Sue Milam Reed, Broker Associate
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17939 N Fm 1189, Lipan, TX 76462

$4,250,000
  • 17939 N Fm 1189, Lipan, TX 76462 Main Photo

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Active
BEDS3 BATHS2 full 1 partial SQUARE FEET2,654 MLS#20860895
STATUSActive PROPERTY TYPEResidential - SCHOOLLipan ISD

Property Description

Income producing Equestrian and Cattle Property in the heart of cowboy country with multiple residences, two large homes, one apartment, and a four bed four bath bunkhouse. Covered arena, 37 stalls, outdoor arena, and working cattle pens. Previous home to Kasen York Performance Horses. This premier equestrian property spanning 123± acres, just one hour west of Fort Worth. Perfectly blending residential comfort with professional grade equestrian and cattle facilities, this property offers an exceptional opportunity for horse enthusiasts or professional trainers. Residential features include two recently updated homes, ideal for hosting guests, accommodating staff, or enjoying your own private living quarters, new apartment with one bedroom 1.5 bath, bunkhouse with four private rooms and laundry. Equestrian facilities include two Barns with 37 total stalls, additional pens and traps, cattle lanes, outdoor 150 ft octagon arena, covered arena 120x250, new 8 horse walker covered, restroom, and washroom, perfect for hosting events or competitions. Additional features, equipment barn-hay and large shop for secure storage. RV hookups. Three ponds adding both natural beauty and functionality to the property. This property is more than a ranch—it’s a fully equipped equestrian paradise with endless potential. Whether you’re looking to host events, train professionally, or enjoy a private retreat, this property delivers the perfect balance of lifestyle and functionality. All ranch equipment negotiable; cab tractor, arena drag, skidsteer, two side by side atv's, and manure spreader.

17939 N Fm 1189 | MLS# 20860895

This home located at 17939 N Fm 1189, Lipan, TX 76462 is currently listed for sale with an asking price of $4,250,000. This property was built in 1978 and has 3 bedrooms and 2 full and 1 partial baths with 2654 sq. ft. N Fm 1189 is located within the Lipan ISD school district. Search Lipan real estate on suemilamreed.kellyrealtors.com today.

Property Features

Property Type: Residential -
Cooling: Electric
Fireplaces: 1
Garage: 2 car attached
Heating: Electric
Home Style: Ranch
Lot Size: 123.00 Acres
Roof Type: Metal
Year Built: 1978

Amenities

Eat-in Kitchen
Granite Counters
Kitchen Island
Open Floorplan
Pantry
RV Hookup
Stable/Barn
Storage

Feature Descriptions

Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Days on Site: 355
Exclusions: Minerals
Exterior: Brick, Rock/Stone, Siding
Fencing: Cross Fenced, Fenced, Perimeter
Fireplace: Gas, Gas Logs
Flooring: Carpet, Laminate
Laundry: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
Lot: Acreage, Cleared, Few Trees, Hilly, Oak, Pasture, Rolling Slope, Tank/ Pond
Other Equipment: Farm Equipment, Livestock Equipment
Parcel#: R000074695
Parking: Aggregate
Parking Notes: Aggregate
Utilities: Aerobic Septic, Asphalt, Electricity Available, Well

Room Sizes

Bedroom-Primary: 17.00 x 15.00 Level - 1
Bath-Full: 9.00 x 8.00 Level - 1
Family Room: 16.00 x 14.00 Level - 1
Living Room: 20.00 x 13.00 Level - 1

Local Schools

Elementary School: Lipan
School District: Lipan ISD

Listed By / Shown By

Listed By

Agency Name: Christie's Lone Star
Agency Contact: 214-821-3336
Agent Name: David Inman

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Shown By

Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors

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Estimated Payment

$ 10,698.24 per month $9,458.66 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,239.58 Homeowner's Insurance

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