$3,399,990

15205 Morgan Mill Highway Lipan, TX 76462

3 beds
3 full
2,278 sqft
51.6 acres
$1,493 / sqft
House

Property details

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!

Highlights

Home typeSingle Family Residence
HeatingExhaust Fan, Central
StatusSale Pending
(Pending)
CoolingCentral Air, Ceiling Fan(s), Electric, Gas
Size2,278 sqft
Lot size51.64 Acres
Year built2021
ParkingAttached, Garage, Garage Faces Side, Garage Door Opener
MLS #226990
Attached garageYes
FireplaceGas

Summary

  • MLS Number: 226990
  • MLS Name: Waco
  • Office Name: Texas Luxury and Land
  • Office Phone: (254) 749-2175
  • Office Email: reaganfranco@texasluxuryandland.com
  • Listing Agent: Lindsy Baize

IDX This data is provided by the Waco Association of REALTORS® Multiple Listing Service Inc. Internet Data Exchange is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker is listed on each listing; the information is deemed reliable but not guaranteed accurate. Copyrighted © 2025 Waco Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 3/15/2025, 12:45:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,399,990

15205 Morgan Mill Highway

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Price information

Property sales

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Nearby schools

5

Phyliss NeSmith Elementary School

Public District PK-5

1.2 mi

801 President Blvd

9

Celia Hays Elementary School

Public District PK-6

2.5 mi

1880 Tannerson Dr

10

Sherry and Paul Hamm Elementary School

Public District PK-6

2.5 mi

2911 Greenway Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $74,583. Typical income of Lipan, TX residents is between $35k-100k annually. The majority of families are married, with kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

21%
<35k
44%
35k-100k
27%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

20%
Single, No Kids
9%
Single, with Kids
35%
Married, No Kids
36%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 15205 Morgan Mill Highway

This home is located at 15205 Morgan Mill Highway in Lipan, TX and zip code 75166. 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 4, 2024 and is currently priced at $3,399,990.

In February 2025 in Lipan, TX there were 6.9% more homes for sale than in January. Listings spent 103 days on the market in February 2025, and had a median list price of $379,716 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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