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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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2387 Fm 503 , Coleman, TX 76834
$3,950,000
Est. Payment: $20,258.91/mo
5 Bed
6 Bath
6000 Sqft
Status: active | Days on site: 68
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Jeannette Spinelli
Broker Associate & Founder

House Description

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.

Highlights

Listed by Colton Harbert , (806) 335-5867 Capitol Ranch Real Estate , (855) 968-1200. Austin MLS mls logo

Property Type

Residential

Lot/Acreage
392

Year Built

2002

County

Coleman

Area

Out of Area

Neighborhood

N/A

School District

Panther Creek Cisd

Listing ID

9804510

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:6
  • Full Bathrooms:5
  • 1/2 Bathrooms:1
Appliances:See Remarks
Floor:Concrete,Laminate
Other:
  • Additional:See Remarks, High Speed Internet
Water:Private

Exterior Features

Lot:Agricultural,Back Yard,Cleared,Sloped Down,Farm,Front Yard,Garden,Private,Rolling Slope,Sloped Up,Few Trees
Roof:Metal
Others:
  • Additional:Balcony, Barbecue, Gas Grill, Lighting, No Exterior Steps, Outdoor Grill, Private Entrance, Private Yard, Resale
Sewer:Septic Tank
Parking Features:Additional Parking,Attached,Detached,Garage,Oversized,Covered,Guest
Principal Interest
$20,259
Taxes
$847

Home Price

$3,950,000

Loan Details

30 yrs
6.637%

Down Payment

20%
$790,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,258.91

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,258.91 $846.97 $0.00 $21,105.87
Yearly $243,106.87 $10,163.61 $0.00 $253,270.48
Total $7,293,206.13 $304,908.30 $0.00 $7,598,114.43

Today's Rates

30 Year

6.64%

20 Year

6.43%

15 Year

5.99%

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Market insight data is pulled from the same city as the listing being viewed (Coleman, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data last updated: 2026-09-03T02:23:53.000Z

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