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Status: Active

20531 S FM 4 
Lipan, TX 76462

1% Drop

$550,000

$544,995

------/mo*
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Multi-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!
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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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Interior 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
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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