ParkingAttached, Garage, Garage Faces Side, Garage Door Opener
Attached GarageYes
Year Built2021
HeatingExhaust Fan, Central
CoolingCentral Air, Ceiling Fan(s), Electric, Gas
FireplaceGas
MLS #226990
Lot Size51.64 Acres
StatusActive
About 15205 Morgan Mill Highway
Exceptional Cutting Horse Facility on 51 Acres – Lipan, TX A Horseman’s Dream in the Horse Capital of Texas! This premier 51-acre cutting horse facility is a true gem located in Lipan, Texas. Tailored for the serious equestrian, this property seamlessly blends luxury living with world-class horse amenities. Main Residence: Gorgeous 3-bedroom, 3-bath farmhouse with office or optional guest bedroom. Open-concept floor plan with vaulted ceilings and exposed wood beams. Gourmet kitchen featuring a gas stove, marble countertops, and high-end finishes. Luxury plank flooring throughout. Fenced backyard, ideal for relaxing or entertaining. Equestrian Facilities: 8-Stall Show Barn: Includes a tack room, bathroom, and wash rack, with stalls thoughtfully designed using durable pipe and creosote boards. Covered Working Arena: Attached to the show barn for ultimate convenience. 23-Stall Colt Barn: Newly built and ready to meet all your training needs. Two Spacious Apartments: Located behind the show barn, each unit features: Open living, dining, and full kitchen areas. A separate bedroom and full bathroom. Front and back access for privacy and flexibility. Additional Features: Round pen. Horse walker. Multiple turnout pastures for exercise and grazing. The Ideal Location: Lipan is the heart of the Horse Capital of Texas, offering a thriving equestrian community and top-tier infrastructure for horse training and competitions. Located just 30 min to Stephenville, 30 min to Weatherford and 1 hour to Fort Worth. This property is not just a horse facility; it’s a lifestyle. From the thoughtfully designed barns and arenas to the luxurious farmhouse and apartments, every detail has been crafted with the horseman in mind. Schedule a tour today to see this one-of-a-kind property for yourself!
Property Details
Property Features
Property Information:
Year Built: 2021
Stories: 1
Living Area: 2,278 SqFt
Listing Office:
Office Name: Texas Luxury and Land
Office Phone: (254) 749-2175
Listing Agent: Lindsy Baize
Interior Features
Interior Information:
Appliances: Dishwasher, Exhaust Fan, Gas Water Heater, Ice Maker, Range, Refrigerator, Tankless Water Heater
Last updated on: 1/5/2025, 2:16:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17K
Per Month
Principal & Interest
$16.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.2K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Phyliss NeSmith Elementary School
801 President Blvd
Distance between this listing and this school1.22 miles
Public District Grades PK-5
8
/10
Celia Hays Elementary School
1880 Tannerson Dr
Distance between this listing and this school2.47 miles
Public District Grades PK-6
8
/10
Sherry and Paul Hamm Elementary School
2911 Greenway Dr
Distance between this listing and this school2.54 miles
Public District Grades PK-6
Nearby Schools
7
/10
J. W. Williams Middle School
625 E FM 552
Distance between this listing and this school2.47 miles
Public District Grades 7-8
8
/10
Grady Burnett Junior High School
516 Hilltop Ln
Distance between this listing and this school5.25 miles
Public District Grades 7-8
7
/10
Herman E. Utley Middle School
1201 T L Townsend Dr
Distance between this listing and this school5.63 miles
Public District Grades 7-8
Nearby Schools
7
/10
Wylie East High School
3000 E Stone Rd
Distance between this listing and this school3.18 miles
Public District Grades 9-12
3
/10
Rockwall Quest Academy
1050 Williams St
Distance between this listing and this school4.41 miles
Public District Grades 11-12
3
/10
Achieve Academy
300 Pirate Dr
Distance between this listing and this school5.19 miles
The neighbors living near this home have an average income of $74,583. The majority of Lavon, TX residents have income between $35k-100k annually. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 15205 Morgan Mill Highway
What is the listing price of this property?
The listing price of 15205 Morgan Mill Highway property is $3,399,990.
What type of property is this?
The property 15205 Morgan Mill Highway is a house located in Lipan, Texas, 76462.
Is this property for sale now?
Active Listing: 15205 Morgan Mill Highway is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 15205 Morgan Mill Highway has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 15205 Morgan Mill Highway is 2,278 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 15205 Morgan Mill Highway is 2021.
Interested in 15205 Morgan Mill Highway? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 15205 Morgan Mill Highway in Lipan, TX and zip code 76462. This 2,278 square foot home, which was built in 2021, sits on a 51.64 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $3,399,990.
The number of listings in Lavon, TX decreased by 2.9% between November 2024 and December 2024. In December 2024, listings were on the market for 105 days. During the same period, the median list price in this real estate market was $387,990.
From Rocket Homes Real Estate and based on county public records data.