11874 Fm 157 Generational Living with privacy and convenience at your fingertips! Rare opportunity to own 135 acres in the heart of Ellis County—a multi-use ranch with outstanding development, agricultural, and multi-residential potential. Keefer Ranch has been in the same family for generations and offers a blend of open pasture, mature trees, and multiple water features, all just minutes from Maypearl and within 45 minutes of Dallas–Fort Worth. The property includes three separate residences (1, 680 sqft built 2012, 3, 140 sqft built 1997, and 1, 500 sqft built 2015), each with covered porches and private views. Ideal for multi-family living, ranch staff, or rental income. Additional improvements include a 72x40 barn with 6 stalls, tack room, and wash rack, plus an 8, 000+ sqft workshop with electricity and water—perfect for equipment, storage, or commercial use. Land features include three ponds (two stocked), cross-fencing for livestock, an on-site water well, and 1, 100 ft of road frontage along FM 157. The rear pond spans over an acre and reaches depths of 25+ feet. Mountain Peak SUD provides water service. With quick access to I-35, I-20, and DFW Airport, this location offers true rural privacy without sacrificing convenience. Whether you’re seeking a working ranch, long-term investment, or a prime development opportunity, Keefer Ranch delivers unmatched versatility and potential.