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Luxury horse property and working cattle ranch for sale near Lipan, Texas: 69+or- acres in southern Hood County with a 2021 modern farmhouse, a second home, five ponds, and four water wells, about an hour from Fort Worth. Gated and private, yet 25 miles to Granbury and Stephenville, 36 to Weatherford, 65 to Fort Worth, and under 100 to Dallas. The 6,106+or- sq ft main residence offers 5 bedrooms, 5 full and 2 half baths, vaulted ceilings, custom built-ins, a dedicated office, two gas fireplaces, and Control4 smart-home technology. The chef’s kitchen is built for entertaining with a large island, butler’s pantry, walk-in pantry, and wet bar. Step outside to a heated pool and spa, outdoor kitchen, covered patios, and an outdoor shower, all overlooking rolling pasture and water. A 1,300+or- sq ft second home (3 bed, 1 bath, screened porch) works as a guest house, ranch manager’s quarters, or rental income. Ranch-ready from day one: fully cross-fenced productive pastures, barn with attached pens, storage buildings, and cattle infrastructure that conveys with the sale. The open layout leaves room for a covered arena, round pen, expanded barn, or training facility for performance horses, pleasure riding, or cattle. Whole-home Generac generator, electric gated entrance, camera security system, and attached four-car garage. A rare North Texas equestrian estate for buyers seeking a turnkey country retreat, horse or cattle operation, or long-term land investment within reach of the DFW Metroplex.
Property Details
Price:
$2,999,999
MLS #:
21397884
Status:
Active
Beds:
5
Baths:
5.2
Type:
Single Family
Subtype:
Farm/Ranch
Subdivision:
Old Wd Ranch Ph I Sec D
Listed Date:
Sep 28, 2026
Finished Sq Ft:
6,106
Lot Size:
3,005,640 sqft / 69.00 acres (approx)
Year Built:
2021
PoolGarageOld Wd Ranch Ph I Sec DLipan IsdLipanLipanLipan
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Schools
School District:
Lipan ISD
Elementary School:
Lipan
Middle School:
Lipan
High School:
Lipan
Interior
Bathrooms Full
5
Bathrooms Half
2
Cooling
Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment
Fireplace Features
Gas, Living Room, Outside, Wood Burning
Fireplaces Total
2
Flooring
Carpet, Concrete, Cork
Heating
Central, Electric
Interior Features
Built-in Features, Built-in Wine Cooler, Cable TV Available, Chandelier, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Smart Home System, Vaulted Ceiling(s), Walk- In Closet(s), Wet Bar, Wired for Data, Second Primary Bedroom
Located in the Old Wd Ranch Ph I Sec D subdivision, 15313 Margarita Court Lipan TX is a Single Family for sale in Lipan, TX, 76462. It is listed for $2,999,999 and features 5 beds, 5 baths, and has approximately 6,106 square feet of living space, and was originally constructed in 2021. The current price per square foot is $491. The average price per square foot for Single Family listings in Lipan is $400. The average listing price for Single Family in Lipan is $902,941. To schedule a showing of MLS#21397884 at 15313 Margarita Court in Lipan, TX, contact your Spencer TX Real Estate, LLC agent at (817) 937-8532.
Courtesy of Briggs Freeman Sotheby’s Int’l. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Dallas / Fort Worth. Detailed information about real estate listings held by brokerage firms other than Spencer TX Real Estate, LLC include the name of the listing broker. Neither the listing company nor Spencer TX Real Estate, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Dallas / Fort Worth. All rights reserved.