15350 Margarita Court, Lipan, Texas

$1,895,000

Previous Next

2

Beds

1

Bath

900

Square feet

50.58

Acres

About 15350 Margarita Court

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!

Status Change History

Jun 22, 2026 Status Changed from Pending to Closed Closed
Apr 27, 2026 Status Changed from Active Under Contract to Pending Pending
Apr 15, 2026 Status Changed from Active to Active Under Contract Active Under Contract

Features of 15350 Margarita Court

MLS® # 21227231
Price $1,895,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 900
Acres 50.58
Year Built 2025
Type Residential
Sub-Type Farm/Ranch
Status Closed

Community Information

Address 15350 Margarita Court
Subdivision J D Lawrence Surv Abs #496
City Lipan
County Erath
State Texas
Zip Code 76462-8040

Amenities

Utilities Asphalt, Co-op Electric, Septic, Well
# of Garages 12
Garages Carport, Common, Covered, RV Carport
Is Waterfront No
Has Pool No

Interior

Interior Features Flat Screen Wiring, Granite Counters, High Speed Internet Available
Fireplace No

School Information

District Lipan ISD
Elementary Lipan
Middle Lipan
High Lipan

Additional Information

Date Listed April 2nd, 2026
Date Sold June 22nd, 2026
Days on Market 166

Listing Details

AgentSam Byrd
OfficeKeller Williams Brazos West
Contact Info254-592-6877

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?