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5 Beds
7 Baths
6,106 sqft

$2,999,999

15313 Margarita Court, Lipan TX, 76462

Price per sqft$491.32
Built in2021
Property size6,106 sqft
Property typeResidential

Overview

Active

Updated 2h ago

Margarita Ranch: 69+or- acres in southern Hood County with four water wells, five ponds, and a 2021 modern farmhouse. Gated and private, yet one hour to Fort Worth, 25 miles to Granbury and Stephenville, 36 to Weatherford, and under 100 to Dallas, in the heart of North Texas horse country. The 6,106+or- sq ft main residence offers 5 bedrooms, 5 full and 2 half baths, a second primary suite, vaulted ceilings, custom built-ins, a dedicated office, two gas fireplaces, and Control4 smart-home technology. The chef’s kitchen features a large island, butler’s pantry, walk-in pantry, and wet bar. Outdoors, a heated pool and spa, outdoor kitchen, covered patios, and outdoor shower overlook rolling pasture and water. A 1,300+or- sq ft second home with 3 bedrooms, 1 bath, and a screened porch works as guest quarters, multigenerational living, a ranch manager’s residence, or rental income. Ranch-ready from day one: fully cross-fenced productive pastures, pipe and metal fencing, barn with attached pens, storage buildings, and cattle infrastructure that conveys. Open acreage leaves room for a covered arena, round pen, expanded barn, or training facility for cutting, reining, or pleasure horses. Peace of mind comes standard with an electric gated entrance, camera security, whole-home Generac generator, storm cellar, and attached four-car garage. Abundant water, a newer luxury home, and usable acreage this close to DFW are rarely offered together. Turnkey for an equestrian or cattle operation, a private weekend retreat, or a long-term land holding in one of Hood County’s fastest-growing areas. Showings by appointment.

$19,959/mo

Est. mortgage payment based on a $2,999,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21397884

Interior Features

Bedrooms
5
Bathrooms
7
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
69 Acres

Other Property Details

Taxes
$11,288
Tax Frequency
Annually
Garage
Yes
Pool
Yes

Listed by Tyler Thomas with Briggs Freeman Sotheby's Int'l
Listing Contact: 214-350-0400 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 11/12/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/12/2026 at 8:08 PM UTC

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