2387 Fm 503

Coleman, TX
$ 3,950,000 Beds 5 Baths 5.5 Sq 6,000
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 3,950,000
  • City
  • Coleman
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • COLEMAN
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 392 Acres
  • Zip
  • 76834
  • Sqr Footage
  • 6,000
  • Year Built
  • 2002
  • Taxes
  • $ 10163
  • Style
  • Single Family Residence
  • MLS#
  • 9804510
Listed By: Capitol Ranch Real Estate;
Data Source: Austin Board of REALTORS® (ABOR) as distributed by MLS GRID

Features

General

Living Area 6000
Sewer Septic Tank
Heating See Remarks
Cooling See Remarks
Utilities Cable Connected,Electricity Available,Electricity Connected,Other,Phone Available,Phone Connected,Sewer Available,Sewer Connected,Water Available,Water Connected
Roof Metal
Appliances See Remarks
Garage Spaces 3
Patio/Porch Features See Remarks
Pool Features None
Security Features See Remarks
Construction Materials See Remarks
Year Built 2002
View Garden,Hill Country,Lake,Panoramic,Pasture,Pond
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Lake Front
Community Features Airport/Runway,BBQ Pit/Grill,Covered Parking,Fishing,Fitness Center,Game/Rec Rm,Garage Parking,High Speed Internet,Hot Tub,Housekeeping,Kitchen Facilities,Lake,Lock and Leave,Lounge,Media Center/Movi
Accessibility See Remarks
County Coleman
New Construction No
Property Type Residential
HOA No
Energy Efficient Other/See Remarks
Subdivision Name N/A
Facing Direction West
Green Sustainability None
Other Structures Barn(s),Bathroom,Corral(s),Garage(s)
Full Baths 5
Status Active
Directions FM 503
High School Outside School District
City Coleman
Body of Water See Remarks
Disclosures Seller Disclosure
MLS Area Out of Area
Lot Size Square Feet 17075520
Elementary School Outside School District
Tax Annual Amount 10163.61
Middle/Junior High School Outside School District
Property Condition Resale
Additional Parcels Y/N Yes
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 527270

Interior Features

Interior Amenities See Remarks
Flooring Concrete,Laminate
Total Fireplaces 2
Fireplace Features Wood Burning
Window Features See Remarks
Half Baths 1
Total Bedrooms 5
Main Level Bedrooms 2
LivingAreaSource Owner
Total Baths 6

Exterior Features

Exterior Amenities Balcony,Barbecue,Gray Water System,Gas Grill,Lighting,No Exterior Steps,Outdoor Grill,Private Entrance,Private Yard
Fencing Back Yard,Barbed Wire,Chain Link,Fenced,Front Yard,Full,Gate,Livestock,Pipe,Wire
Parking Features Additional Parking,Attached,Detached,Garage,Oversized
Lot Features Agricultural,Back Yard,Cleared,Farm,Few Trees,Front Yard,Garden,Private,Private Maintained Road,Rolling Slope,Sloped Down,Sloped Up
Water Source Private
Total Parking 3
Foundation Details See Remarks
Lot Size Acres 392
Waterfront Y/N Yes
Covered Spaces 3
Horse Y/N Yes
Horse Amenities Barn,Boarding Facilities,Corral(s),Hay Storage,Paddocks,Palpation Chute,Pasture,Riding Trail,Shaving Bin,Stable(s),Wash Rack

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Cedar Park, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Outside School District Elementary School
Middle School Outside School District Middle School
High School Outside School District High School

Price History

2/24/2026 Listed $3,950,000

Property vs Zip Code Average in 76834

Price
AVG $310K
$3.95M
Taxes
AVG $2,696
$10,163
Year Built
AVG 1974
2002
Visits
AVG 85
82
Data Provided by Inside Real Estate®

Areas That We Cover

2387 Fm 503 Coleman, TX is a Single Family Home for sale at $3950000 with 6000 sqft and a lot size of 392 Acres Acre(s). 2387 Fm 503 Coleman has 5 bedrooms, 5 baths and was built in 2002. The property's zip code is 76834 which is in Coleman, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Your Agent

Find your home's value