The Pegasus Horse Farm is one of the most immaculate and beautiful equestrian farms in North Texas. This remarkable farm presents a rare opportunity to acquire a turnkey equestrian facility set on sandy loam soil – ideal for horses. The property has served as home to The Pegasus Project, a nonprofit organization dedicated to the rescue, rehabilitation, and rehoming of horses.
The ranch features multiple barns totaling 11 stalls, a 100’ x200’ covered arena, a 60’ covered round pen, a horse walker, and numerous paddocks with 14 run-in sheds. Additional improvements include equipment and storage barns, fertile hay meadows and wooded pastures, ponds, Electrobraid fencing, and even a 2,400’ grass airstrip with a 60’ x 48’ metal hangar.
Water source is a high-producing private well near the arena, supplying the entire property. There are two ponds-one within the owner’s compound, which is fed by a spring, another in the northeast corner of the property.
For sale
Price cut: $200K (5/8)
$2,295,000
7111 Fm 2339, Murchison, TX 75778
1beds
640sqft
Farm, Single Family Residence
Built in 2011
96.13 Acres Lot
$-- Zestimate®
$3,586/sqft
$-- HOA
What's special
Horse walkerTurnkey equestrian facilityTwo pondsEquipment and storage barnsSandy loam soilElectrobraid fencing
- 250 days |
- 97 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
David Burgher 0316273 214-350-0400,
Briggs Freeman Sotheby's Int'l 214-350-0400,
Harlan Ray 0595299 214-908-7770,
Briggs Freeman Sotheby's Int'l
Source: NTREIS,MLS#: 21099592
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Refrigerator
Features
- Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Open Floorplan, Cable TV
- Windows: Window Coverings
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 640 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Workshop in Garage
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Covered
- Exterior features: Fire Pit
- Pool features: None
- Fencing: Cross Fenced,Electric
Lot
- Size: 96.13 Acres
- Features: Acreage, Pond on Lot, Rolling Slope
- Residential vegetation: Partially Wooded, Natural State
Details
- Additional structures: Airplane Hangar, Covered Arena, Guest House, Second Residence, Residence, Workshop, Barn(s), Stable(s)
- Parcel number: R000033442
- Horses can be raised: Yes
- Horse amenities: Arena, Barn, Hay Storage, Indoor Arena, Round Pen, Stable(s), Tack Room
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,Detached,Farmhouse
- Property subtype: Farm, Single Family Residence
Materials
- Wood Siding
Condition
- Year built: 2011
Utilities & green energy
- Water: Well
- Utilities for property: Electricity Connected, Water Available, Cable Available
Community & HOA
Community
- Security: Security Lights
- Subdivision: J Graff
HOA
- Has HOA: No
Location
- Region: Murchison
Financial & listing details
- Price per square foot: $3,586/sqft
- Annual tax amount: $17
- Date on market: 10/30/2025
- Cumulative days on market: 251 days
- Listing terms: Cash,Conventional,1031 Exchange
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Price change | $2,295,000-8%$3,586/sqft |
Source: NTREIS #21099592 Report a problem | ||
| 10/30/2025 | Listed for sale | $2,495,000$3,898/sqft |
Source: NTREIS #21099592 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 75778
Nearby schools
GreatSchools rating
- 5/10Brownsboro Elementary SchoolGrades: PK-3Distance: 5.4 mi
- 7/10Brownsboro Junior High SchoolGrades: 7-8Distance: 6.8 mi
- 4/10Brownsboro High SchoolGrades: 9-12Distance: 6.4 mi
Schools provided by the listing agent
- Elementary: Brownsboro
- High: Brownsboro
- District: Brownsboro ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Van Zandt County
- Murchison
- 75778
- 7111 Fm 2339
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Nearby zip codes
Other Murchison Topics
