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2387 Farm to Market 503

Coleman, TX 76834

$3,950,000

5 bd · 5.5 ba · 6,000 sq ft · 392 ac

Bedrooms5
Bathrooms5.5
Living area6,000 sq ft
Lot size392 acres
Year built2002
Stories2
Garage3 cars
TypeResidential

What it costs to own

Taxes$10,164 per year
MUDNone listed
HOANone listed
Price per sq ft$658 per sq ft

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

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.

The details

HeatingCentral, Electric, Heat Pump
CoolingCentral Air, Heat Pump
FlooringConcrete, Laminate
AppliancesDishwasher
Interior featuresVaulted Ceiling(s), Wet Bar
Bathrooms5 full · 1 half
Fireplace2 · Wood Burning

Construction materialsRock/Stone
RoofMetal
FoundationSlab

Lot featuresAcreage
FencingBack Yard, Barbed Wire, Chain Link, Fenced, Front Yard, Full, Gate, Pipe, Wire
SewerSewer Available
ElectricElectricity Available, Electricity Connected
UtilitiesCable Available

ElementaryPanther Creek
Middle schoolPanther Creek
High schoolPanther Creek
DistrictPanther Creek Cons ISD

MLS #21190741
Source
On the market68 days
CountyColeman

Around this home

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Listing courtesy of Capitol Ranch Real Estate — Colton Harbert.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21190741. Information last updated May 3, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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