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$2,999,999
21 Days On Site

15313 Margarita Court
Lipan, TX 76462

For Sale|Farm|Active
5
Beds
7
Total Baths
5
Full Baths
2
Partial Baths
6,106
SqFt
$491
/SqFt
2021
Built
Subdivision:
Old Wd Ranch Ph I Sec D
County:
Hood
Call Now: 1-682-803-8311
Is this the listing for you? We can help make it yours.
1-682-803-8311
15313 Margarita Court15313 Margarita Court15313 Margarita Court15313 Margarita Court
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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.

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Listing Snapshot
Price 
$2,999,999
Days On Site 
21 Days
Bedrooms 
5
Inside Area (SqFt) 
6,106 sqft
Total Baths 
7
Full Baths 
5
Partial Baths 
2
Lot Size 
69 Acres
Year Built 
2021
MLS Number 
21397884
Status 
Active
Property Tax 
$11,288
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 weeks agoPrice changed to $2,999,999
3 weeks agoListing first seen on site
General Features
Acres 
69
Additional Property Use 
CattlePasture
Attached Garage 
Yes
Foundation 
Slab
Garage 
Yes
Garage Spaces 
4
Levels 
Two
Parking 
ConcreteDrivewayElectric GateGarageGarage Door OpenerGarage Faces SideInside EntranceKitchen LevelStorageAttached
Property Sub Type 
Farm
Security 
Fire AlarmPrewiredSecurity System
Sewer 
Septic Tank
Special Circumstances 
Standard
Style 
Modern Farmhouse
Utilities 
Cable Available
Water Source 
Well
Interior Features
Appliances 
RefrigeratorBuilt-In RefrigeratorDishwasherDisposalElectric OvenGas CooktopTankless Water HeaterWater SoftenerWine Cooler
Cooling 
Ceiling Fan(s)Central AirElectricENERGY STAR Qualified Equipment
Fireplace 
Yes
Fireplace Features 
GasLiving RoomOutsideWood Burning
Fireplaces 
2
Flooring 
CarpetConcreteCork
Heating 
CentralElectric
Interior 
Built-in FeaturesChandelierDouble VanityEat-in KitchenVaulted Ceiling(s)Walk-In Closet(s)Wet BarWired for DataSmart Home
Bedroom 
Dimensions - 14 x 15Level - SecondFeatures - Ceiling Fan(s), Walk-In Closet(s)
Breakfast Room 
Dimensions - 15 x 15Level - FirstFeatures - Eat-in Kitchen
Family Room 
Dimensions - 32 x 14Level - SecondFeatures - Ceiling Fan(s)
Game Room 
Dimensions - 9 x 13Level - First
Kitchen 
Dimensions - 15 x 15Level - FirstFeatures - Breakfast Bar, Eat-in Kitchen, Kitchen Island
Laundry 
Dimensions - 14 x 9Level - First
Living Room 
Dimensions - 23 x 19Level - First
Master Bathroom 
Dimensions - 12 x 17Level - FirstFeatures - Bidet
Master Bedroom 
Dimensions - 17 x 17Level - FirstFeatures - Walk-In Closet(s)
Office 
Dimensions - 14 x 16Level - First
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Exterior Features
Construction Details 
Board & Batten Siding
Exterior 
Gas GrillOutdoor KitchenOutdoor ShowerOutdoor Grill
Fencing 
Cross FencedFencedPipe
Other Structures 
Barn(s)Guest HouseShed(s)
Pool Features 
In GroundOutdoor Pool
Roof 
Composition
Community Features
School District 
Lipan ISD
Horse Property 
Barn
Financing Terms Available 
CashConventional
Horse Allowed 
Yes
Schools
School District
Lipan ISD
Elementary School
Lipan
Middle School
Lipan
High School
Lipan
Listing courtesy of Tyler Thomas of Briggs Freeman Sotheby's Int'l [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-10-20 05:12 AM CDT

Neighborhood & Commute
Source: Walkscore
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