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    17939 N Fm 1189 Lipan, TX 76462

    For Sale
    $4,250,000

    Ranch, Farm/Ranch - Lipan, TX

    Type:Farm
    Property size:
    2,654 SF
    Lot size:
    123.00 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 17939 N Fm 1189

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    3
    APN
    R000074695
    Interior features
    Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry
    Exterior features
    Rv Hookup, Stable/Barn, Storage, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
    Size
    2,654 SF
    Lot size
    123.00 Acres

    Utilities

    Heating system
    Electric (Heating), Fireplace(s)
    Cooling system
    Electric

    Building Details

    Year built
    1978
    Floors in Building
    1
    Flooring type
    Carpet, Laminate
    Building materials
    Brick, Stone
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    Barn(s), Stable(s), Storage

    Christies Lone Star (214) 821-3336

    Listing agent David Inman (214) 821-3336 License #0694651

    Listing date Nov 19, 2025

    MLS# 20860895 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

    Equestrian and Cattle Property

    This income-producing equestrian and cattle property is situated on 123 acres in the heart of cowboy country. It features multiple residences, including two large, recently updated homes, a new one-bedroom, 1.5-bath apartment, and a bunkhouse with four bedrooms and four bathrooms, each with private rooms and laundry. Equestrian facilities include two barns with 37 stalls, additional pens and traps, cattle lanes, an outdoor 150 ft octagon arena, and a covered 120x250 arena. A new covered 8-horse walker, restroom, and washroom are also present, making it suitable for hosting events or competitions. Additional features include an equipment barn for hay and a large shop for secure storage, as well as RV hookups. The property also includes two ponds. The property has previously been home to Kasen York Performance Horses. It offers an exceptional opportunity for horse enthusiasts or professional trainers, blending residential comfort with professional-grade equestrian and cattle facilities. All ranch equipment is negotiable, including a cab tractor, arena drag, skid steer, two side-by-side ATVs, and a manure spreader.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lipan
    County
    Hood
    State
    Texas
    Longitude
    -98.06108287
    Latitude
    32.48921582

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    FAQs

    What type of property is this?
    Horse & equestrian property - Income-producing equestrian and cattle property with multiple residences and facilities.
    Where is this horse & equestrian property located?
    The property is located at 17939 N Fm 1189 Lipan, TX.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: - Income-producing equestrian and cattle property with multiple residences.; - Extensive equestrian facilities: **37 stalls, covered arena (120x250), outdoor arena (150 ft octagon), 8-horse walker.**; - Sprawling 123± acres, one hour west of Fort Worth.
    (214) 821-3336
    Request Owner's contact information
    17939 N Fm 1189 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    17939 N Fm 1189 Lipan, TX 76462
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