Listing provided courtesy of NextHome Property AdvisorsMLS# 21139580MLS ProviderContact Information: Corbin Carpenter
  • 158 days on site
  • 2 views

Generational Living with privacy and convenience at your fingertips! Rare opportunity to own 135 acres in the heart of Ellis County—a multi-use ranch with outstanding development, agricultural, and multi-residential potential. Keefer Ranch has been in the same family for generations and offers a blend of open pasture, mature trees, and multiple water features, all just minutes from Maypearl and within 45 minutes of Dallas–Fort Worth. The property includes three separate residences (1,680 sqft built 2012, 3,140 sqft built 1997, and 1,500 sqft built 2015), each with covered porches and private views. Ideal for multi-family living, ranch staff, or rental income. Additional improvements include a 72x40 barn with 6 stalls, tack room, and wash rack, plus an 8,000+ sqft workshop with electricity and water—perfect for equipment, storage, or commercial use. Land features include three ponds (two stocked), cross-fencing for livestock, an on-site water well, and 1,100 ft of road frontage along FM 157. 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, this location offers true rural privacy without sacrificing convenience. Whether you’re seeking a working ranch, long-term investment, or a prime development opportunity, Keefer Ranch delivers unmatched versatility and potential.

Source: North Texas MLS, MLS#: 21139580

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  • Property Type
    Land
  • Lot
    135.87 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 11874 Fm 157


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
1/22/2026Source: North Texas MLS Added to Database
January 22, 2026