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15313 Margarita Ct, Lipan, TX, 76462

5beds
7baths
6,106sqft
$3,390,000
$555price/sqft
$23,488/moest. monthly cost
$939,520/yrincome needed

About This Home

69-acre Texas ranch is purpose-built for buyers seeking horse property, cutting horse land, and equestrian-ready acreage in North Texas. Fully cross-fenced with usable pasture and a functional layout, this property is ideal for cutting horse training, cattle work, and performance horse operations—while still offering luxury living. The land supports immediate use with a barn and attached pens, multiple pastures, and four water wells, providing the infrastructure serious equestrian buyers look for. The layout allows for seamless addition of an arena, round pen, covered barn, or expanded training facilities, making it a strong fit for trainers, competitors, or buyers building a custom equestrian program. Whether you’re working cattle, riding daily, or developing a private horse facility, this property delivers versatility, scale, and long-term value. The 6,000+ sq ft estate home offers 5 bedrooms, 7 bathrooms, and a private guest house—ideal for owners, staff, or visiting clients. Interior features include Control4 smart home technology, a chef’s kitchen, wet and dry bars, gas fireplace, and dedicated office spaces—blending high-end living with ranch functionality. Outdoor amenities include a heated pool and spa, outdoor kitchen, ponds, and expansive Texas views—creating a balanced lifestyle for both work and relaxation. For buyers searching Texas ranches for sale, cutting horse properties, equestrian land near Fort Worth, or horse-friendly acreage with development potential, this property stands apart with its location, infrastructure, and ability to scale into a premier equestrian facility.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

6/10
Lipan Elementary SchoolGrades PK-63.6 mi
7/10
Lipan High SchoolGrades 7-123.6 mi

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Board & Batten Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Modern,Farmhouse
  • Property subType: Farm,Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Refrigerator,Dishwasher,Electric Oven,Gas Cooktop,Disposal,Water Softener,Tankless Water Heater,Wine Cooler

Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Split Bedrooms,Walk-In Closet(s)
  • Level: First
  • Dimensions: 14 x 18

Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Split Bedrooms,Walk-In Closet(s)
  • Level: Second
  • Dimensions: 14 x 15

Bedroom

  • Features: Built-in Features,Ceiling Fan(s),En Suite Bathroom,Split Bedrooms,Walk-In Closet(s)
  • Level: Second
  • Dimensions: 14 x 15

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2

Breakfast Room Nook

  • Features: Eat-in Kitchen
  • Level: First
  • Dimensions: 15 x 15

Family Room

  • Features: Ceiling Fan(s)
  • Level: Second
  • Dimensions: 32 x 14

Features

  • Wet Bar,Built-in Features,Chandelier,Decorative/Designer Lighting Fixtures,Double Vanity,Eat-in Kitchen,Multiple Master Suites,Smart Home,Cable TV,Vaulted Ceiling(s),Wired for Data,Walk-In Closet(s),Wired for Sound
  • Flooring: Carpet,Cork,Concrete
  • Number of fireplaces: 2
  • Fireplace features: Gas,Living Room,Outside,Wood Burning
  • Fireplace: Yes

Game Room

  • Level: First
  • Dimensions: 9 x 13

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric,ENERGY STAR Qualified Equipment

Interior Area

  • Total interior livable area: 6,106 sqft

Kitchen

  • Features: Breakfast Bar,Built-in Features,Butler's Pantry,Eat-in Kitchen,Kitchen Island,Pot Filler,Walk-In Pantry
  • Level: First
  • Dimensions: 15 x 15

Laundry

  • Features: Built-in Features,Utility Sink
  • Level: First
  • Dimensions: 14 x 9

Living Room

  • Features: Fireplace
  • Level: First
  • Dimensions: 23 x 19

Master Bathroom

  • Features: Bidet,Built-in Features,Dual Sinks,En Suite Bathroom,Multiple Shower Heads,Separate Shower
  • Level: First
  • Dimensions: 12 x 17

Master Bedroom

  • Features: Closet Cabinetry,Dual Sinks,Double Vanity,En Suite Bathroom,Walk-In Closet(s)
  • Level: First
  • Dimensions: 17 x 17

Office

  • Level: First
  • Dimensions: 14 x 16

Property

Details

  • Parcel number: R000107599
  • Exclusions: Window dressings in primary bedroom and downstairs secondary bedroom
  • Horse amenities: Barn

Features

  • Levels: Two
  • Stories: 2
  • Pool features: In Ground,Outdoor Pool,Pool
  • Patio & porch: Covered
  • Exterior features: Gas Grill,Outdoor Grill,Outdoor Kitchen,Outdoor Shower
  • Fencing: Cross Fenced,Fenced,Metal,Pipe

Lot

  • Lot size: 69 Acres
  • Features: Acreage

Parking

  • Total spaces: 4
  • Parking features: Concrete,Driveway,Electric Gate,Garage,Garage Door Opener,Inside Entrance,Kitchen Level,Garage Faces Side,Storage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: 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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Lightning
Wildfire
Drought
Heat Wave
Inland Flooding
Ice Storm
Strong Wind

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $17,141$205,692
Home Insurance *$2,515$30,180
Property Taxes $3,162$37,944
Electricity $670$8,045
Total$23,488$281,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$805,302/yr
40% on housing$704,640/yr
45% on housing$626,346/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 5.2%
5.2%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -3.7%
-3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$555This listing

vs Other Active Listings

Avg $/sqft

ZIP 76462$388
Hood County$194

vs Homes Sold Last Month

Median $/sqft

ZIP 76462$208
Hood County$178

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)

No zestimate history available

Price History

DateEventPrice
2026-03-18Price change$3,895,000
2025-10-25Price change$3,999,999
2025-09-30Price change$4,370,000
2025-06-27Listed for sale$4,395,000
2025-06-09Listing removed$4,499,000
2025-03-06Price change$4,499,000
2025-01-02Price change$5,490,000
2024-11-20Price change$5,700,000
2024-09-30Listed for sale$5,900,000
2024-09-16Listing removed$5,900,000
2024-06-24Listed for sale$6,200,000

For Sale by Agent

AgentJoseph Romero
BrokerageBriggs Freeman Sotheby's Int'l

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