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$3,399,990

Beds
3
Baths
3.0
sq ft
2,278

15205 Morgan Mill Hwy, Lipan, TX 76462

15205 Morgan Mill Hwy

Lipan, TX 76462

  • 17 days on market
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!

Details

Property type

Single Family Residence

Est. home value

$3,059,558

Lot size

51.64 acres

Price per sq ft

$1,493

Year built

2021

Annual property taxes

$14.63

Price History

12/04/2024
Waco

Waco #226990

Listed
$3,399,990
11/01/2024
NTREIS

NTREIS #20579833

Removed
09/20/2024
NTREIS

NTREIS #20579833

Price change
$3,499,999
-5.02%

Schools & Community

Elementary school: 

Lipan

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Lipan ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

American State Bank

Loan start date

October 2022

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Not Provided

Seller

Bar M Enterprises Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/21/2024 at 8:05 PM

Listing updated: 12/04/2024 at 12:41 PM

Listed by: Lindsy Baize, Texas Luxury and Land Phone #: (254) 749-2175

MLS: Waco #226990

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