20531 S Fm 4
Lipan, TX, 76462
$
544,995
Bedrooms2
Baths2.0
Sq
1,991
Monthly Estimate*
$
3,400
for $544,995 with 2 bedrooms and 2 full baths. This 1,991 square foot home was built in 2012 on a lot size of 3.44.
Endless Possibilities Await! Discover the perfect blend of comfort, versatility, and country living on 3.44 well maintained acres in the highly sought after Santo ISD, just outside the city limits. This unique property features two homes, a guest cottage, a large insulated shop with office, and an RV parking pad, offering multiple living, rental, or business opportunities all in one location! The main home is 1,991 sq ft features 2 bedrooms, 2 bathrooms, a spacious living area, utility room, and a large game room, plus a covered carport and patio. The second home is 840 sq ft featuring 2 bedrooms, 1 bath, a comfortable living room, full kitchen, utility room, outdoor shower, and covered porches- perfect for guests or rental income. A charming 144 sq ft cottage adds an extra private space for additional guests.. The 30x40 foam insulated shop includes a 20x15 office and bathroom, ideal for a home based business or hobby area. Water sources include co-op water for one home and well water for the other. Conveniently located between Stephenville, Granbury, Mineral Wells, and Gordon, you will have easy access to shopping, restaurants, medical facilities and more. Live, rent, and work all from one property!
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Features
Interior
Interior Features
Cathedral Ceiling(s)
Eat-in Kitchen
High Speed Internet Available
In-Law Suite Floorplan
Open Floorplan
Other
Flooring
Concrete
Laminate
Basement Y/N
0
Dining Areas
1
Living Areas
1
Half Baths
0
Total Bedrooms
2
Total Baths
2
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General
Heating
Central
Electric
Cooling
Ceiling Fan(s)
Central Air
Wall Unit(s)
Utilities
All Weather Road
Co-op Electric
Co-op Water
Electricity Connected
Individual Gas Meter
Individual Water Meter
Outside City Limits
Septic
Well
Possession
Closing/Funding
Roof
Metal
Appliances
Dishwasher
Electric Range
Electric Water Heater
Gas Range
Microwave
Plumbed For Gas in Kitchen
current use
Horses
Livestock
Recreational
Restrictions
No Known Restriction(s)
School District
Santo ISD
Pool Y/N
0
Year Built
2012
Levels
One
Property Subtype
Single Family Residence
Subdivision Name
none
Transaction Type
For Sale
Occupant Type
Owner
County
Palo Pinto
Property Type
Residential
Construction Materials
Steel Siding
HOA Type
None
Special Notes
Aerial Photo
Full Baths
2
Status
Active
Directions
From I-20 take US 281 South to FM 4
turn right on FM 4 and property is approximately 2.7 miles on the right. GPS friendly. SOP
City
Lipan
Elementary School Name
Santo
High School
Santo
Elementary School
Santo
Standard Status
Active
Listing Terms
1031 Exchange
Cash
Conventional
FHA
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Exterior
Waterfront
0
Exterior Features
Covered Patio/Porch
Rain Gutters
Outdoor Shower
Private Entrance
RV Hookup
Storage
Lot Features
Acreage
Hilly
Lrg. Backyard Grass
Many Trees
Tank/ Pond
Fencing
Cross Fenced
Perimeter
Other
Other Structures
Bunk House
Guest House
Outbuilding
Second Residence
See Remarks
Storage
Workshop w/Electric
Parking Features
Attached Carport
Covered
Driveway
Electric Gate
RV Access/Parking
Secured
Lot Size
3 to < 5 Acres
Foundation
Slab
Structural Style
Farm/Ranch House
Garage Y/N
0
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* Excluded Features
List By
Levi Gutierrez
Listing Agent
Maverick Land Group, Llc
Broker
Affordability Calculator
- Monthly Principal & Interest
- $3,400
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Single family listings in Lipan, TX
Average List Price
$1,009,127
Percent of Sale Price
85%
About Lipan, TX
405
Population
27%
Since 2002
$
54,423
Median Income
44.45
Median Age
27%
Households with Children
Trends Information provided by ATTOM Data Solutions.
287909
Elementary School
5136273
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
11/6/2025
|
$544,995
|
|
Listed Price
|
20531 S Fm 4, Lipan, TX, 76462 is a Single Family Home for sale at $544,995 with 1,991 sqft and a lot size of 3.44. 20531 S Fm 4 has 2 bedrooms, 2.0 baths, and was built in 2012. The property's zip code is 76462 which is in Lipan, TX