$6,400
NAL Estimated Property Value15205 Morgan Mill Highway, Lipan, TX, 76462
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About this property
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!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lipan
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