For sale

$3,950,000

2387 Fm 503, Coleman, TX 76834

5beds

6,000sqft

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Farm

Built in 2002

392 Acres Lot

$3,543,200 Zestimate^®

$658/sqft

$-- HOA

What's special

Equipment barnRock fireplaceHay loftBig-view windowsMedia roomUpstairs game room

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.

134 days

169

1

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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

$3,543,200

$3.37M - $3.72M

$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

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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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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