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Agricultural Land with Home for Sale in Coleman, Texas

2387 Farm to Market 503, Coleman, TX 76834

$3,950,000
392 acres
Active sale
Est $21,029/mo

The 392 acre CM Ranch is a turnkey, full scale Texas ranch built for both enjoyment and day to day operation, featuring a premier main home, strong water, quality horse and cattle infrastructure, and a layout that works. With multiple pastures, productive ground, and a large lake setting, this property delivers a rare blend of comfort, function, and long term value in one complete package. The centerpiece is a two story rock home set high with sweeping views across the ranch and the lake. Built in 2002, the home is approximately 6,000 square feet per owner and features 5 bedrooms and 5.5 bathrooms. The garage enters into an oversized mud room and laundry room, the main living area is anchored by a rock fireplace and expansive windows, and upstairs includes 3 bedrooms, a game room, a media room, and a balcony. The home is supported by three newer air conditioning units. Horse facilities include a barn with 8 stalls with water and a hay loft, plus a foreman's suite inside the horse barn with a full kitchen and full bathroom. Water is a standout feature with five tanks total, including a larger tank lake that can be approximately 20 feet deep when full and roughly 8 to 10 acres at capacity. The ranch is divided into 8 pastures and offers excellent wildlife habitat. The owner reports strong deer activity when wheat is up, along with turkey, quail, and other native game, and the property has not been hunted in approximately 15 years. For cattle and crops, approximately 75 acres have been planted in wheat, canola, and Sudan for hay, and the ranch currently runs about 25 head for casual ranching. Additional improvements include an equipment barn and multiple water taps throughout the property. Utilities include county water, Coleman County Electric, a 250 gallon propane tank for the kitchen stove via West Texas Gas, internet currently via Starlink with county service wired to the house and barn, and a 500 gallon diesel tank on stilts at the barn.

6,000
Sq feet
5
Beds
5
Full baths
1
1/2 bath
2002
Built

Location

Street address
2387 Farm to Market 503
Zip code
76834
School district
Panther Creek Cons ISD
Elevation
1,921 feet
Coordinates
31.8154, -99.5364

Directions

From 153 drive south until you reach the property on the East side of the road.

Property details

Acreage
392 acres
MLS #
NTREIS 21190741
Posted

Property taxes

Recent
$10,164

Parcels

  • R500435

Legal description

Details and features

Listing

Type
Farm
Subtype
Single Family Residence

Lot

Waterfront
Lake Front
Features
Acreage

Exterior

Parking
Carport, Garage, Oversize
Fencing
Fenced, Gate
Structures
Barn(s)
Features
Balcony, Barbecue, Dock, Gas Grill, Lighting, Outdoor Grill, Private Entrance, Private Yard

Structure

Style
Ranch
Stories
1
Heating
Central, Electric, Heat Pump
Cooling
Central Air
Materials
Rock, Stone
Roof
Metal

Interior

Rooms
Bathroom x 6, Bedroom x 5
Flooring
Concrete, Laminate
Fireplaces
Yes
Appliances
Dishwasher
Features
Vaulted Ceilings, Wet Bar

Nearby schools

NameTypeDistrict
Panther CreekElementaryPanther Creek Cons ISD
Panther CreekMiddlePanther Creek Cons ISD
Panther CreekHighPanther Creek Cons ISD

Listing history

DateEventPriceChangeSource
Mar 11, 2026New listing$3,950,000NTREIS
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This 392-acre property is located at 2387 Farm to Market 503 in Coleman, TX 76834. The property is available for sale, priced at $3,950,000. It has a 6,000 square foot 5-bedroom, 5.5-bath house built in 2002.

Listed by Capitol Ranch Real Estate, (979) 530-7010

Checked 1 hour agoUpdated Source

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