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About This Home
This land at 11874 Fm 157 in Maypearl, TX is listed for $4,200,000 (135.87 acres).
Generational Living with privacy and convenience at your fingertips! Rare opportunity to own 135 acres in the heart of Ellis County—a multi-use ranch with outstanding development, agricultural, and multi-residential potential. Keefer Ranch has been in the same family for generations and offers a blend of open pasture, mature trees, and multiple water features, all just minutes from Maypearl and within 45 minutes of Dallas–Fort Worth.
The property includes three separate residences (1,680 sqft built 2012, 3,140 sqft built 1997, and 1,500 sqft built 2015), each with covered porches and private views. Ideal for multi-family living, ranch staff, or rental income. Additional improvements include a 72x40 barn with 6 stalls, tack room, and wash rack, plus an 8,000+ sqft workshop with electricity and water—perfect for equipment, storage, or commercial use.
Land features include three ponds (two stocked), cross-fencing for livestock, an on-site water well, and 1,100 ft of road frontage along FM 157. 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, this location offers true rural privacy without sacrificing convenience. Whether you’re seeking a working ranch, long-term investment, or a prime development opportunity, Keefer Ranch delivers unmatched versatility and potential.
Key Features
- Built in 2012
- 135.87 acre lot
Property Details
Location
11874 Fm 157
Maypearl, TX 76064
J A Gaona
Features & Amenities
Exterior Features
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom land at 11874 Fm 157 is listed at $4,200,000. The estimated monthly payment is $18,200 based on 20% down at 6.5% interest.
Key features include: Built in 2012, 135.87 acre lot. Exterior Features: Covered Patio/Porch, Dock, Lighting.
This property is listed by Corbin Carpenter and can be reached at 9722468297 or corbincrealestate@gmail.com.



