15350 Margarita Court, Lipan, TX 76462

• 2 beds |
• 1 bath |
• 900 sqft

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!

Listing Status:

Pending

Data Last Updated:

May 17, 2026 at 7:19AM

Listing Office:

Keller Williams Brazos West : 254-335-0500

Listing Agent:

Sam Byrd :

MLS ID:

21227231

Interior

• General: Granite CountersHigh Speed InternetWired for Sound
• Appliances: DishwasherElectric CooktopElectric OvenElectric RangeElectric Water HeaterDisposalMicrowave
• Fireplace: Fireplaces: 0

Exterior

• Pool: None
• Parking: CommonCoveredCarportRV Carport

Construction

• General: 2

Location

• Road/Access: Asphalt
• Originating MLS: NTR
• School District: Lipan ISD
• County: Erath

Lot

• Zoning: ACRES: 50.584 A0726 SCHNELL JOHN A & A0496 JR000058171

Utilities

• Utilities: Electricity AvailableSeptic AvailableWater Available
• Water: Well
• Sewer: Septic Tank

Financial

• Source: NTR
• Exclusions: All equipmentfurnituredecor and Dog Kennels