Jonathan Olvera

2387 Farm To Market 503

Coleman, TX
$ 3,950,000 Beds 5 Baths 5.5 Sq 6,000 Virtual Tour
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
  • $ 10164
  • Style
  • Ranch
  • MLS#
  • 21190741
Listed By: Capitol Ranch Real Estate
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric,Heat Pump
Cooling Central Air,Heat Pump
Utilities Cable Available,Electricity Available,Electricity Connected,Sewer Available
Possession Closing/Funding
Roof Metal
Appliances Dishwasher
Number of Garage Spaces 3
Restrictions None
School District Panther Creek Cons ISD
Year Built 2002
Architectural Style Ranch
Levels Two
Unexempt Taxes 10164
Will Subdivide No
Property Subtype Farm/Ranch
Subdivision Name NA
Transaction Type For Sale
Carport Spaces 2
County Coleman
Property Type Residential
Construction Materials Rock/Stone
HOA Type None
Full Baths 5
Status Active
Directions From 153 drive south until you reach the property on the East side of the road.
City Coleman
Elementary School Name Panther Creek
High School Panther Creek
Elementary School Panther Creek
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21190741
Standard Status Active

Interior Features

Interior Features Vaulted Ceiling(s),Wet Bar
Flooring Concrete,Laminate
Fireplace Features Wood Burning
Fireplaces Total 2
Dining Areas 1
Living Areas 1
Number Of Residences 2
Room Count 2
Half Baths 1
Lock Box Type None
Total Bedrooms 5
Total Baths 6
Laundry Features Electric Dryer Hookup,Washer Hookup

Exterior Features

Waterfront Yes
Exterior Features Balcony,Barbecue,Dock,Gas Grill,Gray Water System,Lighting,Outdoor Grill,Private Entrance,Private Yard
Lot Features Acreage
Fencing Back Yard,Barbed Wire,Chain Link,Fenced,Front Yard,Full,Gate,Pipe,Wire
Soil Type Sandy Loam
Other Structures Barn(s)
Parking Features Additional Parking,Detached Carport,Garage,Oversized
WaterFront Features Lake Front
Lot Size Over 100 Acres
Covered Spaces 3
Foundation Slab
Lot Size Area 392.0000
Lot Size Units Acres
Structural Style Farm/Ranch House,Single Detached
Garage Y/N Yes
Lot Size Square Feet 17075520.0000
Lot Size Acres 392.0000
Attached Garage Y/N Yes

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 Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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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 Panther Creek Elementary School
Middle School Unknown Middle School
High School

Price History

3/10/2026 Listed $3,950,000

Property vs Zip Code Average in 76834

Price
AVG $300K
$3.95M
Taxes
AVG $2,604
$10,164
Year Built
AVG 1975
2002
Visits
AVG 76
159
Data Provided by Inside Real Estate®

Areas That We Cover

2387 Farm To Market 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 Farm To Market 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.

Jonathan Olvera

Jonathan Olvera

254-723-5663

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