Lipan, TX 76462
$1,475,000List Price
$11,067 Est. Mo. Payment
For a given home price of $1,475,000, the monthly mortgage is computed using a 5% down payment ($73,750) and a 7.5% annual interest rate, spread over 360 payments.
3
2
0
1,461ft2

Lani Rust

Keller Williams Brazos West

, TX

Status

Available

Market MatchUP

How this home compares to similar 3 bedroom homes in Lipan
  • Price Comparison
    $558,497 higher
  • Home Size
    561 sq. ft. smaller
  • Built in 1992
    Older than 85% of homes in Lipan
  • Lipan Snapshot
    46 active listings
    45% have 3 bedrooms
    • Typical 3 bedroom size: 2022 sq. ft.
    • Typical 3 bedroom price: $916,502

Description

Rolling beauty in Lipan, where history, nature, and country living come together. At its heart is a picturesque 2-acre lake once known by residents as City Lake, a gathering spot where families fished, picnicked, and made memories years ago. Today, it still carries that same peaceful charm, joined by the scenic Kickapoo Creek that borders the property along the south side. The landscape is as diverse as it is beautiful, with sandy bottom land, mossy rock outcroppings, elevated views, and an approx. 4.5-acre coastal field that’s ideal for grazing or hay production. An additional pond provides another water source for livestock or wildlife, which is plentiful here—deer, turkey, fox, and even a resident wild peacock make this property their home. The land is cross-fenced and well-suited for both horses and cattle. Improvements include a gated entrance, a 30x40 workshop with 16’ lean-to, and a rustic horse barn with 3 stalls and a set of pens attached, making livestock handling simple and convenient. Near the lake, a small bunkhouse offers extra space for guests or a cozy retreat for weekends by the water, complete with a fire pit for gathering under the stars. The main home is a two-story, 3-bedroom, 2-bath residence—ideal as a weekend getaway or full-time living. With multiple building sites scattered across the property, you have the option to expand, build your dream ranch estate, or simply enjoy the quiet charm of what’s already here. From its historic lake and flowing creek to the horse facilities, bunkhouse, and rolling terrain, this is more than a property—it’s a place to slow down, appreciate the land, and create memories for generations to come.

MLS Listing ID

21044692

Listed By

Lani Rust
(817) 454-6676
Keller Williams Brazos West

Map

High School
Lipan
Elementary School
Lipan
High School District
Lipan ISD
Middle Or Junior School
Lipan
Tax Annual Amount
2094
This expanded setting will include additional fields to closer define your loan needs and payment amount.
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$
%

Estimated Monthly Payment

$11,067

Loan Amount

$1,401,250

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
2

Kitchen

Appliances

  • Gas Range
  • Electric Water Heater
  • Plumbed For Gas
  • Refrigerator
  • Some Gas Appliances
  • Microwave
  • Dishwasher

Laundry

Laundry Features

  • Washer Hookup
  • Electric Dryer Hookup
  • Laundry in Utility Room
  • Dryer Hookup

Highlights

Interior Features

  • Granite Counters
  • Pantry
  • Walk-In Closet(s)
  • High Speed Internet
  • Vaulted Ceiling(s)

Roof

  • Asphalt

Sewer

  • Aerobic Septic

Levels

  • Multi/Split

Cooling

  • Electric
  • Central Air
  • Ceiling Fan(s)

Fencing

  • Perimeter
  • Pipe
  • Cross Fenced
  • Wire
  • Barbed Wire
  • Gate
  • Electric
  • Fenced

Current Use

  • Horses
  • Pasture
  • Livestock
  • Recreational
  • Grazing
  • Cattle
  • Single Family
  • Residential
  • Ranch
  • Agricultural
Lot Size Acres
68.67
Parcel Number
R000040643

Pool Features

  • None
Property Type
Residential
Waterfront

Window Features

  • Window Coverings

Parking Features

  • Circular Driveway
  • Driveway
  • Electric Gate
Property Sub Type
Single Family Residence

Exterior Features

  • Dog Run
  • Fire Pit
  • Rain Barrel/Cistern(s)
  • Rain Gutters

Road Frontage Type

  • County Road
  • All Weather Road

Fireplace Features

  • Wood Burning Stove

Waterfront Features

  • Lake Front

Patio And Porch Features

  • Rear Porch
  • Deck
  • Side Porch
Virtual Tour
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Flooring

  • Wood
  • Stone
Year Built
1992

Road Surface Type

  • Asphalt
  • Gravel

Foundation Details

  • Pillar/Post/Pier

Architectural Style

  • Detached
  • Farmhouse

Heating

  • Electric
  • Central
Heating

Utilities

  • Septic Available
  • Electricity Connected
  • Water Available
  • Propane
10/20/2025
Active
(Current Listing)
$1,475,000
$1,010/sqft
10/18/2025
Price Change
$1,475,000 -1.7%
$1,010/sqft
8/31/2025
Price Change
$1,500,000
$1,027/sqft