# 11874 Fm 157, Maypearl, TX 76064 > **TL;DR:** land, $4,900,000, built 2012. Est. $26,206/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $4,900,000 | | Year Built | 2012 | | Lot Size | 5,918,497 sqft (135.87 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $24,777 | | Estimated Insurance | $1,429 | | **Total** | **$26,206** | ## Property Highlights - Built in 2012 - 135.87 acre lot ## Description ### Agent Description 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+ sqft 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. ## Location - **Address:** 11874 Fm 157, Maypearl, TX 76064 - **Coordinates:** 32.33795929, -97.021698 - **Google Maps:** https://www.google.com/maps?q=32.33795929,-97.021698 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21398527 ## Listing Agent - **Name:** Corbin Carpenter - **Brokerage:** NextHome, Inc - **Broker Phone:** 9722468297 ## Photos ![11874 Fm 157 - Photo 1](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f2408366650r.jpg) ![11874 Fm 157 - Photo 2](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f2310783981r.jpg) ![11874 Fm 157 - Photo 3](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f2527098755r.jpg) ![11874 Fm 157 - Photo 4](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f2535344233r.jpg) ![11874 Fm 157 - Photo 5](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f4142117208r.jpg) ![11874 Fm 157 - Photo 6](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f3310123307r.jpg) ![11874 Fm 157 - Photo 7](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f401214780r.jpg) ![11874 Fm 157 - Photo 8](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f2021898735r.jpg) ![11874 Fm 157 - Photo 9](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f458801795r.jpg) ![11874 Fm 157 - Photo 10](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f438057538r.jpg) ![11874 Fm 157 - Photo 11](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f1155071658r.jpg) ![11874 Fm 157 - Photo 12](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f2117578981r.jpg) ![11874 Fm 157 - Photo 13](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f3298968521r.jpg) ![11874 Fm 157 - Photo 14](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f107912604r.jpg) ![11874 Fm 157 - Photo 15](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f1309055862r.jpg) ![11874 Fm 157 - Photo 16](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f2097436300r.jpg) ![11874 Fm 157 - Photo 17](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f270938392r.jpg) ![11874 Fm 157 - Photo 18](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f1404106757r.jpg) ![11874 Fm 157 - Photo 19](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f351341125r.jpg) ![11874 Fm 157 - Photo 20](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f2396681075r.jpg) ![11874 Fm 157 - Photo 21](http://lh.rdcpix.com/9e6b804cb124f52104f6349d3dd76d3bl-f4023396656r.jpg) --- **MLS#:** 21398527 | **Updated:** 2026-10-26 **Source:** listhub *Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/11874-fm-157-maypearl-tx-76064-c54c59ede1804b50bb0dc0554e2d8be9) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/11874-fm-157-maypearl-tx-76064-c54c59ede1804b50bb0dc0554e2d8be9#listing", "url": "https://www.propertysimple.ai/listing/11874-fm-157-maypearl-tx-76064-c54c59ede1804b50bb0dc0554e2d8be9", "name": "11874 Fm 157, Maypearl, TX 76064", "description": "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. 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