Sixty-nine acres. Four water wells. Five ponds. One hour to Fort Worth.
Margarita Ranch is a 69+/- acre luxury equestrian and working cattle ranch near Lipan, Texas, set in southern Hood County with a 2021 modern farmhouse, a second residence, and the water infrastructure that defines a truly exceptional Texas property. Behind an electric gated entrance, rolling pasture, stock ponds, and open sky create a private world that feels far removed from the city, yet Fort Worth is about an hour away.
The ranch sits at the center of North Texas horse country. Granbury’s historic square and lake are 25 miles away, as is Stephenville. Weatherford is 36 miles, Fort Worth 65, and Dallas under 100. Cutting, reining, and performance horse owners will find themselves within easy reach of the region’s trainers, veterinarians, and the arenas of Fort Worth, while still coming home to complete quiet.
The Main Residence
Completed in 2021, the 6,106+/- square foot main residence pairs modern farmhouse architecture with the finish level of a city estate. Board and batten siding gives way to vaulted ceilings, custom built-ins, chandeliers, and two gas fireplaces. There are 5 bedrooms, 5 full and 2 half baths, including a second primary suite, along with a dedicated office wired for data and Control4 smart-home technology throughout. The chef’s kitchen is built for entertaining, with a large island, butler’s pantry, walk-in pantry, built-in wine cooler, and wet bar.
Outdoor Living
The heated pool and spa anchor an outdoor living area designed for long Texas evenings, with an outdoor kitchen and grill, covered patios, an outdoor fireplace, and an outdoor shower. Every space looks out over pasture and water.
The Second Home
A 1,300+/- square foot second home offers 3 bedrooms, 1 bath, and a screened porch. It works equally well as a guest house, a residence for extended family, a ranch manager’s quarters, or a source of rental income.
The Land and Water
Water is the most valuable asset on any Texas ranch, and Margarita Ranch has it in abundance: four water wells and five ponds supporting livestock, wildlife, and the landscape. The acreage is fully cross-fenced into productive pastures with pipe and metal fencing. A barn with attached pens, storage buildings, and cattle infrastructure convey with the sale, making the property operational from the first day of ownership.
The open layout leaves ample room to grow. A covered arena, round pen, expanded barn, or full training facility can be added for cutting, reining, pleasure riding, or a cattle program.
Security and Peace of Mind
The ranch is protected by an electric gated entrance and a camera security system, with a whole-home Generac generator, a storm cellar, and an attached four-car garage.
A Rare Opportunity
Lipan is one of the fastest-growing communities in Hood County as buyers from across the Metroplex and beyond seek land, privacy, and space within reach of the city. Even so, a newer luxury home, a second residence, established water, and usable, improved acreage this close to DFW are rarely offered together. Recreating this property from raw land would take years of drilling, fencing, pond work, and construction.
Margarita Ranch is ready now, whether as a turnkey equestrian estate, a working cattle operation, a private weekend retreat, a multigenerational family compound, or a long-term land holding in one of North Texas’s most sought-after corridors.
Private showings by appointment.
