TX > Lipan > Old Wd Ranch Ph I Sec D
Lipan, TX 76462,15313 Margarita Court
Lipan, TX 76462,15313 Margarita Court
Lipan, TX 76462,15313 Margarita Court
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$4,395,000
Est. payment /mo
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5 Beds
7 Baths
4,103 SqFt
New

15313 Margarita Court Lipan, TX 76462

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Tiyanica "Ty" Gray

Tiyanica "Ty" Gray

+1(469) 408-3306

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Farm/Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 4,103 sqft

Price per Sqft $1,071

Subdivision Old Wd Ranch Ph I Sec D

MLS Listing ID 20969211

Style Modern Farmhouse

Bedrooms 5

Full Baths 5

Half Baths 2

HOA Y/N None

Year Built 2021

Annual Tax Amount $11,288

Lot Size 69.000 Acres

Acres 69.0

Property Sub-Type Farm/Ranch

Property Description

Welcome to VERAI, bold and breathtaking fusion of modern luxury and ranch style autonomy, set on 69 expansive, cross fenced acres just 25 minutes from the city. Designed as a fully self-sufficient smart estate, this is more than a home, it's a destination for those who desire elegance, privacy, and the freedom to expand. Step through the grand entry into an atmosphere of clean lines and curated design. The main residence offers 5 full bedrooms, 7 luxurious bathrooms, plus a private guest house, all controlled effortlessly through Control4 smart home technology, including sound, lighting, and security. Anchored by a sleek chef's kitchen, custom dry bar, wet bar, and a dramatic gas fireplace, the interior exudes warmth and modernity. Every space is crafted for both intimate living and grand scale entertaining, with soaring ceilings and seamless flow into multiple living areas, offices, and formal spaces. The primary suite is a true sanctuary, featuring dual spa style bathrooms and two expansive walk-in closets. Each additional bedroom is en suite, offering comfort and privacy for guests or family alike. A private resort, heated pool and spa, putting green, outdoor kitchen, multiple ponds, and luxury lounging spaces beckon under open Texas skies. The property includes a generator, four wells, a full barn with attached pens, and is already equipped with cross fencing for livestock or equestrian use. With room to build additional residences, VERAI is ready to become a multi-generational compound or a curated retreat estate. Whether you seek bold adventure, quiet retreat, or legacy living this is your canvas.

Location

State TX

County Hood

Direction Hwy 20 to Dennis Rd go south on Dennis Rd for 5.5 miles turn left on 1189 go 16 miles turn right on FM 4 E Lipan Dr, go .2 miles to 1189 S Caddo St. next go 1.4 Star Hollow Rd., go 1.2 miles turn right on Boswell Ct, next go 1.2 miles turn right on Margarita Ct. go .2 miles turn left into driveway

Rooms

Dining Room 1

Interior

Interior Features Built-in Features, Built-in Wine Cooler, Cable TV Available, Chandelier, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Smart Home System, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Wired for Data, Second Primary Bedroom

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment

Flooring Carpet, Concrete, Cork

Fireplaces Number 2

Fireplaces Type Gas, Living Room, Outside, Wood Burning

Appliance Built-in Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Tankless Water Heater, Water Softener

Heat Source Central, Electric

Exterior

Exterior Feature Attached Grill, Covered Patio/Porch, Gas Grill, Outdoor Kitchen, Outdoor Shower, Storm Cellar

Garage Spaces 4.0

Fence Cross Fenced, Fenced, Metal, Pipe

Pool In Ground, Outdoor Pool

Utilities Available Aerobic Septic, Septic, Well

Roof Type Composition

Total Parking Spaces 4

Garage Yes

Private Pool 1

Building

Lot Description Acreage

Story Two

Foundation Slab

Level or Stories Two

Structure Type Board & Batten Siding

Schools

Elementary Schools Lipan

Middle Schools Lipan

High Schools Lipan

School District Lipan Isd

Others

Ownership of record

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20969211

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2025 North Texas Real Estate Information Systems.
Listed by Joseph Romero • Briggs Freeman Sotheby's Int'l

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agent

Tiyanica "Ty" Gray

Agent | License ID: 0802077

+1(469) 408-3306

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15313 Margarita Court