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$3,895,000 -$104,999 (-2.62%) Price Reduced
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Property Description
This exceptional Texas ranch for sale offers 69 cross-fenced acres and a luxury estate home of over 6,000 square feet, just 25 minutes from the city. Designed for buyers seeking Texas land, horse property, cattle land, recreational ranch acreage, or a private family compound, this one-of-a-kind property blends modern luxury with ranch functionality. The estate features 5 spacious bedrooms, 7 bathrooms, a private guest house, Control4 smart home technology, a chef's kitchen, custom dry bar, wet bar, gas fireplace, dedicated office spaces, and expansive living and entertaining areas. The resort-style outdoor setting includes a heated pool and spa, putting green, outdoor kitchen, ponds, and panoramic Texas views. Property improvements include 4 wells, a generator, barn with attached pens, cross fencing for livestock or equestrian use, and room to build additional homes or structures. Ideal for buyers from Houston, Austin, San Antonio, Dallas-Fort Worth, California, Colorado, Montana, Wyoming, and New Mexico looking for luxury ranches, horse property, farm and ranch land, or legacy acreage in Texas.
Full Property Details
Full Property Details for 15313 Margarita Ct
General
- Price: $3,895,000
- Taxes: $11,288
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 20969211
- Updated: 3/18/2026
- Added to Site: 264 day(s) ago
Interior
- Interior Features: Wet Bar, Built-in Features, Chandelier, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Multiple Master Suites, Smart Home, Cable TV, Vaulted Ceiling(s), Wired for Data, Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas, Living Room, Outside, Wood Burning
- Appliances: Built-In Refrigerator, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Water Softener, Tankless Water Heater, Wine Cooler
- Flooring: Carpet, Cork, Concrete
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 5
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool: Yes
- Pool Description: In Ground, Outdoor Pool, Pool
- Security/Safety: Prewired, Security System, Fire Alarm
Exterior
- Exterior Features: Gas Grill, Outdoor Grill, Outdoor Kitchen, Outdoor Shower
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Parking Features: Concrete, Driveway, Electric Gate, Garage, Garage Door Opener, Inside Entrance, Kitchen Level, Garage Faces Side, Storage
Location
- County: Hood
- Subdivision: Old Wd Ranch Ph I Sec D
- Driving Directions: Hwy 20 to Dennis Rd go south on Dennis Rd for 5.5 miles turn left on 1189 go 16 miles turn right on FM 4 E Lipan Dr, go .2 miles to 1189 S Caddo St. next go 1.4 Star Hollow Rd., go 1.2 miles turn right on Boswell Ct, next go 1.2 miles turn right on Margarita Ct. go .2 miles turn left into driveway
School Information
- Elem School District: Lipan ISD
- Midd School District: Lipan ISD
- High School District: Lipan ISD
- Elementary School: Lipan
- Middle School: Lipan
- High School: Lipan
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Water: Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Septic Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Modern, Farmhouse
- Structure Type: House
- Detached/Attached: Detached
- Construction: Board & Batten Siding
- Roof: Composition
- Stories/Levels: 2
- Living Area: 6,106 Sq. Ft.
- Current Bldg. Use: Cattle, Pasture
- Year Built: 2021
Additional Structures
- Other Structures: Guest House, Shed(s), Barn(s)
Lot Features
- Lot Size (Acres): 69
- Lot Size (Sq. Ft.): 3,005,640
- Lot Features: Acreage
- Potential Use: Cattle
- Fencing (Description): Cross Fenced, Fenced, Metal, Pipe
Horse Property
- Horse Facility Desc.: Barn
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $11,288
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ACRES: 1.000 SUBD: OLD WD RANCH PH I SEC D TR
- Exclusions: Window dressings in primary bedroom and downstairs secondary bedroom
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: R000107599
Listed by Briggs Freeman Sotheby's Int'l, Joseph Romero and Briggs Freeman Sothebys Intl, Kayla Roberts
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Schools
Schools serving 15313 Margarita Ct
School District:Lipan Independent School District
| Name | Grades | Distance |
|---|---|---|
Lipan Elementary School 211 North Kickapoo Street, Lipan, TX 76462 | PK-6 | 3.5 mi |
Lipan High School 211 North Kickapoo Street, Lipan, TX 76462 | 7-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15313 Margarita Ct
Date
Details
Price
Change
Source
3/18/2026
Price Reduced
$3,895,000
-2.62%
MLS
10/25/2025
Price Reduced
$3,999,999
-8.47%
MLS
9/30/2025
Price Reduced
$4,370,000
-0.57%
MLS
6/27/2025
Listed
$4,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15313 Margarita Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,737
29%
-100%
2023
$10,675
297%
$861,950
415%
2022
$2,690
—
$167,470
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15313 Margarita Ct
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