Price Reduction
Address
7111 Fm 2339, Murchison, TX
Price
$ 1,999,999
Property Attributes
- MLS#21099592
- TypeSingle Family
- Listing Status Active
- CountyVAN ZANDT
- CityMurchison
- NeighborhoodJ Graff
- Zip75778
- Style
- Year Built2011
- Taxes$ 17
- Price$ 1,999,999
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage640
- Lot Size96.127 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
The Pegasus Horse Farm is one of the most immaculate and beautiful equestrian farms in North Texas. This remarkable farm presents a rare opportunity to acquire a turnkey equestrian facility set on sandy loam soil – ideal for horses. The property has served as home to The Pegasus Project, a nonprofit organization dedicated to the rescue, rehabilitation, and rehoming of horses. The ranch features multiple barns totaling 11 stalls, a 100’ x200’ covered arena, a 60’ covered round pen, a horse walker, and numerous paddocks with 14 run-in sheds. Additional improvements include equipment and storage barns, fertile hay meadows and wooded pastures, ponds, Electrobraid fencing, and even a 2,400’ grass airstrip with a 60’ x 48’ metal hangar. Water source is a high-producing private well near the arena, supplying the entire property. There are two ponds-one within the owner’s compound, which is fed by a spring, another in the northeast corner of the property.
| Elementary School |
|---|
| Brownsboro Elementary School |
| Price History | |
|---|---|
| 10/30/2025 | Listed $2,495,000 |
| 5/8/2026 | 9$2,295,000 |
| 8/13/2026 | 13$1,999,999 |
General Features
| Heating | Electric |
|---|---|
| Cooling | Ceiling Fan(s),Electric |
| Utilities | All Weather Road,Electricity Connected,Well |
| Possession | Closing/Funding |
| Appliances | Refrigerator |
| current use | Agricultural,Grazing,Horses,Pasture,Recreational |
| Restrictions | Unknown Encumbrance(s) |
| School District | Brownsboro ISD |
| Year Built | 2011 |
| Architectural Style | Other |
| Topography | Gently rolling landscape,w open pastures,wooded areas,natural vegetation |
| Levels | One |
| AG Exemption | Yes |
| Unexempt Taxes | 17 |
| Will Subdivide | No |
| Ranch Name | Pegasus Horse Farm |
| Property Subtype | Single Family Residence |
| Subdivision Name | J Graff |
| Possible Use | Agricultural,Cattle,Grazing,Horses,Hunting/Fishing,Pasture,Ranch,Recreational,Residential,Single Family |
| Transaction Type | For Sale |
| Occupant Type | Owner |
| Carport Spaces | 1 |
| County | Van Zandt |
| Property Type | Residential |
| Security Features | Security Lights |
| Construction Materials | Wood |
| Year Built Details | Preowned |
| HOA Type | None |
| Number Of Barns | 1 |
| Special Notes | Aerial Photo |
| Number Of Wells | 1 |
| Full Baths | 1 |
| Status | Active |
| Directions | Use GPS. |
| City | Murchison |
| Elementary School Name | Brownsboro |
| High School | Brownsboro |
| Elementary School | Brownsboro |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21099592 |
| Standard Status | Active |
| Junior High School | Brownsboro |
| Listing Terms | 1031 Exchange,Cash,Conventional |
Interior Features
| Interior Features | Cable TV Available,Decorative Lighting,Eat-in Kitchen,Open Floorplan |
|---|---|
| Dining Areas | 1 |
| Living Areas | 1 |
| Number Of Residences | 2 |
| Room Count | 2 |
| Lock Box Type | None |
| Total Bedrooms | 1 |
| Total Baths | 1 |
| Window Features | Window Coverings |
Exterior Features
| Exterior Features | Covered Patio/Porch,Fire Pit,Private Landing Strip,Stable/Barn |
|---|---|
| Lot Features | Acreage,Airstrip,Rolling Slope,Tank/ Pond |
| Vegetation | Partially Wooded |
| Fencing | Cross Fenced,Electric |
| Soil Type | Sandy Loam |
| Horse Amenities | Arena,Barn(s),Electric to Barn,Hay Barn,Indoor Arena,Living Quarters,Round Pens,Stable(s),Tack Room,Water to Barn |
| Other Structures | Airplane Hangar,Barn(s),Covered Arena,Guest House,Private Hangar,Residence,Second Residence,Stable(s),Workshop w/Electric |
| Parking Features | Additional Parking,Workshop in Garage |
| Lot Size | 50 to =< 100 Acres |
| Covered Spaces | 1 |
| Lot Size Area | 96.1270 |
| Lot Size Units | Acres |
| Farm Ranch Features | Fenced for Horses |
| Structural Style | Farm/Ranch House,Single Detached |
| Road Frontage Type | City Street,County Road,FM Road |
| Lot Size Square Feet | 4187292.1200 |
| Lot Size Acres | 96.1270 |
| Patio And Porch Features | Covered,Front Porch |
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
Property vs Single Family Average in 75778
Price
Year Built
Visits
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