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11874 Fm 157

Maypearl, Texas 76064
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Acres135.87

Acres(Lot)

A rare 135-acre opportunity in Ellis County offering generational living, income potential, and prime development upside. Keefer Ranch blends open pasture, mature trees, and multiple water features—all just minutes from Maypearl and within 45 minutes of Dallas–Fort Worth. Recent property improvements have already expanded usability, including active land cleanup and mesquite removal that’s opening up even more pasture and buildable acreage. This multi-use ranch includes three separate residences—1,680 sqft (2012), 3,140 sqft (1997), and 1,500 sqft (2015)—each with covered porches, private views, and flexible use for multi-family living, ranch staff, short-term rentals, or long-term income. Ranch features include a 72×40 barn with 6 stalls, tack room, and wash rack, plus an 8,000+ sqf t workshop with electricity and water—ideal for equipment, storage, or commercial operations. The land offers three ponds (two stocked), cross-fencing for livestock, an on-site water well, and 1,100 ft of FM 157 frontage. The rear pond spans over an acre and reaches depths of 25+ feet. Mountain Peak SUD provides water service. With quick access to I-35, I-20, and DFW Airport, Keefer Ranch delivers true rural privacy without sacrificing convenience. Whether you’re seeking a working ranch, a multi-residential retreat, a long-term investment, or a prime development site, this property offers unmatched versatility and future potential—strengthened by ongoing improvements and newly opened acreage.

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Detail Ic Property Details

Property Type : Land

Price : $4,900,000

AD Id : 91566475

MLS Id : 575839080

Lot Size : 135.87 Acres(Lot)

County : Ellis

Subdivision: J A Gaona

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Feature Features

  • Utilities

    Rural Water District,Septic
  • Cooling Features

    Central Air

    Heating Source

    Central

  • Building Information

    Built Year: 2012
  • Exterior Features

    Covered Patio/Porch,Dock,Lighting,Private Entrance,RV Hookup,RV/Boat Parking,Stable/Barn,Storage,Other
  • Fencing

    Barbed Wire,Chain Link,Cross Fenced,Fenced,Front Yard,Full,Gate,Metal,Perimeter,Pipe,Other

  • Lot Information

    Lot Size (Acr): 135.8700 Lot Size Units: Acres Lot Size Square Feet: 5,918,497 Lot Features: Acreage,Agricultural,Cleared,Few Trees,Lrg. Backyard Grass,Pasture,Tank/ Pond
  • Property Information

    Property Type: Land Property Sub Type: Ranch Subdivision: J A Gaona City: Maypearl State: Texas Directions: Hwy 287 South to Venus, East on Hwy 157, 13 miles on left, sign says Keefer Ranch Property Status: Active Property Age: 14

  • Listing Price Information

    Original List Price: $4,900,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 255433 Tax Legal Description: 386 J A GAONA 135.87 ACRES Unexempt Taxes: $10,491

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Maypearl High School: Maypearl Junior High School: Maypearl School District: Maypearl ISD
  • Utility Information

    Utilities: Rural Water District,Septic
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
109 Hillridge Lane, Maypearl, TX, 76064 $239,000 -- -- -- 2.84 Acres(Lot)
201 Main Street, Maypearl, TX, 76064 $150,000 -- -- -- 0.13 Acre(Lot)
12830 Fm-157, Maypearl, TX, 76064 $619,950 -- -- -- 10 Acres(Lot)
00 Red Tail Road, Maypearl, TX, 76064 $20,000 -- -- -- 2.21 Acres(Lot)
430 Jackson Road, Maypearl, TX, 76064 $749,000 -- -- -- 33.80 Acres(Lot)
9861 Fm-66, Maypearl, TX, 76064 $975,000 3 4 2,461 12.00 Acres(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 10/02/2026 @ 23:37

MLS: 575839080 LISTED BY: Corbin Carpenter, NextHome Property Advisors 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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