
Status: Active
20531 S FM 4
Lipan, TX 76462
1% Drop
$550,000
$544,995
------/mo*
CalculateMulti-Home property on 3.44 acres in Santo ISD- Income Potential, Expansion Options & No Restrictions. A rare find in the highly rated Santo ISD, this unique property offers 2 separate living spaces, a large shop, and endless opportunities just outside of the city limits. Need more room? Additional land is available! The main home, 1,991 sq ft features 2 bedrooms, and 2 full baths, with a large game room perfect for entertaining. The second home, 840 sq ft features 2 bedrooms, 1 full bath, utility area, covered front and back porches, and even a cowboy shower. Also featured is a 144sq ft cottage that can be used as an office, studio, or a guest suite as well. The 30x40 insulated shop is a true standout, featuring an office, bathroom, and plenty of space for a workshop, home business, or a car collection. Additional features include, separate electrical meters for each structure, the main home is ran off of co-op water, as well as the shop, all other structures are ran off of well water, and a RV hookup. With no restrictions this property is ideal for multigenerational living, short term rentals, or running your own business from home. Bring your vision and expand with more acerage, and make this versatile property your own!
Read more- Bedrooms
- 4
- Baths
- 3
- House Size
- 1,991 sqft
- Year Built
- 2012
- Lot Size
- 3.44 ac
- School District
- Santo ISD
Location
Market Insights
In the last 30 days, homes for sale in 76462, Lipan, TX were on the market for a median of 177 days and 0% of homes sold above list price.

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Start TourInterior Information
- appliances
- Dishwasher
- Electric Range
- Electric Water Heater
- Gas Range
- Microwave
- cooling
- Ceiling Fan(s)
- Central Air
- Wall Unit(s)
- features
- Cathedral Ceiling(s)
- Eat-in Kitchen
- Open Floorplan
- Other
- High Speed Internet
- In-law Floorplan
- flooring
- Concrete
- Laminate
- heating
- Central
- Electric
- laundry features
- Electric Dryer Hookup
- Washer Hookup
Exterior Information
- features
- Rain Gutters
- Outdoor Shower
- Private Entrance
- Rv Hookup
- Storage
- fence
- Cross Fenced
- Perimeter
- Other
- Fenced
- road surface
- Gravel
- roof
- Metal
Property Information
- construction
- Steel Siding
- foundation
- Slab
- lot
- Many Trees
- other structures
- Guest House
- Outbuilding
- Second Residence
- See Remarks
- Storage
- Workshop
- parking
- Attached Carport
- Covered
- Rv Access/parking
- Secured
- sewer
- Septic Tank
- subdivision name
- None
- utilities
- Electricity Connected
- water source
- Well

- Listed By Levi Gutierrez
- levi@mavericklandgroupllc.com
- Maverick Land Group, LLC
- (830) 591-9840
- MLS 20928138
Monthly Payments Calculator
Estimated Monthly Cost
$3,526
30 year fixed·6.9% interest rate
- Principal & Interest
- $2,871
- Property Taxes
- $454
- Home Insurance
- $200
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.