
Residential Land with Home for Sale in Lipan, Texas
20531 S FM 4, Lipan, TX 76462
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!
Location
- Street address
- 20531 S FM 4
- County
- Palo Pinto County
- Elevation
- 955 feet
Property details
- Acreage
- 3.44 acres
- MLS #
- NTREIS 21105697
- Posted
Parcels
- 5139
Resources
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Parking
- Carport, Covered, Driveway, RV, Secured
- Fencing
- Fenced
- Outdoor Spaces
- Patio, Porch
- Structures
- Storage
- Features
- Covered Patio/Porch, Fence, Outdoor Shower, Private Entrance, RV Hookup, Rain Gutters
Structure
- Stories
- 1
- Heating
- Central, Electric
- Cooling
- Ceiling Fan(s), Central Air, Multi Units, Wall Unit(s)
- Materials
- Steel Siding
- Roof
- Metal
Interior
- Rooms
- Bathroom x 2, Bedroom x 2
- Flooring
- Concrete, Laminate
- Appliances
- Dishwasher, Gas Range, Microwave, Range, Washer
- Features
- Cathedral Ceiling(s), Eat-In Kitchen, High Speed Internet Available, In-Law Suite Floorplan, Open Floorplan
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Santo | Elementary | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 23, 2025 | Price drop | $544,995 | $5,005 -0.9% | NTREIS |
| June 7, 2025 | Back on market | $550,000 | — | NTREIS |
| June 5, 2025 | Under contract | $550,000 | — | NTREIS |
| May 14, 2025 | New listing | $550,000 | — | NTREIS |
























