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Russell Cox
Relocation Director
REALTOR®
Cell: (254) 717-6447
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15313 Margarita Court, Lipan, TX 76462

$2,999,999
  • 15313 Margarita Court, Lipan, TX 76462 Main Photo

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Active
BEDS5 BATHS5 full 2 partial SQUARE FEET6,106 MLS#21397884
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONOld Wd Ranch Ph I Sec D SCHOOLLipan ISD

Property Description

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.

15313 Margarita Court | MLS# 21397884

This home located at 15313 Margarita Court, Lipan, TX 76462 is currently listed for sale with an asking price of $2,999,999. This property was built in 2021 and has 5 bedrooms and 5 full and 2 partial baths with 6106 sq. ft. Margarita Court is located in the Old Wd Ranch Ph I Sec D subdivision within the Lipan ISD school district. Search Old Wd Ranch Ph I Sec D real estate on www.254properties.com today.

Property Features

Property Type: Residential -
Cooling: Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qu
Fireplaces: 2
Garage: 4 car attached
Heating: Central, Electric
Home Style: Modern Farmhouse
Lot Size: 69.00 Acres
Roof Type: Composition
Year Built: 2021

Amenities

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
Attached Grill
Covered Patio/Porch
Gas Grill
Outdoor Kitchen
Outdoor Shower
Storm Cellar

Feature Descriptions

Appliances: Built-in Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Tankless Water Heater, Water Softener
Days on Site: 22
Exclusions: Window dressings in primary bedroom and downstairs secondary bedroom
Exterior: Board & Batten Siding
Fencing: Cross Fenced, Fenced, Metal, Pipe
Fireplace: Gas, Living Room, Outside, Wood Burning
Flooring: Carpet, Concrete, Cork
Lot: Acreage
Parcel#: R000107599
Parking: Concrete, Driveway, Electric Gate, Garage, Garage Door Opener, Garage Faces Side, Inside Entrance, Kitchen Level, Storage
Parking Notes: Concrete, Driveway, Electric Gate, Garage, Garage Door
Pool: In Ground, Outdoor Pool
Swimming Pool: Yes
Utilities: Aerobic Septic, Septic, Well

Local Schools

Elementary School: Lipan
School District: Lipan ISD

Listed By / Shown By

Listed By

Agency Name: Briggs Freeman Sotheby's Int'l
Agency Contact: 214-350-0400
Agent Name: Tyler Thomas

agent picture

Shown By

Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors

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Estimate Your Payment

Estimated Payment

$ 7,551.70 per month $6,676.70 Principal & Interest $0.00 Property Tax (data not provided by mls) $875.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/21/2026. The listing information on this page last changed on 10/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 10/21/2026 5:23:51 AM EST) or NTREIS (last updated Tue 10/20/2026 11:48:36 PM EST) or SABOR MLS (last updated Wed 10/21/2026 12:52:37 AM EST) or CTXMLS (last updated Tue 10/20/2026 11:34:21 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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