$4,750,000
135.87± Acres
Active
Ellis County, TX

11874 Fm 157, Maypearl, Texas

MLS ID: 20584458
Status: Active
Price: $4,750,000
Acres: 135.87±
Type: Farm, Residential, Land
Address: 11874 Fm 157
City, State: Maypearl, TX
County: Ellis County
ZIP Code: 76064
Parcel Number: 255433
Bedrooms: 4
Bathrooms: 4
SqFt: 6,320
Year Built: 1999

Description

Situated on 135.87 acres in Maypearl's prime development area along FM 157, which serves as the main arterial road connecting Maypearl to Arlington, this exceptional property presents an ideal opportunity for a lucrative investment, family compound, or housing development. Boasting three spacious residences that collectively span over 6000 square feet, this property offers ample living space and versatility. With over 1100 feet of road frontage, the property provides excellent accessibility. The outdoor amenities are equally impressive, featuring three large tanks, cross-fencing perfect for livestock, and a well-equipped barn complete with multiple stalls, a tack room, and a convenient wash rack. Additionally, a sizable workshop with electricity and water connections adds further utility and convenience to this already remarkable estate. Whether you're looking for a profitable investment or a peaceful retreat, this property offers endless possibilities in a highly desirable location.

Directions: Heading southwest on FM 66 (going to Maypearl from Waxahachie) turn right on Farm-to-Market 157. Drive 2 miles on Farm-to-Market 157 and the property will be on the right. From U.S. 67, turn on Farm-to-Market 157 and drive 8.5 miles, destination will be on the left.

Additional Information

Interior

Appliances: Convection Oven, Dryer, Dishwasher, Electric Oven, Microwave, Refrigerator, Washer
Bathrooms Full: 4
Cooling (Yes/no): Yes
Cooling: Central Air, Electric
Fireplace Features: Living Room, Wood Burning
Fireplace (Yes/no): Yes
Fireplaces Total: 1
Flooring: Tile, Wood
Heating (Yes/no): Yes
Heating: Central, Electric
Interior Features: Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable Tv, Walk In Closets

Exterior

Architectural Style: Ranch, Detached, Farmhouse
Covered Spaces: 2
Exterior Features: Dock, Lighting, Rv Hookup, Storage
Fencing: Barbed Wire, Cross Fenced, Fenced, Full, Gate, Perimeter, Pipe
Foundation Details: Slab
Horse: Yes
Lot Features: Acreage, Agricultural, Pasture, Pond On Lot
Lot Size Area: 136
Lot Size Source: Public Records
Lot Size Square Feet: 5,918,497
Other Equipment: Call Listing Agent, Compressor, Negotiable, Satellite Dish
Other Structures: Guest House, Second Residence, Residence, Storage, Workshop, Barns, Stables
Parking Features: Attached Carport
Pasture Area: 116
Patio and Porch Features: Covered
Property Attached: Yes
Road Frontage Type: Farm To Market Road
Road Surface Type: Asphalt
Roof: Metal
Stories: 1
Water Source: Community Coop, Well

Financial/HOA/Schools

Elementary School: Maypearl
Elementary School District: Maypearl ISD
Middle School District: Maypearl ISD
High School: Maypearl
High School District: Maypearl ISD
Subdivision Name: J A Gaona
Tax Annual Amount: 9364
Everette Newland

Everette Newland

Denton, Texas

(940) 390-3410

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Listed By: Joshua Calhoun of Keller Williams Realty