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  • $4.9M Price
  • 135.87 Acres
  • 2012 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $4.9M Price
  • 135.87 Acres
  • 2012 Year Built
  • Study
  • Game Room
  • Media
  • Pool

11874 Fm 157
Maypearl, Texas 76064-2124

County: Ellis J A Gaona

A rare 135-acre opportunity in Ellis County offering generational living, income potential, and prime development upside. Keefer Ranch blends open pasture, mature trees, and multiple water features—all just minutes from Maypearl and within 45 minutes of Dallas–Fort Worth. Recent property improvements have already expanded usability, including active land cleanup and mesquite removal that’s opening up even more pasture and buildable acreage. This multi-use ranch includes three separate residences—1,680 sqft (2012), 3,140 sqft (1997), and 1,500 sqft (2015)—each with covered porches, private views, and flexible use for multi-family living, ranch staff, short-term rentals, or long-term income. Ranch features include a 72×40 barn with 6 stalls, tack room, and wash rack, plus an 8,000+ sqft workshop with electricity and water—ideal for equipment, storage, or commercial operations. The land offers three ponds (two stocked), cross-fencing for livestock, an on-site water well, and 1,100 ft of FM 157 frontage. The rear pond spans over an acre and reaches depths of 25+ feet. Mountain Peak SUD provides water service. With quick access to I-35, I-20, and DFW Airport, Keefer Ranch delivers true rural privacy without sacrificing convenience. Whether you’re seeking a working ranch, a multi-residential retreat, a long-term investment, or a prime development site, this property offers unmatched versatility and future potential—strengthened by ongoing improvements and newly opened acreage.

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Essential Information

  • Price$4,900,000
  • MLS® #21398527
  • Acres135.87
  • Year Built2012
  • TypeLand
  • Sub-TypeRanch
  • StatusActive
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Quick Valuation Analysis from 2 Active Listings

Pricing Trends from 2 Active Listings in J A Gaona

This Home's Price $4,900,000 This Home's Price Per SqFt $
Average Price $2,759,975 Average Price Per SqFt $
Highest Price $4,900,000 Highest Price Per SqFt $
Lowest Price $619,950 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address11874 Fm 157
  • SubdivisionJ A Gaona
  • CityMaypearl
  • CountyEllis
  • StateTexas
  • Zip Code76064-2124
  • HOANone
  • UtilitiesRural Water District, Septic
  • Taxes10491

Amenities

  • WaterfrontDock – Uncovered

Exterior

  • Exterior FeaturesCovered Patio/Porch, Dock, Lighting, Private Entrance, RV Hookup, RV/Boat Parking, Stable/Barn, Storage, Other
  • FenceBarbed Wire, Chain Link, Cross Fenced, Fenced, Front Yard, Full, Gate, Metal, Perimeter, Pipe, Other
  • Lot DescriptionAcreage, Agricultural, Cleared, Few Trees, Lrg. Backyard Grass, Pasture, Tank/ Pond

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral

Additional Information

  • ZoningAgriculture

Private Listing Information (Registration Required)

Listing Details

  • AgentCorbin Carpenter
  • OfficeNexthome Property Advisors

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Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on November 9th, 2026 at 2:30am CST.