elementary School Maypearl
Standard Status Active
Junior High School Maypearl
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Exterior
Waterfront 0
Exterior Features Covered Patio/Porch Dock Lighting Private Entrance RV Hookup RV/Boat Parking Stable/Barn Storage Other
Lot Features Acreage Agricultural Cleared Few Trees Lrg. Backyard Grass Pasture Tank/ Pond
Vegetation Cleared Grassed
Fencing Barbed Wire Chain Link Cross Fenced Fenced Front Yard Full Gate Metal Perimeter Pipe Other
Other Structures Barn(s) Bunk House Corral(s) Garage(s) Grain Storage Outbuilding Residence RV/Boat Storage Second Garage Second Residence Separate Entry Quarters Stable(s) Storage Workshop Workshop w/Electric Other
WaterFront Features Dock – Uncovered
Lot Size Over 100 Acres
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Internal Only
Street Number 1 11874
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* Excluded Features
List By
Corbin Carpenter

Listing Agent

Nexthome Property Advisors

Broker

Affordability Calculator

$26,734
Per Month
97%
3%
0%
Monthly Principal & Interest
$25,860
Monthly Property Taxes
$874
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
287561 Elementary School
3680446 Middle School
Pricing History
DatePricePrice ChangeDescription
1/23/2026$4,200,000 Listed Price

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11874 Fm 157, Maypearl, TX, 76064 is a Lots and Land for sale at $4,200,000 with a lot size of 135.87. 11874 Fm 157 is a studio with 0.0 baths and was built in 2012. The property's zip code is 76064 which is in Maypearl, TX