Date
Details
Price
Change
Source
4/02/2026
Listed
$1,895,000
—
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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$1,895,000 Just Listed
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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!
Full Property Details
Full Property Details for 15350 Margarita Ct
General
- Price: $1,895,000
- Taxes: $67
- Status: Active
- Type: Apartment
- Source: NTREIS
- MLS ID: 21227231
- Updated: 4/2/2026
- Added to Site: Today
Interior
- Interior Features: Granite Counters, High Speed Internet, Wired for Sound
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 12
- Carports: Yes
- Carport Spaces: 6
- Covered Spaces: 18
- Parking Features: Common, Covered, Carport, RV Carport
Location
- County: Erath
- Subdivision: J D Lawrence Surv Abs #496
- Driving Directions: GPS Friendly address
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
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Structure Type: Apartment
- Detached/Attached: Attached
- Stories/Levels: 2
- Living Area: 900 Sq. Ft.
- Year Built: 2025
Lot Features
- Lot Size (Acres): 50.584
- Lot Size (Sq. Ft.): 2,203,439.04
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $67
Disclosures and Reports
- Legal Description: ACRES: 50.584 A0726 SCHNELL JOHN A & A0496 J
- Exclusions: All equipment, furniture, decor and Dog Kennels
- Property ID: R000058171
Listed by Keller Williams Brazos West, Sam Byrd
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Listing agent
— 15350 Margarita Ct —
Sam Byrd
Keller Williams Brazos West
254-592-6877
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 15350 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 15350 Margarita Ct
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