Exceptional Cutting Horse Facility on 51 Acres – Lipan, TX
A Horseman’s Dream in the Horse Capital of Texas!
This premier 51-acre cutting horse facility is a true gem located in Lipan, Texas. Tailored for the serious equestrian, this property seamlessly blends luxury living with world-class horse amenities.
Main Residence:
Gorgeous 3-bedroom, 3-bath farmhouse with office or optional guest bedroom.
Open-concept floor plan with vaulted ceilings and exposed wood beams.
Gourmet kitchen featuring a gas stove, marble countertops, and high-end finishes.
Luxury plank flooring throughout.
Fenced backyard, ideal for relaxing or entertaining.
Equestrian Facilities:
8-Stall Show Barn: Includes a tack room, bathroom, and wash rack, with stalls thoughtfully designed using durable pipe and creosote boards.
Covered Working Arena: Attached to the show barn for ultimate convenience.
23-Stall Colt Barn: Newly built and ready to meet all your training needs.
Two Spacious Apartments: Located behind the show barn, each unit features:
Open living, dining, and full kitchen areas.
A separate bedroom and full bathroom.
Front and back access for privacy and flexibility.
Additional Features:
Round pen.
Horse walker.
Multiple turnout pastures for exercise and grazing.
The Ideal Location:
Lipan is the heart of the Horse Capital of Texas, offering a thriving equestrian community and top-tier infrastructure for horse training and competitions. Located just 30 min to Stephenville, 30 min to Weatherford and 1 hour to Fort Worth.
This property is not just a horse facility; it’s a lifestyle. From the thoughtfully designed barns and arenas to the luxurious farmhouse and apartments, every detail has been crafted with the horseman in mind.
Schedule a tour today to see this one-of-a-kind property for yourself!
Sold
Price Unknown
15205 Morgan Mill Hwy, Lipan, TX 76462
4beds
2,278sqft
Farm, Single Family Residence
Built in 2021
51.64 Acres Lot
$-- Zestimate®
$--/sqft
$3,063 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,063/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Lindsy Baize 254-978-2596,
Texas Luxury and Land 254-978-2596
Bought with:
Jenna Rakosky
The Platinum Group RE, LLC
Source: NTREIS,MLS#: 20790655
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Electric, Fireplace(s), Propane
Cooling
- Central Air, Electric
Appliances
- Included: Some Gas Appliances, Built-In Gas Range, Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Plumbed For Gas, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer
- Laundry: Electric Dryer Hookup, Laundry in Utility Room, In Hall, Other
Features
- Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Natural Woodwork, Walk-In Closet(s)
- Flooring: Carpet, Engineered Hardwood
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room, Insert
Interior area
- Total interior livable area: 2,278 sqft
Property
Parking
- Total spaces: 7
- Parking features: Additional Parking, Aggregate, Electric Gate, Garage, Garage Door Opener, Guest
- Attached garage spaces: 2
- Covered spaces: 7
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: None
- Fencing: Barbed Wire,Back Yard,Cross Fenced,Full,Pipe
Lot
- Size: 51.64 Acres
- Features: Acreage
- Residential vegetation: Grassed
Details
- Additional structures: Arena, Barn(s), Bunkhouse, Covered Arena, Corral(s), Guest House, Second Residence, Residence
- Parcel number: R000045808
- Horse amenities: Arena
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Farmhouse
- Property subtype: Farm, Single Family Residence
- Attached to another structure: Yes
Materials
- Board & Batten Siding
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Year built: 2021
Utilities & green energy
- Sewer: Aerobic Septic, Private Sewer
- Water: Private
- Utilities for property: Electricity Available, Propane, Sewer Available, Septic Available, Water Available
Community & HOA
Community
- Subdivision: J A SCHNELL - ABST 535
HOA
- Has HOA: No
Location
- Region: Lipan
Financial & listing details
- Tax assessed value: $6,400
- Annual tax amount: $85
- Date on market: 12/4/2024
- Cumulative days on market: 69 days
- Listing terms: Cash,Conventional,1031 Exchange,See Agent
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2025 | Sold | -- |
Source: NTREIS #20790655 Report a problem | ||
| 2/11/2025 | Pending sale | $3,399,990$1,493/sqft |
Source:  WMLS #226990 Report a problem | ||
| 2/11/2025 | Contingent | $3,399,990$1,493/sqft |
Source: NTREIS #20790655 Report a problem | ||
| 12/4/2024 | Listed for sale | $3,399,990-2.9%$1,493/sqft |
Source: WMLS #226990 Report a problem | ||
| 9/20/2024 | Listing removed | $3,499,999-5%$1,536/sqft |
Source: NTREIS #20579833 Report a problem | ||
| 6/4/2024 | Price change | $3,685,000-0.4%$1,618/sqft |
Source: NTREIS #20579833 Report a problem | ||
| 4/23/2024 | Price change | $3,700,000-1.3%$1,624/sqft |
Source: NTREIS #20579833 Report a problem | ||
| 4/5/2024 | Listed for sale | $3,749,000$1,646/sqft |
Source: NTREIS #20579833 Report a problem | ||
| 3/22/2024 | Listing removed | -- |
Source: NTREIS #20444133 Report a problem | ||
| 3/14/2024 | Contingent | $3,749,000$1,646/sqft |
Source: NTREIS #20444133 Report a problem | ||
| 2/8/2024 | Listed for sale | $3,749,000-3.9%$1,646/sqft |
Source: NTREIS #20444133 Report a problem | ||
| 12/2/2023 | Listing removed | -- |
Source: NTREIS #20444133 Report a problem | ||
| 10/26/2023 | Price change | $3,900,000-7.1%$1,712/sqft |
Source: NTREIS #20444133 Report a problem | ||
| 10/1/2023 | Listed for sale | $4,200,000+31.5%$1,844/sqft |
Source: NTREIS #20444133 Report a problem | ||
| 10/17/2022 | Sold | -- |
Source: Ebby Halliday REC solds #20115404_76462 Report a problem | ||
| 9/23/2022 | Pending sale | $3,195,000$1,403/sqft |
Source: NTREIS #20115404 Report a problem | ||
| 8/17/2022 | Price change | $3,195,000-12.5%$1,403/sqft |
Source: NTREIS #20115404 Report a problem | ||
| 8/1/2022 | Price change | $3,650,000-7.6%$1,602/sqft |
Source: NTREIS #20115404 Report a problem | ||
| 7/17/2022 | Listed for sale | $3,950,000$1,734/sqft |
Source: NTREIS #20115404 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $85 -11.4% | $6,400 -8.6% |
| 2023 | $95 +23.8% | $7,000 +45.8% |
| 2022 | $77 +12.4% | $4,800 +20% |
| 2021 | $69 -93.5% | $4,000 -93.6% |
| 2020 | $1,048 -1% | $62,150 +5.4% |
| 2019 | $1,059 +42.5% | $58,960 +55.9% |
| 2018 | $743 | $37,830 -3% |
| 2017 | $743 +0.8% | $39,010 +1.9% |
| 2016 | $738 +11.9% | $38,270 +2.3% |
| 2015 | $659 | $37,410 +1.5% |
| 2014 | $659 | $36,850 -2.3% |
| 2013 | -- | $37,700 +28.7% |
| 2012 | -- | $29,300 +24.9% |
| 2011 | -- | $23,450 +15.5% |
| 2010 | -- | $20,300 |
| 2009 | -- | $20,300 +44.5% |
| 2008 | -- | $14,050 +0.9% |
| 2007 | -- | $13,930 +5.4% |
| 2006 | -- | $13,220 +0.2% |
| 2005 | -- | $13,200 -16.1% |
| 2004 | -- | $15,740 |
Find assessor info on the county website
Neighborhood: 76462
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Nearby schools
GreatSchools rating
- 6/10Lipan Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 7/10Lipan High SchoolGrades: 6-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Lipan
- Middle: Lipan
- High: Lipan
- District: Lipan ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Hood County
- Lipan
- 76462
- 15205 Morgan Mill Hwy
Nearby cities
Nearby zip codes
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