
Status: Active
227 W Lipan Dr
Lipan, TX 76462
$899,900
------/mo*
CalculatePro Trainer’s and Horseman's Dream Facility – 20 AG-Exempt Acres in Lipan, TX (PROFESSIONAL PHOTOS JUST ADDED!!!)
Built with the serious horse professional in mind, this turn-key equestrian facility offers everything needed to train, host, and thrive—whether you're focused on cutting, reining, or any other performance horse sport. Situated on 20 AG-exempt acres in highly sought-after Lipan, Texas, this property delivers function, comfort, and room to grow.
At the heart of the ranch is a well-appointed 2-bedroom, 2-bathroom barndominium with an inviting open-concept layout—perfect for relaxing after a day in the saddle( space to add a 3rd bedroom is available). A separate 1-bedroom, 1-bathroom guest house provides ideal accommodations for staff, clients, or visitors.
The training facilities are dialed in and ready to work:
• A 225' x 160' pipe-fenced outdoor arena with return alley and holding pens—perfect for cutting, sorting, or working young horses. Room to expand arena to accommodate ropers needs!
• A 4-stall show barn with individual runs, air-conditioned tack room, and wash area
• A brand-new 4-stall shed-row barn offering additional capacity
• Five fenced paddocks (three with loafing sheds) plus a large open pasture for rotation or grazing
Towering oaks and a stocked bass pond create a beautiful natural backdrop, while scenic trails and abundant wildlife add to the tranquil, private atmosphere. Two RV or trailer hookups and a storage building add to the property's versatility.
Located just 30 minutes from both Stephenville and Weatherford with easy access to Hwy 281, this facility is as convenient as it is complete.
Whether you're training for competition, building your horse program, or simply a horse lover this ranch is built to support your goals from day one. Additional 20 - 25 acres adjacent is available. Contact listing agent for details.
Read more- Bedrooms
- 2
- Baths
- 2
- House Size
- 1,480 sqft
- Year Built
- 2014
- Lot Size
- 19.85 ac
- School District
- Lipan 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
- Electric Oven
- Electric Range
- cooling
- Ceiling Fan(s)
- Central Air
- Electric
- features
- Open Floorplan
- Walk-in Closet(s)
- High Speed Internet
- fireplace
- Living Room
- Wood Burning Stove
- flooring
- Laminate
- heating
- Central
- Electric
Exterior Information
- features
- Rain Gutters
- Private Entrance
- Rv Hookup
- Storage
- fence
- Cross Fenced
- Partial
- Wire
- Fenced
- roof
- Metal
Property Information
- architectural style
- Barndominium
- construction
- Metal Siding
- foundation
- Slab
- lot
- Cleared
- Wooded
- Few Trees
- Level
- Many Trees
- Pasture
- Rolling Slope
- parking
- Driveway
- Gravel
- sewer
- Septic Tank
- subdivision name
- None
- utilities
- Cable Available
- water source
- Public

- Listed By Stephanie Johnson
- (817) 565-9808
- Keller Williams Heritage West
- (817) 441-4000
- broker@onewestgroup.com
- MLS 20942081
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
---|---|---|---|---|
2024 | $1,914 (-0.3%) | $44,000 | $272,820 | $316,820 (-0.5%) |
2023 | $1,920 (-64.6%) | $37,000 | $281,390 | $318,390 (-5.8%) |
2022 | $5,429 (+41.8%) | $25,000 | $312,980 | $337,980 (+51.4%) |
2021 | $3,829 | $22,000 | $201,210 | $223,210 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$5,201
30 year fixed·6.9% interest rate
- Principal & Interest
- $4,741
- Property Taxes
- $160
- Home Insurance
- $300
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.