11874 Fm 157 Maypearl, TX $ 4,900,000
11874 Fm 157
$ 4,900,000
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11874 Fm 157

Maypearl, TX, 76064
$ 4,900,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 30,939

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Lots and Land for sale in Maypearl, TX

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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Lots and Land Active

Price

$ 4,900,000

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

21398527

Features
General
Development 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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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

$31,813
Per Month
97%
3%
0%
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.
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Nearby
287561 Elementary School
3680446 Middle School
Pricing History
DatePricePrice ChangeDescription
9/29/2026$4,900,000 Listed Price

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11874 Fm 157, Maypearl, TX, 76064 is a Lots and Land for sale at $4,900,000 with a lot size of 135.87. 11874 Fm 157 has 0.0 baths and was built in 2012. The property's zip code is 76064 which is in Maypearl, TX