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Lot/land
  • Price increase: $1.1M (6/12)
    $4,950,000

    4509 Diamond D Rd, Lone Oak, TX 75453

    --beds
    --baths
    157.9Acres
    Unimproved Land
    Built in 1992
    157.9 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Breathtaking viewsMultiple pondsScenic pondsMature treesRolling pastures
    Diamond D Ranch is a rare opportunity to own a premier 157-acre equestrian estate and professional racehorse training facility in Lone Oak, TX. Designed for serious horse operations, this exceptional property combines extensive training infrastructure with the beauty of East Texas countryside, featuring scenic ponds, mature trees, rolling pastures, & breathtaking views. At the heart of the ranch is a 0.625 mile oval race track, 50 feet wide with fiberglass railings on both the inside and outside, engineered for drainage and raised 14 feet on the south end. Supporting the operation are 2 major training barns totaling over 26,000 SF offering 44 concrete 12 x 12 stalls, tack rooms, vet rooms, wash racks, offices, kitchens, feed & storage rooms, automatic waterers, horse walker areas, & efficiency apartments. The impressive 22,000 SF main barn features 36 concrete stalls, vet lab, therapy room, tack and feed rooms, wash racks, office suites, foreman’s quarters, efficiency apartment, horse walker, round pen, & additional support facilities. Numerous additional barns provide hay & grain storage, maintenance & equipment space, shop areas, vehicle wash facilities, paddock barns, mulch bins, & shaving storage. Housing accommodations include 3 on-site residences, an 8,000 SF dormitory with 10 apartments (8 - 1-bedroom and 2 - 2-bedroom units), plus additional efficiency living quarters throughout the ranch—ideal for trainers, employees, or guests. The property is enhanced by 10 paddocks with sheds, an observation clocking stand, multiple ponds, & over 10 miles of pipe fencing, along with chain-link fencing and numerous gates for efficient ranch management. While this legacy property may benefit from updates and maintenance, its extraordinary scale, infrastructure, and functionality present a truly unmatched opportunity for the racing professional, breeding operation, equestrian training center, or private ranch investor. A Texas horseman’s dream with unlimited potential.
    8 days
    |
    131
    |
    4
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Tonya Blake Buchanan 0594506,

    JPAR - Rockwall 972-836-9295

    Source: NTREIS,MLS#: 21299044

      Facts & features

      Interior

      Heating
      • Central, Propane
      Cooling
      • Central Air
      Video & virtual tour

      Property

      Features
      • Fencing: Cross Fenced,Gate,Pipe
      Lot
      • Size: 157.9 Acres
      • Features: Acreage, Cleared, Pasture
      Details
      • Additional structures: Guest House, Grain Storage, Gazebo, Other, Residence, Stable(s), Shed(s), See Remarks, Storage, Barn(s)
      • Parcel number: 28263
      • Zoning description: UNZONED
      • Horses can be raised: Yes
      • Horse amenities: Barn, Hay Storage, Loafing Shed, Stable(s), Tack Room

      Utilities & green energy

      • Sewer: Septic Tank
      • Utilities for property: Septic Available

      Community & HOA

      Community
      • Subdivision: No
      HOA
      • Has HOA: No
      Location
      • Region: Lone Oak

      Financial & listing details

      • Tax assessed value: $2,603,700
      • Annual tax amount: $31,153
      • Date on market: 6/12/2026
      • Listing terms: Cash,Conventional,Special Funding
      • Road surface type: Asphalt, Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,576/mo

        Price history

        DateEventPrice
        6/12/2026Price change$4,950,000+26.9%
        Source: NTREIS #21299044 Report a problem
        5/23/2022Price change$3,900,000+1460%
        Source: NTREIS #20053922 Report a problem
        2/5/2018Listed for sale$250,000
        Source: Tony Langdon Auction Properties #10457180 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$31,153 +5.8%$2,603,700 +3.3%
        2024$29,437 -13%$2,520,930 -8.9%
        2023$33,832 +0.5%$2,767,880 +17.2%
        2022$33,677 +20.1%$2,361,140 +27.1%
        2021$28,051 +10.3%$1,857,650 +10.2%
        2020$25,431 -25.6%$1,686,170 -2%
        2019$34,195 +6.1%$1,720,270 -10.3%
        2018$32,218 +12.6%$1,917,220 +37.6%
        2017$28,609 -14%$1,392,830 -13.1%
        2016$33,259 +16.8%$1,603,460 +18.5%
        2015$28,474 $1,352,700 +1.5%
        2014$28,474 $1,332,110 +9%
        2013-- $1,221,960 +0.2%
        2012-- $1,220,030 -11.1%
        2011-- $1,372,320 -0.5%
        2010-- $1,379,190 +8.6%
        2009-- $1,269,960 -19.3%
        2008-- $1,574,190 +0%
        2006-- $1,573,893 +11%
        2005-- $1,417,511 +8.2%
        2002-- $1,309,710 +0.1%
        2001-- $1,308,060

        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75453

        Getting around

        0 / 100
        Car-Dependent
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Loneoak
        • Middle: Loneoak
        • High: Loneoak
        • District: Lone Oak ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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