Date
Details
Price
Change
Source
9/28/2026
Listed
$3,390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 15313 Margarita Ct
General
- Price: $3,390,000
- Taxes: $11,288
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21397884
- Updated: 9/29/2026
- Added to Site: 1 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
- Property Condition: Resale
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, Tyler Thomas and Briggs Freeman Sotheby's Int'l, Joseph Romero
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Listing agents
— 15313 Margarita Ct —
Tyler Thomas
Briggs Freeman Sotheby's Int'l
Joseph Romero
Briggs Freeman Sotheby's Int'l
214-350-0400
NMLS#: 1598647Get Pre-Approved Today
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 | 3.4 mi |
Lipan High School 211 North Kickapoo Street, Lipan, TX 76462 | 7-12 | 3.4 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
Tax History
Tax History for 15313 Margarita Ct
Year
Property Taxes
Change
Tax Assessment
Change
2026
$13,437
-2%
100%
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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