2387 Fm 503, Coleman, TX, 76834
About This Home
Turnkey 392-acre CM Ranch delivers the full Texas ranch package: a commanding 2-story rock home, standout water, and proven horse/cattle infrastructure in a clean, workable layout. The 2002 home is ~6,000 SF (per owner) with 5 bed, 5.5 bath, oversized mudroom/laundry, rock fireplace, big-view windows, plus upstairs game room, media room, and balcony; supported by 3 newer AC units. Ranch improvements include an 8-stall horse barn with water, hay loft, and an on-site foreman’s suite (full kitchen + bath), equipment barn, and multiple water taps. Water is a highlight with 5 tanks total, including a large lake (~8–10 acres at capacity; up to ~20’ deep when full). Divided into 8 pastures with ~75 acres in wheat/canola/Sudan for hay; currently runs ~25 head. Strong wildlife habitat (deer, turkey, quail; not hunted ~15 years). Utilities: county water, Coleman County Electric, propane, Starlink + county service wired.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2002
Materials
- Foundation: Slab on Builders Pier
- Construction materials: Stone
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Farm
Interior
Appliances
- Appliances included: ENERGY STAR Qualified Appliances,Disposal,Dryer,Washer,Double Oven,Gas Oven,Microwave,Gas Cooktop,Gas Range,Dishwasher
- Laundry features: Electric Dryer Hookup,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Atrium,Balcony,Crown Molding,Formal Entry/Foyer,High Ceilings,Vaulted Ceiling,Wet Bar
- Flooring: Concrete,Laminate
- Number of fireplaces: 2
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric,Heat Pump
- Cooling features: Ceiling Fan(s),Electric,Heat Pump
Interior Area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Details
- Parcel number: R15093
Features
- Spa features: Private,Spa/Hot Tub
- Fencing: Fenced
- Has view: Yes
- View description: Lake,Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake
- Topography of land: Rolling
Lot
- Lot size: 392 Acres
- Features: Pasture,Cleared,Wooded,50 or more Acres
Parking
- Total spaces: 3
- Parking features: Driveway Gate,Attached,Detached,Oversized,Additional Parking,Garage Door Opener,Workshop in Garage,Detached Carport
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Drought
- Hail
- Lightning
- Tornado
- Wildfire
- Winter Weather
- Cold Wave
- Heat Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $19,973 | $239,676 |
| Home Insurance * | $9,332 | $111,984 |
| Property Taxes | $2,268 | $27,216 |
| Electricity | $658 | $7,906 |
| Total | $32,231 | $386,772 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-24 | Listed for sale | $3,950,000 |
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