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Lot/land
  • $4,200,000

    11874 Fm 157, Maypearl, TX 76064

    --beds
    --baths
    135.87Acres
    Unimproved Land
    Built in 2012
    135.87 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Multiple water featuresBlend of open pastureMature treesCross-fencing for livestockOn-site water well
    Generational Living with privacy and convenience at your fingertips! Rare opportunity to own 135 acres in the heart of Ellis County—a multi-use ranch with outstanding development, agricultural, and multi-residential potential. Keefer Ranch has been in the same family for generations and offers a blend of open pasture, mature trees, and multiple water features, all just minutes from Maypearl and within 45 minutes of Dallas–Fort Worth. The property includes three separate residences (1, 680 sqft built 2012, 3, 140 sqft built 1997, and 1, 500 sqft built 2015), each with covered porches and private views. Ideal for multi-family living, ranch staff, or rental income. Additional improvements include a 72x40 barn with 6 stalls, tack room, and wash rack, plus an 8, 000+ sqft workshop with electricity and water—perfect for equipment, storage, or commercial use. Land features include three ponds (two stocked), cross-fencing for livestock, an on-site water well, and 1, 100 ft of road frontage along FM 157. The rear pond spans over an acre and reaches depths of 25+ feet. Mountain Peak SUD provides water service. With quick access to I-35, I-20, and DFW Airport, this location offers true rural privacy without sacrificing convenience. Whether you're seeking a working ranch, long-term investment, or a prime development opportunity, Keefer Ranch delivers unmatched versatility and potential.
    224 days
    160
    8

    Zillow last checked:

    Listed by:

    Corbin Carpenter,

    NextHome Property Advisors

    Source: NextHome,MLS#: 21139580MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No
      Video & virtual tour

      Property

      Lot
      • Size: 135.87 Acres
      Details
      • Parcel number: 99038600008801115

      Community & HOA

      Location
      • Region: Maypearl

      Financial & listing details

      • Tax assessed value: $2,089,452
      • Annual tax amount: $5,492
      • Date on market: 1/22/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,802/mo

        Price history

        DateEventPrice
        1/22/2026Listed for sale$4,200,000-11.6%
        Source: NTREIS #21139580 Report a problem
        10/12/2025Listing removed$4,750,000
        Source: NTREIS #20584458 Report a problem
        4/11/2024Listed for sale$4,750,000-0.1%
        Source: NTREIS #20584458 Report a problem
        2/29/2024Listing removed--
        Source: NTREIS #20078565 Report a problem
        6/15/2022Price change$4,755,450+9.4%
        Source: NTREIS #20078565 Report a problem
        6/7/2022Listed for sale$4,347,840
        Source: NTREIS #20078565 Report a problem
        6/6/2022Listing removed$4,347,840
        Source: NTREIS #14741013 Report a problem
        1/17/2022Listed for sale$4,347,840
        Source: NTREIS #14741013 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,492 -16%$798,244 +6.4%
        2024$6,542 +0.6%$750,471 +8.3%
        2023$6,504 -14.5%$692,897 +15.9%
        2022$7,603 $597,658 -46.9%
        2021-- $1,125,706 +5.3%
        2020-- $1,068,860 +33.3%
        2019$5,983 -1.4%$801,550 +9.3%
        2018$6,068 $733,610 +3.5%
        2017$6,068 +3.2%$708,850 -0.4%
        2016$5,878 +43.2%$711,560 +22%
        2015$4,106 $583,040 -0.2%
        2014$4,106 $584,120 +14%
        2013-- $512,220 +277.4%
        2012-- $135,720 -72.3%
        2011-- $489,400 +289.4%
        2009-- $125,670
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 76064

        Getting around

        0 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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