20531 S Fm 4, Lipan, TX 76462
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: levi gutierrez
Office: maverick land group, llc.
MLS#:21105697
Source:GDAR
Price summary
- Price:$544,995
- Price per sq. ft.:$273.73
About this home
Live, Earn, and Grow, All in One Property!
Opportunities like this are hard to find. Sitting on 3.44 beautifully maintained acres in highly sought-after Santo ISD, just outside city limits, this one of a kind property is built for multi-generational living, rental income, or a home based business. With three separate living spaces, the possibilities are wide open. The main home 1,991 sq ft offers a spacious layout with 2 bedrooms, 2 bathrooms, a large living area, utility room, and an oversized game room perfect for entertaining or easily converting into additional living space. Enjoy quiet evenings under the covered patio and the convenience of a covered carport. The second home 840 sq ft is fully equipped with 2 bedrooms, 1 bath, full kitchen, utility room, and inviting covered porches. Whether used for rental income, extended family, or guests, it’s completely move-in ready. An added bonus outdoor shower for that true country feel. The charming cottage 144 sq ft provides a private retreat ideal for guests, an office, or creative space. For work or hobbies, the 30x40 foam insulated shop with a 20x15 office and bathroom is a standout feature perfect for running a business, storing equipment, or creating the ultimate workshop. The property is set up for flexibility with co op water and well water, adding efficiency and value. Location seals the deal conveniently positioned between Stephenville, Granbury, Mineral Wells, and Gordon, giving you quick access to dining, shopping, and medical facilities while still enjoying peaceful country living. Whether you want to live in one home and rent the others, create a family compound, or run your business from home this property delivers. Don’t miss your chance to own a truly versatile property with income producing potential schedule your showing today!...
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Home facts
- Year built:2012
- Listing ID #:21105697
- Added:380 day(s) ago
- Updated:May 22, 2026 at 11:43 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:2
- Flooring:Concrete, Laminate
- Kitchen Description:Dishwasher, Electric Range, Gas Range, Microwave
- Living area:1,991 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Wall Units
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2012
- Building area:1,991 sq. ft.
- Lot area:3.44 Acres
- Lot Features:Acreage, Lawn, Many Trees, Rolling Slope
- Construction Materials:Steel Siding
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Santo
- Middle school:Santo
- Elementary school:Santo
Utilities
- Water:Well
Finances and disclosures
- Price:$544,995
- Price per sq. ft.:$273.73
Features and amenities
- Appliances:Dishwasher, Electric Range, Electric Water Heater, Gas Range, Microwave, Plumbed For Gas, Some Gas Appliances
- Amenities:Prewired, Window Coverings
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