15313 Margarita Court, Lipan, TX 76462
Local realty services provided by:CENTURY 21 Elite
Listed by: tyler thomas, joseph romero
Office: briggs freeman sotheby's int'l
MLS#:21397884
Source:GDAR
Price summary
- Price:$3,390,000
- Price per sq. ft.:$555.19
About this home
Set in the countryside of southern Hood County near Lipan, this exceptional 69 ± acre ranch combines
luxury living, equestrian potential, and functional ranch improvements in a highly accessible North Texas
setting. Fully cross-fenced with productive pasture, five ponds, four water wells, and quality
infrastructure, the property is well suited for horses, cattle, or a private country retreat. At the center of the
ranch is a beautifully crafted 6,106 ± square foot modern farmhouse, complemented by a second ranch
home and ample room for future equestrian expansion.
LOCATION
Located approximately 4 miles from Lipan, the ranch offers privacy and seclusion while remaining
convenient to Granbury, Stephenville, Weatherford, and the Fort Worth metroplex.
Approximate driving distances:
● 4 miles to Lipan
● 25 miles to Granbury
● 25 miles to Stephenville
● 36 miles to Weatherford
● 65 miles to Fort Worth
● Less than 100 miles to Dallas
IMPROVEMENTS
Completed in 2021, the 6,106 ± square foot modern farmhouse features five bedrooms, five full
bathrooms, two half baths, and expansive living and entertaining spaces.
The chef's kitchen includes a large island, butler's pantry, walk-in pantry, and wet bar. Vaulted ceilings,
custom built-ins, a dedicated office, integrated Control4 smart-home technology, and two gas fireplaces
further enhance the residence.
Outdoor living centers around a heated pool and spa, outdoor kitchen, covered patios, outdoor shower,
attached grill, and sweeping views across the ranch.
A 1,300 ± square foot second home built in 1995 features three bedrooms, one bathroom, and a screened
porch, making it ideal for guests, a ranch manager, or potential rental income.
Additional improvements include a barn with attached pens, storage buildings, whole-home Generac
generator, electric gated entrance, security system with cameras, and attached four-car garage.
WATER
Five ponds are distributed throughout the ranch, providing reliable livestock water while adding to the
property's recreational appeal and scenery. Four water wells serve the residences and ranch operations.
EQUESTRIAN & RANCH
The ranch is fully cross-fenced into multiple productive pastures with a barn and attached pens already in
place. Currently running cattle, the property includes functional cattle infrastructure that will convey with
the sale.
The layout provides ample room for a covered arena, round pen, expanded barn, or custom training
facilities, offering the flexibility to accommodate performance horses, recreational riding, cattle
operations, or a combination of uses.
LAND
The 69 ± acres feature gently rolling terrain, productive pasture, quality cross fencing, and multiple water
features. The highly usable layout provides room for livestock, horses, and future improvements while
maintaining the privacy and character of a luxury country estate.
CONCLUSION
With a luxury modern farmhouse, second residence, abundant water, productive land, and versatile ranch
infrastructure, this Lipan property offers an exceptional opportunity for those seeking a premier horse
property, working ranch, family retreat, or long-term legacy investment within easy reach of Fort Worth....
Contact an agent
Home facts
- Year built:2021
- Subdivision & Development:Old Wd Ranch Ph I Sec D
- Listing ID #:21397884
- Added:1 day(s) ago
- Updated:September 29, 2026 at 03:58 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:7
- Full bathrooms:5
- Half bathrooms:2
- Flooring:Carpet, Concrete, Cork
- Kitchen Description:Built In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Water Softener, Wine Cooler
- Living area:6,106 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:2021
- Building area:6,106 sq. ft.
- Lot area:69 Acres
- Lot Features:Acreage
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Lipan
- Middle school:Lipan
- Elementary school:Lipan
Utilities
- Water:Well
Finances and disclosures
- Price:$3,390,000
- Price per sq. ft.:$555.19
- Tax amount:$11,288
Features and amenities
- Appliances:Built In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Tankless Water Heater, Water Softener, Wine Cooler
- Amenities:Fire Alarm, Prewired, Security System
- Smart home:Yes
Parking
- Garage:Yes
- Garage spaces:4
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