11874 Fm 157

About this home

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.

Schools

Elementary

Maypearl

Middle

Maypearl

High

Maypearl

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #

21398527

Property Type

Land

Status

For Sale

County

Ellis

Subdivision

J A Gaona

Lot Size

135.87 acres

HOA Dues

None

Annual Taxes

$10,491

Days on Market

New (0 days)

Listed

Sep 29, 2026

Price per Sqft

Not listed