2387 Fm 503, Coleman TX 76834
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About This Property
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.
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Listing History
| Feb 24, 2026 | Listed | Listing Courtesy of Capitol Ranch Real Estate - Colton@CapitolRanch.com | $3,950,000 |
Frequently Asked Questions About 2387 Fm 503, Coleman TX 76834
When was 2387 Fm 503, Coleman TX 76834 built?
2387 Fm 503, Coleman TX 76834 was built in 2002.
How much does 2387 Fm 503, Coleman TX 76834 cost?
2387 Fm 503, Coleman TX 76834 is listed for sale at $3,950,000. That is $658 per square foot.
How many bedrooms and bathrooms does 2387 Fm 503, Coleman TX 76834 have?
2387 Fm 503, Coleman TX 76834 has 5 bedrooms and 6 bathrooms (5 full, 1 half) with 6,000 square feet of living space.
What school district is 2387 Fm 503, Coleman TX 76834 in?
2387 Fm 503, Coleman TX 76834 is in the Panther Creek Cisd school district. Assigned schools include Outside School District (elementary), Outside School District (middle), Outside School District (high school).
What are the property taxes on 2387 Fm 503, Coleman TX 76834?
The annual property taxes on 2387 Fm 503, Coleman TX 76834 are $10,164 (as of 2025).
How big is the lot at 2387 Fm 503, Coleman TX 76834?
The lot at 2387 Fm 503, Coleman TX 76834 is 2.645 acres, and the home has 6,000 square feet of living space.
What type of property is 2387 Fm 503, Coleman TX 76834?
2387 Fm 503, Coleman TX 76834 is a residential property.
Does 2387 Fm 503, Coleman TX 76834 have a garage?
Yes, 2387 Fm 503, Coleman TX 76834 has a 3-car garage.
Is 2387 Fm 503, Coleman TX 76834 waterfront?
Yes, 2387 Fm 503, Coleman TX 76834 is a waterfront property on See Remarks. Waterfront features include lake front.
What subdivision is 2387 Fm 503, Coleman TX 76834 in?
2387 Fm 503, Coleman TX 76834 is located in the N/A subdivision in Coleman, TX.
How long was 2387 Fm 503, Coleman TX 76834 on the market?
2387 Fm 503, Coleman TX 76834 was on the market for 1 days, listed on February 24, 2026.
What heating and cooling does 2387 Fm 503, Coleman TX 76834 have?
2387 Fm 503, Coleman TX 76834 has see remarks heating and other cooling.
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