Date
Details
Price
Change
Source
10/30/2025
Listed
$2,495,000
—
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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$2,495,000
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Property Description
The Pegasus Horse Farm is one of the most immaculate and beautiful equestrian farms in North Texas. This remarkable farm presents a rare opportunity to acquire a turnkey equestrian facility set on sandy loam soil - ideal for horses. The property has served as home to The Pegasus Project, a nonprofit organization dedicated to the rescue, rehabilitation, and rehoming of horses. The ranch features multiple barns totaling 11 stalls, a 100' x200' covered arena, a 60' covered round pen, a horse walker, and numerous paddocks with 14 run-in sheds. Additional improvements include equipment and storage barns, fertile hay meadows and wooded pastures, ponds, Electrobraid fencing, and even a 2,400' grass airstrip with a 60' x 48' metal hangar. Water source is a high-producing private well near the arena, supplying the entire property. There are two ponds-one within the owner's compound, which is fed by a spring, another in the northeast corner of the property.
Full Property Details
Full Property Details for 7111 Fm 2339
General
- Price: $2,495,000
- Taxes: $17
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21099592
- Updated: 10/30/2025
- Added to Site: 77 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Open Floorplan, Cable TV
- Appliances: Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Security/Safety: Security Lights
Exterior
- Exterior Features: Fire Pit
- Porch/Patio/Deck: Front Porch, Covered
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Additional Parking, Workshop in Garage
Location
- County: Van Zandt
- Subdivision: J Graff
- Driving Directions: Use GPS.
School Information
- Elem School District: Brownsboro ISD
- Midd School District: Brownsboro ISD
- High School District: Brownsboro ISD
- Elementary School: Brownsboro
- High School: Brownsboro
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric
- Heating Type: Electric
Utilities
- Water: Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Electricity Connected, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Other, Detached, Farmhouse
- Structure Type: House
- Detached/Attached: Detached
- Construction: Wood Siding
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 640 Sq. Ft.
- Current Bldg. Use: Agricultural, Grazing, Horses, Pasture, Recreational
- Year Built: 2011
Additional Structures
- Other Structures: Airplane Hangar, Covered Arena, Guest House, Second Residence, Residence, Workshop, Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 96.127
- Lot Size (Sq. Ft.): 4,187,292.12
- Frontage: County Road, City Street, Farm to Market Road, All Weather Road
- Lot Features: Acreage, Pond on Lot, Rolling Slope
- Potential Use: Agricultural, Cattle, Grazing, Horses, Hunting, Pasture, Ranch, Residential, Recreational, Single Family
- Trees/Vegetation: Partially Wooded, Natural State
- Fencing (Description): Cross Fenced, Electric
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Arena, Barn, Hay Storage, Indoor Arena, Round Pen, Stable(s), Tack Room
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $17
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial
- Property ID: R000033442
Listed by Briggs Freeman Sotheby's Int'l, David Burgher and Briggs Freeman Sotheby's Int'l, Harlan Ray
We Value Your Privacy
We Value Your Privacy
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Listing agents
— 7111 Fm 2339 —
David Burgher
Briggs Freeman Sotheby's Int'l
Harlan Ray
Briggs Freeman Sotheby's Int'l
214-350-0400
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 7111 Fm 2339
Tax History
Tax History for 7111 Fm 2339
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17
—
$60,720
15%
2024
$17
-11%
$52,800
-6%
2023
$19
6%
$56,450
1%
2022
$18
6%
$55,620
43%
2021
$17
13%
$38,900
100%
2020
$15
-12%
100%
2019
$17
13%
100%
2018
$15
—
100%
2017
$15
—
100%
2016
$15
—
100%
2015
$15
—
—
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 7111 Fm 2339
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7111 Fm 2339, Murchison, TX 75778 (MLS# 21099592) is a Single Family property with 1 bedroom and 1 full bathroom. 7111 Fm 2339 is currently listed for $2,495,000 and was received on October 30, 2025. Want to learn more about 7111 Fm 2339? Do you have questions about finding other Single Family real estate for sale in Murchison? You can browse all Murchison real estate or contact a Coldwell Banker agent to request more information.