About 15313 Margarita Court
Luxury horse property and working cattle ranch for sale near Lipan, Texas: 69+or- acres in southern Hood County with a 2021 modern farmhouse, a second home, five ponds, and four water wells, about an hour from Fort Worth. Gated and private, yet 25 miles to Granbury and Stephenville, 36 to Weatherford, 65 to Fort Worth, and under 100 to Dallas. The 6,106+or- sq ft main residence offers 5 bedrooms, 5 full and 2 half baths, vaulted ceilings, custom built-ins, a dedicated office, two gas fireplaces, and Control4 smart-home technology. The chef's kitchen is built for entertaining with a large island, butler's pantry, walk-in pantry, and wet bar. Step outside to a heated pool and spa, outdoor kitchen, covered patios, and an outdoor shower, all overlooking rolling pasture and water. A 1,300+or- sq ft second home (3 bed, 1 bath, screened porch) works as a guest house, ranch manager's quarters, or rental income. Ranch-ready from day one: fully cross-fenced productive pastures, barn with attached pens, storage buildings, and cattle infrastructure that conveys with the sale. The open layout leaves room for a covered arena, round pen, expanded barn, or training facility for performance horses, pleasure riding, or cattle. Whole-home Generac generator, electric gated entrance, camera security system, and attached four-car garage. A rare North Texas equestrian estate for buyers seeking a turnkey country retreat, horse or cattle operation, or long-term land investment within reach of the DFW Metroplex.
Price Change History
| Date | Details | Price |
|---|---|---|
| Oct 3, 2026 | Price Reduced from $3,390,000 to $2,999,999 | $2,999,999 |
Features of 15313 Margarita Court
| MLS® # | 21397884 |
|---|---|
| Price | $2,999,999 |
| Bedrooms | 5 |
| Bathrooms | 5.20 |
| Full Baths | 5 |
| Half Baths | 2 |
| Square Footage | 6,106 |
| Acres | 69.00 |
| Year Built | 2021 |
| Type | Residential |
| Sub-Type | Farm/Ranch |
| Style | Modern Farmhouse |
| Status | Active |
Community Information
| Address | 15313 Margarita Court |
|---|---|
| Subdivision | Old Wd Ranch Ph I Sec D |
| City | Lipan |
| County | Hood |
| State | Texas |
| Zip Code | 76462-8053 |
Amenities
| Utilities | Aerobic Septic, Septic, Well |
|---|---|
| # of Garages | 4 |
| Garages | Concrete, Driveway, Electric Gate, Garage, Garage Door Opener, Garage Faces Side, Inside Entrance, Kitchen Level, Storage |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | In Ground, Outdoor Pool |
Interior
| Interior Features | Built-in Features, Built-in Wine Cooler, Cable TV Available, Chandelier, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Smart Home System, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Wired for Data, Second Primary Bedroom |
|---|---|
| Heating | Central, Electric |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Gas, Living Room, Outside, Wood Burning |
Exterior
| Exterior Features | Attached Grill, Covered Patio/Porch, Gas Grill, Outdoor Kitchen, Outdoor Shower, Storm Cellar |
|---|---|
| Lot Description | Acreage |
| Roof | Composition |
| Construction | Board & Batten Siding |
| Foundation | Slab |
School Information
| District | Lipan ISD |
|---|---|
| Elementary | Lipan |
| Middle | Lipan |
| High | Lipan |
Additional Information
| Date Listed | September 28th, 2026 |
|---|---|
| Days on Market | 5 |
Listing Details
| Agent | Tyler Thomas |
|---|---|
| Office | Briggs Freeman Sotheby's Int'l |
| Contact Info | 214-350-0400 |
