$4,750,000

135.87± Acres

Active

Ellis County, TX

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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

Lat/Long: 32.31117, -97.010453

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

Extra Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20584458

Maps

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Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of October 31, 2024 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: October 31, 2024 at 12:00:00 AM UTC

Listed By: Joshua Calhoun of Keller Williams Realty