11874 Fm 157
Maypearl, TX, 76064 $ 4,900,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 30,939
for $4,900,000. This property was built in 2012 on a lot size of 135.87.
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.
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FeaturesGeneralDevelopment Status Plat Approved Utilities Installed Other
Heating Central
Cooling Central Air
Utilities Rural Water District Septic
Possession Closing/Funding
current use Agricultural Cattle Horses Hunting/Fishing Livestock Multi-Family Ranch Residential Other
Restrictions Easement(s)
School District Maypearl ISD
Crops Coastal Bermuda Improved Pasture Main Grass Native Other
Year Built 2012
Topography See documents
AG Exemption Y
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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ExteriorWaterfront 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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* Excluded FeaturesList ByCorbin CarpenterListing Agent
Nexthome Property AdvisorsBroker
Affordability Calculator
- Monthly Principal & Interest
- $30,939
- Monthly Property Taxes
- $874
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 NearbyLots and land listings in Maypearl, TX
Average List Price $939,744
Percent of Sale Price 81%
About Maypearl, TX 1,034 Population
34% Since 2002
$ 71,073 Median Income
33.11 Median Age
43% Households with Children
Trends Information provided by ATTOM Data Solutions.
287561 Elementary School
3680446 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/29/2026 | $4,900,000 | | Listed Price |