Price Reduced Listing
$1,999,999
 $10,736 est/mo Sourced by Back At You

7111 Fm 2339,Murchison, TX 75778

Murchison, TX 75778

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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.

Details

MLS #21099592
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2011
Days On Site299
Listing Provided ByBriggs Freeman Sotheby's Int'l | David Burgher

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet640
Car PortYes
Story(s)1
Acreage96.13

Interior

Room Count2
CoolingCeiling Fan(s), Electric
HeatingElectric
Interior FeaturesCable TV Available, Decorative Lighting, Eat-in Kitchen, Open Floorplan
Window FeaturesWindow Coverings
AppliancesRefrigerator

Exterior

Exterior FeaturesCovered Patio/Porch, Fire Pit, Private Landing Strip, Stable/Barn
Security FeaturesSecurity Lights
Construction MaterialsWood
Lot FeaturesAcreage, Airstrip, Rolling Slope, Tank/ Pond
TopographyGently rolling landscape, w open pastures, wooded areas, natural vegetation

Parking

Garage Yn0
Attached Garage Yn0
Parking FeaturesAdditional Parking, Workshop in Garage

Utilities

UtilitiesAll Weather Road, Electricity Connected, Well

Taxes

Unexempt Taxes17

Area Information

StateTX
CountyVan Zandt
CityMurchison
Zip Code75778
AreaVan Zandt
Community NameJ Graff
School DistrictBrownsboro ISD
Elementary SchoolBrownsboro
High SchoolBrownsboro
Listing VS Median (in J Graff)
Price:
$1,999,999
low | high
Med:
$1,999,999
50% of Average
sqft:
640
low | high
Med:
640
50% of Average
$ / sqft:
$3,125
low | high
Med:
$3,125
50% of Average
On site:
299
low | high
Med:
299
100% of Average
Sourced by Back At You

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyVan Zandt
CityMurchison
Zip Code75778
AreaVan Zandt
Community NameJ Graff
School DistrictBrownsboro ISD
Elementary SchoolBrownsboro
High SchoolBrownsboro
Listing VS Median (in J Graff)
Price:
$1,999,999
low | high
Med:
$1,999,999
50% of Average
sqft:
640
low | high
Med:
640
50% of Average
$ / sqft:
$3,125
low | high
Med:
$3,125
50% of Average
On site:
299
low | high
Med:
299
100% of Average
Sourced by Back At You
Listing Updated: August 13, 2026 at 10:10:26 AM PDT