2387 Farm to Market 503
Coleman, TX, 76834 $ 3,950,000
Bedrooms5 Baths5.1 Sq 6,000 Monthly Estimate*
$ 24,321
for $3,950,000 with 5 bedrooms and 5 full baths, 1 half bath. This 6,000 square foot home was built in 2002 on a lot size of 392.
The 392 acre CM Ranch is a turnkey, full scale Texas ranch built for both enjoyment and day to day operation, featuring a premier main home, strong water, quality horse and cattle infrastructure, and a layout that works. With multiple pastures, productive ground, and a large lake setting, this property delivers a rare blend of comfort, function, and long term value in one complete package. The centerpiece is a two story rock home set high with sweeping views across the ranch and the lake. Built in 2002, the home is approximately 6,000 square feet per owner and features 5 bedrooms and 5.5 bathrooms. The garage enters into an oversized mud room and laundry room, the main living area is anchored by a rock fireplace and expansive windows, and upstairs includes 3 bedrooms, a game room, a media room, and a balcony. The home is supported by three newer air conditioning units. Horse facilities include a barn with 8 stalls with water and a hay loft, plus a foreman’s suite inside the horse barn with a full kitchen and full bathroom. Water is a standout feature with five tanks total, including a larger tank lake that can be approximately 20 feet deep when full and roughly 8 to 10 acres at capacity. The ranch is divided into 8 pastures and offers excellent wildlife habitat. The owner reports strong deer activity when wheat is up, along with turkey, quail, and other native game, and the property has not been hunted in approximately 15 years. For cattle and crops, approximately 75 acres have been planted in wheat, canola, and Sudan for hay, and the ranch currently runs about 25 head for casual ranching. Additional improvements include an equipment barn and multiple water taps throughout the property. Utilities include county water, Coleman County Electric, a 250 gallon propane tank for the kitchen stove via West Texas Gas, internet currently via Starlink with county service wired to the house and barn, and a 500 gallon diesel tank on stilts at the barn.
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FeaturesInteriorInterior Features Vaulted Ceiling(s) Wet Bar
Flooring Concrete Laminate
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 1
Total Bedrooms 5
Total Baths 6
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GeneralHeating Central Electric Heat Pump
Cooling Central Air Heat Pump
Utilities Cable Available Electricity Available Electricity Connected Sewer Available
Possession Closing/Funding
Roof Metal
Appliances Dishwasher
Number of Garage Spaces 3
Restrictions None
School District Panther Creek Cons ISD
Pool Y/N 0
Year Built 2002
Architectural Style Ranch
Levels Two
Property Subtype Farm/Ranch
Subdivision Name NA
Transaction Type For Sale
County Coleman
Property Type Residential
Construction Materials Rock/Stone
HOA Type None
Full Baths 5
Status Active
Directions From 153 drive south until you reach the property on the East side of the road.
City Coleman
Elementary School Name Panther Creek
High School Panther Creek
Elementary School Panther Creek
Standard Status Active
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ExteriorWaterfront 1
Exterior Features Balcony Barbecue Dock Gas Grill Gray Water System Lighting Outdoor Grill Private Entrance Private Yard
Lot Features Acreage
Fencing Back Yard Barbed Wire Chain Link Fenced Front Yard Full Gate Pipe Wire
Soil Type Sandy Loam
Other Structures Barn(s)
Parking Features Additional Parking Detached Carport Garage Oversized
WaterFront Features Lake Front
Lot Size Over 100 Acres
Foundation Slab
Structural Style Farm/Ranch House Single Detached
Garage Y/N 1
Attached Garage Y/N 1
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* Excluded FeaturesList ByColton HarbertListing Agent
Capitol Ranch Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $24,321
- Monthly Property Taxes
- $847
- 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.
Learn more about how to save NearbySingle family listings in Coleman, TX
Average List Price $299,926
Percent of Sale Price 92%
About Coleman, TX 4,407 Population
-15% Since 2002
$ 43,234 Median Income
41.53 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
288316 Elementary School
3676589 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/10/2026 | $3,950,000 | | Listed Price |