1

Lipan, TX Home for Rent

Section Image
  • 31 Maverick Loop, Lipan, TX 76242
    31 Maverick Loop, Lipan, TX 76242
    31 Maverick Loop, Lipan, TX 76242
    /16

    $1,950 Per Month

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • House for Rent

    31 Maverick Loop, Lipan, TX 76242

    Experience the best of country living in this newly constructed 2 bedroom, 2 bathroom barndominium with 2 horse stalls (for an added cost of $300) and 2 covered parking spaces. The open concept floor plan features high ceilings and stained concrete floors. It is perfectly blended Texas charm with modern conveniences. All of the appliances are included plus a full size washer and dryer. There will

    Brandi Huddleston Cates & Company

    31 Maverick Loop, Lipan, TX 76242
Texas Hood County Lipan

Homes for Rent in Lipan, TX

Why Live in Lipan

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.

Learn more about living in Lipan

Frequently Asked Questions

How much does it cost to rent a home in Lipan, TX?
The median rent for a home in Lipan, TX is $1,950 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Lipan, TX?
To comfortably afford the median rent in Lipan, TX, a household needs to earn roughly $78,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,950 per month in Lipan, TX, renters typically need to show $5,850 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lipan, TX?
In Lipan, TX, the price-to-rent ratio is 21.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Lipan, TX

There are currently 1 homes available for rent in Lipan, TX. The median rent is $1,950 per month, with single-family homes renting at $1,950.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,950
Median Single Family Home Rent
$1,950
How to Rent a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group