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    15200 Choice Acres Ct Lipan, TX 76462

    For Sale
    $5,250,000

    Farm/Ranch - Lipan, TX

    Type:Farm
    Lot size:
    307.60 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 15200 Choice Acres Ct

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    2
    APN
    R000040662
    Parking features
    Carport, Driveway
    Interior features
    High Speed Internet Available, Kitchen Island
    Exterior features
    Dog Run, Rv/Boat Parking, Stable/Barn, Storage, Fence
    Fencing
    Fenced
    Appliances
    Range
    Lot size
    307.60 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric
    Water front features
    Creek

    Building Details

    Floors in Building
    1
    Architectural style
    Ranch
    Additional Structures
    Barn(s), Kennel/Dog Run, RV/Boat Storage, Stable(s), Storage

    Keller Williams Heritage West (817) 441-4000 [email protected]

    Listing agent Tara Stark (817) 441-4000 License #0514583

    Listing date Nov 10, 2025

    MLS# 21109048 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Equestrian Facility on 307 Acres

    This 307-acre property in Lipan, TX, features gently rolling pastures, mature trees, and distant views with no visible neighbors. Kickapoo Creek meanders through the land, enhancing its peacefulness. Equestrian facilities include a 115' x 136' indoor arena with a 16-stall show barn, two round pens, a 60' breaking pen, and a 100' x 200' outdoor arena. The property also contains multiple residences, including three mobile homes and three apartments. The land is fenced and cross-fenced, with multiple turnouts and loafing sheds. Covered cattle working pens are present, along with improved coastal fields. The property offers opportunities for hunting and fishing. It is located approximately 60 miles from Will Rogers Coliseum.
    Property Profile Location Intelligence

    Current Use by Public Records

    THE FINAL CUT RANCH Ranch

    Map

    City
    Lipan
    County
    Hood
    State
    Texas
    Longitude
    -98.041084
    Latitude
    32.540917

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    FAQs

    What type of property is this?
    Horse & equestrian property - 307 acres with equestrian facilities, multiple residences, and creek.
    Where is this horse & equestrian property located?
    The property is located at 15200 Choice Acres Ct Lipan, TX.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: - 307 acres of gently rolling pastures with mature trees and distant views, offering privacy and serenity.; - Turn-key equestrian facilities including a **115' x 136' indoor arena** with a 16-stall show barn, two round pens, and outdoor arena.; - Multiple residences on the property: three mobile homes and three apartments.
    (817) 441-4000
    Request Owner's contact information
    15200 Choice Acres Ct Lipan, TX 76462
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    Lipan, TX 76462
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15200 Choice Acres Ct Lipan, TX 76462
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