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11874 Fm 157, 
Maypearl, TX 76064

$4,200,000


Bed


Bath


-

Sq Ft


135.87

Acres (Lot)


Land


Virtual Tour

Active

Listed by

Corbin Carpenter

Kent Bush

Nexthome Property Advisors

Last updated:

March 10, 2026, 11:43 AM

MLS#

21139580

Source:

GDAR

About This Land

11874 Fm 157

Generational Living with privacy and convenience at your fingertips! Rare opportunity to own 135 acres in the heart of Ellis County—a multi-use ranch with outstanding development, agricultural, and multi-residential potential. Keefer Ranch has been in the same family for generations and offers a blend of open pasture, mature trees, and multiple water features, all just minutes from Maypearl and within 45 minutes of Dallas–Fort Worth. The property includes three separate residences (1,680 sqft built 2012, 3,140 sqft built 1997, and 1,500 sqft built 2015), each with covered porches and private views. Ideal for multi-family living, ranch staff, or rental income. Additional improvements include a 72x40 barn with 6 stalls, tack room, and wash rack, plus an 8,000+ sqft workshop with electricity and water—perfect for equipment, storage, or commercial use. Land features include three ponds (two stocked), cross-fencing for livestock, an on-site water well, and 1,100 ft of road frontage along FM 157. 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, this location offers true rural privacy without sacrificing convenience. Whether you’re seeking a working ranch, long-term investment, or a prime development opportunity, Keefer Ranch delivers unmatched versatility and potential.

Land Facts

Description/Design:

Land

Lot Size (Acres)

135.87

MLS #:

21139580

Last Updated:

March 10, 2026, 11:43 AM


Structure

Structure

Year Built:

2012


Finances & Disclosures

Finances

Price:

$4,200,000

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Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated March 10, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Realty.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.