2387 Fm 503
ActiveColeman, TX 76834
Capitol Ranch Real Estate · MLS# 9804510 · Active
$3,950,000
$658/sqft
Beds
5
Baths
6
Sq Ft
6,000
Acres
392
Built
2002
Type
Single Family
About This Home
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.
Interior
- Features
- See Remarks
- Appliances
- See Remarks
- Flooring
- Concrete, Laminate
- Cooling
- See Remarks
- Heating
- See Remarks
- Fireplaces
- 2
- Levels
- Two
Exterior & Lot
- Exterior
- Balcony, Barbecue, Gray Water System, Gas Grill, Lighting, No Exterior Steps, Outdoor Grill, Private Entrance, Private Yard
- Lot
- Agricultural, Back Yard, Cleared, Farm, Few Trees, Front Yard, Garden, Private, Private Maintained Road, Rolling Slope, Sloped Down, Sloped Up
- Parking
- Additional Parking, Attached, Detached, Garage, Oversized
- Garage spaces
- 3
- Covered spaces
- 3
- Fencing
- Back Yard, Barbed Wire, Chain Link, Fenced, Front Yard, Full, Gate, Livestock, Pipe, Wire
- View
- Garden, Hill Country, Lake, Panoramic, Pasture, Pond
- Waterfront
- Yes
- Condition
- Resale
Community & Schools
- Community
- Airport/Runway, BBQ Pit/Grill, Covered Parking, Fishing, Fitness Center, Game/Rec Rm, Garage Parking, High Speed Internet, Hot Tub, Housekeeping, Kitchen Facilities, Lake, Lock and Leave, Lounge, Media Center/Movie Theatre, Stable(s), Storage, Underground Utilities
- Elementary
- Outside School District
- Middle
- Outside School District
- High school
- Outside School District
- District
- Panther Creek Cisd
Location
2387 Fm 503 · Coleman, TX 76834
Keep Looking
More homes like this.

Listings courtesy of Unlock MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of May 3, 2026 at 2:26 PM CDT (date and time MLS GRID Data was obtained). 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.
IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Properties displayed may be listed or sold by various participants in the MLS. Any use or search of data on this website, other than by a consumer looking to purchase real estate, is prohibited. DMCA notice.
$3,950,000
2387 Fm 503
