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Residential Land with Home for Sale in Lipan, Texas

20531 S FM 4, Lipan, TX 76462

$544,995
3.44 acres
Active
Est $3,411/mo

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!

1,991
Sq feet
2
Beds
2
Full baths
2012
Built

Location

Street address
20531 S FM 4
Elevation
955 feet
Coordinates
32.5251, -98.1701

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

NameLevelDistrictDescription
SantoElementary

Listing history

DateEventPriceChangeSource
Sept 23, 2025Price drop$544,995$5,005 -0.9%NTREIS
June 7, 2025Back on market$550,000NTREIS
June 5, 2025Under contract$550,000NTREIS
May 14, 2025New listing$550,000NTREIS
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This 3.44-acre property is located at 20531 S FM 4 in Lipan, TX 76462. The property is available for sale for $544,995. It has a 1,991 sq ft 2 bedroom, 2 bath house built in 2012.

Checked 1 hour ago — Updated

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