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15313 Margarita Court, Lipan, TX 76462

$3,895,000
  • 15313 Margarita Court, Lipan, TX 76462 Main Photo

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Active
BEDS5 BATHS5 full 2 partial SQUARE FEET6,106 MLS#20969211
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONOld Wd Ranch Ph I Sec D SCHOOLLipan ISD

Property Description

This exceptional Texas ranch for sale offers 69 cross-fenced acres and a luxury estate home of over 6,000 square feet, just 25 minutes from the city. Designed for buyers seeking Texas land, horse property, cattle land, recreational ranch acreage, or a private family compound, this one-of-a-kind property blends modern luxury with ranch functionality. The estate features 5 spacious bedrooms, 7 bathrooms, a private guest house, Control4 smart home technology, a chef’s kitchen, custom dry bar, wet bar, gas fireplace, dedicated office spaces, and expansive living and entertaining areas. The resort-style outdoor setting includes a heated pool and spa, putting green, outdoor kitchen, ponds, and panoramic Texas views. Property improvements include 4 wells, a generator, barn with attached pens, cross fencing for livestock or equestrian use, and room to build additional homes or structures. Ideal for buyers from Houston, Austin, San Antonio, Dallas-Fort Worth, California, Colorado, Montana, Wyoming, and New Mexico looking for luxury ranches, horse property, farm and ranch land, or legacy acreage in Texas.

15313 Margarita Court | MLS# 20969211

This home located at 15313 Margarita Court, Lipan, TX 76462 is currently listed for sale with an asking price of $3,895,000. This property was built in 2021 and has 5 bedrooms and 5 full and 2 partial baths with 6106 sq. ft. Margarita Court is located in the Old Wd Ranch Ph I Sec D subdivision within the Lipan ISD school district. Search Old Wd Ranch Ph I Sec D real estate on shelbymilam.kellyrealtors.com today.

Property Features

Property Type: Residential -
Cooling: Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qu
Fireplaces: 2
Garage: 4 car attached
Heating: Central, Electric
Home Style: Modern Farmhouse
Lot Size: 69.00 Acres
Roof Type: Composition
Year Built: 2021

Amenities

Built-in Features
Built-in Wine Cooler
Cable TV Available
Chandelier
Decorative Lighting
Double Vanity
Eat-in Kitchen
Flat Screen Wiring
Smart Home System
Vaulted Ceiling(s)
Walk-In Closet(s)
Wet Bar
Wired for Data
Second Primary Bedroom
Attached Grill
Covered Patio/Porch
Gas Grill
Outdoor Kitchen
Outdoor Shower
Storm Cellar

Feature Descriptions

Appliances: Built-in Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Tankless Water Heater, Water Softener
Days on Site: 271
Exclusions: Window dressings in primary bedroom and downstairs secondary bedroom
Exterior: Board & Batten Siding
Fencing: Cross Fenced, Fenced, Metal, Pipe
Fireplace: Gas, Living Room, Outside, Wood Burning
Flooring: Carpet, Concrete, Cork
Lot: Acreage
Parcel#: R000107599
Parking: Concrete, Driveway, Electric Gate, Garage, Garage Door Opener, Garage Faces Side, Inside Entrance, Kitchen Level, Storage
Parking Notes: Concrete, Driveway, Electric Gate, Garage, Garage Door
Pool: In Ground, Outdoor Pool
Swimming Pool: Yes
Utilities: Aerobic Septic, Septic, Well

Local Schools

Elementary School: Lipan
School District: Lipan ISD

Listed By / Shown By

Listed By

Agency Name: Briggs Freeman Sotheby's Int'l
Agency Contact: 817-731-8466
Agent Name: Joseph Romero

agent picture

Shown By

Agent Name: Shelby Milam
Agent Phone: (254) 366-9606
Agency Title: Kelly, Realtors

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Estimate Your Payment

Estimated Payment

$ 9,804.62 per month $8,668.58 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,136.04 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/26/2026. The listing information on this page last changed on 03/26/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/26/2026 2:42:48 AM EST) or NTREIS (last updated Wed 03/25/2026 11:48:44 PM EST) or SABOR MLS (last updated Thu 03/26/2026 12:52:25 AM EST) or CTXMLS (last updated Wed 03/25/2026 11:34:26 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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