17939 N FM 1189, LIPAN, TX 76462
Homes for sale in Lipan.
Homes for sale in 76462.
List Price$4,250,000
17939 N Fm 1189
Lipan, TX 76462
Listing #20860895
About This Property
Income producing Equestrian and Cattle Property in the heart of cowboy country with multiple residences, two large homes, one apartment, and a four bed four bath bunkhouse. Covered arena, 37 stalls, outdoor arena, and working cattle pens. Previous home to Kasen York Performance Horses. This premier equestrian property spanning 123± acres, just one hour west of Fort Worth. Perfectly blending residential comfort with professional grade equestrian and cattle facilities, this property offers an exceptional opportunity for horse enthusiasts or professional trainers. Residential features include two recently updated homes, ideal for hosting guests, accommodating staff, or enjoying your own private living quarters, new apartment with one bedroom 1.5 bath, bunkhouse with four private rooms and laundry. Equestrian facilities include two Barns with 37 total stalls, additional pens and traps, cattle lanes, outdoor 150 ft octagon arena, covered arena 120x250, new 8 horse walker covered, restroom, and washroom, perfect for hosting events or competitions. Additional features, equipment barn-hay and large shop for secure storage. RV hookups. Three ponds adding both natural beauty and functionality to the property. This property is more than a ranch--it's a fully equipped equestrian paradise with endless potential. Whether you're looking to host events, train professionally, or enjoy a private retreat, this property delivers the perfect balance of lifestyle and functionality. All ranch equipment negotiable; cab tractor, arena drag, skidsteer, two side by side atv's, and manure spreader.
Property Features
Location Information
County
Erath
Subdivision
None
Interior Features
Interior
Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry
Heating
Electric
Full Baths
2
Cooling
Electric
1/2 Baths
1
Floors
Carpet, Laminate
Has Fireplace
Yes
Laundry
Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Number of Fireplaces
1
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Exterior Features
Style
Ranch, Farmhouse
Other Structures
Arena, Bunkhouse, Covered Arena, Guest House, Grain Storage, Outbuilding, Second Residence, Residence, Shed(s), Storage, Workshop, Barn(s),
Stories
1
Is a Horse Property
Yes
Construction
Brick, Rock, Stone
Horse Amenities
Barn, Hay Storage, Indoor Arena, Loafing Shed, Round P
Exterior
RV Hookup, Storage
Lot Description
Acreage, Cleared, Hardwood Trees, Pasture, Pond on Lot, Rolling Slope, Few Trees
Foundation
Pillar/Post/Pier
Lot Size in Acres
123
Roof
Metal
Lot Size in Sq. Ft.
5,357,880
Utilities
Electricity Available, Septic Available, Water Available
Current Use
Cattle, Grazing, Horses, Pasture, Ranch
Parking Description
Aggregate
Possible Best Use
Cattle, Grazing, Horses, Pas
Has Garage
Yes
Road Description
County Road, Farm to Market Road, Gravel, Asphalt
Garage Spaces
2
Is One Story
Yes
Fencing
Cross Fenced, Fenced, Perimeter
Lot Description
Acreage, Cleared, Hardwood Trees, Pasture, Pond on Lot, Rolling Slope, Few Trees
Pool Description
None
School
Elementary School District
Lipan ISD
Jr. High School
Lipan
Elementary School
Lipan
High School
Lipan
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
FRM
Has a Home Owners Association
No
Property SubType 2
House
Tax Annual Amount
5315.0
Property SubType
Farm
Exclusions
Minerals
Year Built
1978
Lot Acres Source
Owner
Similar Listings
Mortgage Calculator
$19,847
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$15,315
Monthly Tax
$3,541
Monthly Insurance
$991
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
David Inman, Christie's Lone Star

© 2026 North Texas Real Estate Information Systems. All rights reserved.
We do not independently verify the currency, completeness, accuracy or authenticity of the data contained herein. The data may be subject to transcription and transmission errors. Accordingly, the data is provided on an "as is, as available" basis only.
NTREIS - North Texas data last updated at May 26, 2026, 6:43 PM CT
Real Estate IDX Powered by iHomefinder