15350 Margarita Court, Lipan, TX 76462

$1,895,000

Est. payment /mo
Est.Price: ?

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15350 Margarita Court Lipan, TX 76462

2 Beds

1 Bath

900 SqFt

SOLD DATE : 06/22/2026

Key Details

Property Type Single Family Home

Sub Type Farm/Ranch

Listing Status Sold

Purchase Type For Sale

Square Footage 900 sqft

Subdivision J D Lawrence Surv Abs #496

MLS Listing ID 21227231

Sold Date 06/22/26

Bedrooms 2

Full Baths 1

HOA Y/N None

Year Built 2025

Annual Tax Amount $67

Lot Size 50.584 Acres

Acres 50.584

Property Sub-Type Farm/Ranch

Property Description

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!

Location

State TX

County Erath

Direction GPS Friendly address

Rooms

Dining Room 1

Interior

Interior Features Flat Screen Wiring, Granite Counters, High Speed Internet Available

Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave

Exterior

Garage Spaces 12.0

Carport Spaces 6

Utilities Available Asphalt, Co-op Electric, Septic, Well

Total Parking Spaces 18

Garage Yes

Building

Story Two

Level or Stories Two

Schools

Elementary Schools Lipan

Middle Schools Lipan

High Schools Lipan

School District Lipan Isd

Others

Financing Cash

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Sam Byrd • Keller Williams Brazos West
Bought with Rick Grant • Keller Williams Heritage West

NEARBY SCHOOLS & BUSINESSES

Levi Adler

Levi Adler

Agent | License ID: 657606

+1(682) 239-0186

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