$445,000
- 2 Beds
- 2 Baths
- 1,280 Sq Ft
401 E Pearl St Unit 2204, Granbury, TX 76048
Pam Knieper
Knieper Realty, Inc.
(682) 899-2775
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Lipan is a small Texas city with a population of less than 500, known for its strong community spirit centered around basketball and rodeo events. Many homes come with lots of land, which appeals to people who raise and train horses. The new Wilson Ridge subdivision is bringing new homes to the area, attracting many buyers, particularly families. The boys and girls basketball teams at Lipan High School have each won several state titles. The high school is part of the highly rated Lipan Independent School District, which has an elementary, junior high and high school on one campus. Local businesses include Eagle Mountain Farmhouse Cheese Co. and Texas Flatbread House. Kickapoo Memorial Park hosts the annual Kickapoo Festival featuring a car show and barbecue. Golf enthusiasts can enjoy rounds at Sugar Tree Golf Club. The city is located near Stephenville, known as the Cowboy Capital of the World, providing ample opportunities for rodeo and jackpot events. I-20 passes to the north, and it extends 55 miles east to Fort Worth.
On average, homes in Lipan, TX sell after 129 days on the market compared to the national average of 55 days. The median sale price for homes in Lipan, TX over the last 12 months is $489,250, down 17% from the median home sale price over the previous 12 months.