Turnkey 392-acre CM Ranch delivers the full Texas ranch package: a commanding 2-story rock home, standout water, and proven horse/cattle infrastructure in a clean, workable layout. The 2002 home is ~6,000 SF (per owner) with 5 bed, 5.5 bath, oversized mudroom/laundry, rock fireplace, big-view windows, plus upstairs game room, media room, and balcony; supported by 3 newer AC units. Ranch improvements include an 8-stall horse barn with water, hay loft, and an on-site foreman’s suite (full kitchen + bath), equipment barn, and multiple water taps. Water is a highlight with 5 tanks total, including a large lake (~8–10 acres at capacity; up to ~20’ deep when full). Divided into 8 pastures with ~75 acres in wheat/canola/Sudan for hay; currently runs ~25 head. Strong wildlife habitat (deer, turkey, quail; not hunted ~15 years). Utilities: county water, Coleman County Electric, propane, Starlink + county service wired.
For sale
$3,950,000
2387 Fm 503, Coleman, TX 76834
5beds
6,000sqft
Farm
Built in 2002
392 Acres Lot
$3,528,900 Zestimate®
$658/sqft
$-- HOA
What's special
Equipment barnRock fireplaceHay loftBig-view windowsMedia roomUpstairs game room
- 191 days
- 273
- 13
Zillow last checked:
Listing updated:
Listed by:
Colton Harbert TREC #0667827 806-335-5867,
Capitol Ranch Real Estate
Source: HAR,MLS#: 71859552
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Electric, Heat Pump
Cooling
- Ceiling Fan(s), Electric, Heat Pump
Appliances
- Included: ENERGY STAR Qualified Appliances, Disposal, Dryer, Washer, Double Oven, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Atrium, Balcony, Crown Molding, Formal Entry/Foyer, High Ceilings, Vaulted Ceiling, Wet Bar
- Flooring: Concrete, Laminate
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway Gate, Attached, Detached, Oversized, Additional Parking, Garage Door Opener, Workshop in Garage, Detached Carport
- Attached garage spaces: 3
- Has carport: Yes
Features
- Spa features: Private, Spa/Hot Tub
- Fencing: Fenced
- Has view: Yes
- View description: Lake, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake
Lot
- Size: 392 Acres
- Features: Pasture, Cleared, Wooded, 50 or more Acres
- Topography: Rolling
Details
- Additional structures: Barn(s), Stable(s), Shed(s)
- Additional parcels included: R500435,R14729
- Parcel number: R15093
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Farm
Materials
- Stone
- Foundation: Slab on Builders Pier
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Green energy
- Energy efficient items: Thermostat, HVAC
Community & HOA
Location
- Region: Coleman
Financial & listing details
- Price per square foot: $658/sqft
- Tax assessed value: $852,000
- Annual tax amount: $10,164
- Date on market: 2/25/2026
- Road surface type: Other
Estimated market value
$3,528,900
$3.35M - $3.71M
$5,305/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Listed for sale | $3,950,000$658/sqft |
Source: REALSTACK #99647 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,333 +41.4% | $852,000 -32% |
| 2024 | $5,187 -11.8% | $1,252,350 +214.1% |
| 2023 | $5,884 -19.9% | $398,650 +13.2% |
| 2022 | $7,348 +0.1% | $352,290 +0.5% |
| 2021 | $7,344 | $350,450 |
| 2020 | -- | $350,450 |
| 2019 | -- | -- |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 76834
Nearby schools
Schools provided by the listing agent
- Elementary: Panther Creek School
- Middle: Panther Creek School
- High: Panther Creek School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
