15350 Margarita Court Lipan, TX $ 1,895,000
15350 Margarita Court
$ 1,895,000
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15350 Margarita Court

Lipan, TX, 76462
$ 1,895,000
Bedrooms2 Baths1.0 Sq 900

Monthly Estimate*

$ 11,668

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Single Family Home for sale in Lipan, TX

for $1,895,000 with 2 bedrooms and 1 full bath. This 900 square foot home was built in 2025 on a lot size of 50.584.

Great Horse Property!! Check this one out!! Located in THE Lipan Isd school district, which is one of the very hottest areas in North Texas! This property consists of over 50 acres of land located at the end of a paved county road! The facilities on this one are second to none! The property has been fenced, cross fenced and new gates throughout! The main barn consists of 14 stalls which are 12 x12 with 12x16 covered runs! There is a feed and tack room, two wash racks , and half bathroom and covered lanes at the end of the stalls! This barn has one of the coolest set ups I have ever seen! The barn opens up to the arena, the boxes are covered and there is a sitting area where you can relax and watch all the action! The arena is 140 x300, and it was designed for team roping, reigning or barrels! The overflow barn features 12 stalls which are 12x 12! There is also an additional set of 6 stalls which are 12 x12 with 12 x34 foot runs! In addition to the horse facilities there is also a brand new 2 bedroom, 1 bath apartment, pics available upon request! The shop is 40 x60 with 4 roll up doors! There is also a 50x50 covered carport for your trucks and trailers! There is a an area which was planned for a homesite, a very strong water well and chicken coop! The owners had planned on building a custom home but plans changed and they have decided to sell! This one is turn key ready for its new owners, and the apartment provides a place for the owners to live while they build the main house! If you are looking for a training facility or a place to handle a large number of horses, then this is it! The ranch is brand new and it is remarkable in all aspects!! Come take a look and see if its the one for you! More pics available upon request!

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Single Family Contingent

Price

$ 1,895,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 67

Style

Farm/Ranch

Lot Size

50.584

Year Built

2025

Town/City

Lipan

County/Region

Hood

MLS | Web ID

21227231

Features
Interior
Interior Features Flat Screen Wiring Granite Counters High Speed Internet Available
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 2
Total Baths 1
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Exterior
Waterfront 0
Garage Length 60
Garage Width 40
Parking Features Carport Common Covered RV Carport
Lot Size 50 to =< 100 Acres
Structural Style Apartment
Garage Y/N 1
Attached Garage Y/N 1
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General
Utilities Asphalt Co-op Electric Septic Well
Possession Closing/Funding
Appliances Dishwasher Disposal Electric Cooktop Electric Oven Electric Range Electric Water Heater Microwave
Number of Garage Spaces 12
School District Lipan ISD
Pool Y/N 0
Exclusions All equipment furniture decor and Dog Kennels
Year Built 2025
Levels Two
Property Subtype Farm/Ranch
Subdivision Name J D Lawrence Surv Abs #496
Transaction Type For Sale
County Erath
Property Type Residential
HOA Type None
Full Baths 1
Status Active Option Contract
Directions GPS Friendly address
City Lipan
Elementary School Name Lipan
High School Lipan
Elementary School Lipan
Standard Status Active Under Contract
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Internal Only
Street Number 1 15350
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* Excluded Features
List By
Sam Byrd

Listing Agent

Keller Williams Brazos West

Broker

Affordability Calculator

$11,673
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,668
Monthly Property Taxes
$6
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
287720 Elementary School
5136376 Middle School
Pricing History
Date Price Price Change Description
4/2/2026 $1,895,000 Listed Price

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15350 Margarita Court, Lipan, TX, 76462 is a Single Family Home for sale at $1,895,000 with 900 sqft and a lot size of 50.584. 15350 Margarita Court has 2 bedrooms, 1.0 baths, and was built in 2025. The property's zip code is 76462 which is in Lipan, TX