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$3,950,000 - 2387 Fm 503, Coleman

5
Bedrooms
6
Baths
6,000
SQ. Feet
392
Acres

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.

Essential Information

  • MLS® #:
    9804510
  • Price:
    $3,950,000
  • Bedrooms:
    5
  • Bathrooms:
    6.00
  • Full Baths:
    5
  • Half Baths:
    1
  • Square Footage:
    6,000
  • Acres:
    392.00
  • Year Built:
    2002
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Status:
    Active

Community Information

  • Address:
    2387 Fm 503
  • Subdivision:
    N/A
  • City:
    Coleman
  • County:
    Coleman
  • State:
    TX
  • Zip Code:
    76834

Amenities

  • Utilities:
    Cable Connected, Electricity Available, Electricity Connected, Other, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Underground Utilities
  • Features:
    Barbecue, Fitness Center, Fishing, Game Room, Internet Access, Kitchen Facilities, Lake, Airport/Runway, Bar/Lounge, Media Room, Stable(s), Storage Facilities
  • Parking:
    Additional Parking, Attached, Detached, Garage, Oversized, Covered, Guest
  • # of Garages:
    3
  • View:
    Hills, Lake, Panoramic, Pasture, Garden, Pond
  • Is Waterfront:
    Yes
  • Waterfront:
    Lake Front

Interior

  • Interior:
    Concrete, Laminate
  • Appliances:
    See Remarks
  • Heating:
    See Remarks
  • Fireplace:
    Yes
  • # of Fireplaces:
    2
  • Fireplaces:
    Wood Burning
  • # of Stories:
    2
  • Stories:
    Two

Exterior

  • Exterior Features:
    Balcony, Gas Grill, Lighting, No Exterior Steps, Outdoor Grill, Private Entrance, Private Yard, Barbecue
  • Lot Description:
    Agricultural, Back Yard, Cleared, Sloped Down, Front Yard, Garden, Private, Rolling Slope, Few Trees, Farm, Sloped Up
  • Roof:
    Metal
  • Construction:
    See Remarks
  • Foundation:
    See Remarks

School Information

  • District:
    Panther Creek Cisd
  • Elementary:
    Outside School District
  • Middle:
    Outside School District
  • High:
    Outside School District

Property Listed by: Capitol Ranch Real Estate

The information being provided 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 6th, 2026 at 8:00pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.