
Status: Active
20531 S FM 4
Lipan, TX 76462
$550,000
------/mo*
CalculateUNIQUE MULTI-HOME PROPERTY on 3.44 ACRES in Highly-Rated Santo ISD — Additional Land Available! Endless opportunities await just outside city limits! This rare and versatile multi-home property sits on 3.44 unrestricted acres in the sought-after Santo ISD—with the option to purchase more land! The main residence is a spacious 1,991 sq ft home featuring 2 large bedrooms, 2 full baths, and an oversized game room perfect for entertaining. Enjoy year-round comfort on the covered patio and carport. The second home offers 840 sq ft, 2 bedrooms, 1 bath, a cozy living area, full kitchen, utility room, and covered front and back porches—plus a rustic outdoor cowboy shower. Ideal for guests, rental income, or multigenerational living! Need even more space? The 144 sq ft detached cottage is equipped with a mini-split system and makes a great guest suite, office, or storage area. A standout feature is the 30 x 40 foam-insulated shop, complete with a 20 x 15 office, full bathroom, and endless space for a home business, car collection, or workshop. Separate electric meters for each structure .Main home on co-op water, other structures on well water .RV hookup already in place This property offers the freedom to live, rent, or run a business—all from one location! Whether you’re an investor, a growing family, or someone looking for a work setup, this is your chance to own a truly unique setup with room to grow. Ask about purchasing additional acreage to expand your vision!
We have contacts for lenders for this specific property
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 126 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
$3,556
30 year fixed·6.9% interest rate
- Principal & Interest
- $2,898
- Property Taxes
- $458
- Home Insurance
- $200
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.