15313 Margarita Court, Lipan, TX 76462
15313 Margarita Court, Lipan, TX 76462
15313 Margarita Court, Lipan, TX 76462
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$3,895,000
Est. payment /mo
5 Beds
7 Baths
6,106 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Farm/Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 6,106 sqft

Subdivision Old Wd Ranch Ph I Sec D

MLS Listing ID 20969211

Style Modern Farmhouse

Bedrooms 5

Full Baths 5

Half Baths 2

HOA Y/N None

Year Built 2021

Annual Tax Amount $11,288

Lot Size 69.000 Acres

Acres 69.0

Property Sub-Type Farm/Ranch

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.

Location

State TX

County Hood

Direction Hwy 20 to Dennis Rd go south on Dennis Rd for 5.5 miles turn left on 1189 go 16 miles turn right on FM 4 E Lipan Dr, go .2 miles to 1189 S Caddo St. next go 1.4 Star Hollow Rd., go 1.2 miles turn right on Boswell Ct, next go 1.2 miles turn right on Margarita Ct. go .2 miles turn left into driveway

Rooms

Dining Room 1

Interior

Interior Features 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

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment

Flooring Carpet, Concrete, Cork

Fireplaces Number 2

Fireplaces Type Gas, Living Room, Outside, Wood Burning

Appliance Built-in Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Tankless Water Heater, Water Softener

Heat Source Central, Electric

Exterior

Exterior Feature Attached Grill, Covered Patio/Porch, Gas Grill, Outdoor Kitchen, Outdoor Shower, Storm Cellar

Garage Spaces 4.0

Fence Cross Fenced, Fenced, Metal, Pipe

Pool In Ground, Outdoor Pool

Utilities Available Aerobic Septic, Septic, Well

Roof Type Composition

Total Parking Spaces 4

Garage Yes

Private Pool 1

Building

Lot Description Acreage

Story Two

Foundation Slab

Level or Stories Two

Structure Type Board & Batten Siding

Schools

Elementary Schools Lipan

Middle Schools Lipan

High Schools Lipan

School District Lipan Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Joseph Romero • Briggs Freeman Sotheby's Int'l

Nearby School & Business

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Sean Parsons

Sean Parsons

+1(214) 810-0055

Broker Associate | License ID: 0591907

Broker Associate License ID: 0591907

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