Section Image

Lipan

Lipan

Located in Hood County

$491,486 Average Value
$406 Average Price per Sq Ft
38 Homes For Sale

Basketball, churches and rodeo create community in Lipan

To get a sense of what’s important in Lipan, look no further than Lipan Cowboy Church. When adults, kids and dogs aren’t filling the church for worship, it hosts Monday night roping practices, a popular event in this part of Texas horse country. Meanwhile, the church is installing a basketball court, a welcome addition in a town where the high school has won five basketball state titles in less than a decade. Lipan is a small city of less than 500 people, but its success on the basketball court is known statewide, and its reputation as a place to raise horses and families draw new residents from other states.

Rural homes and a new subdivision

Lipan’s spacious tracts of land and location near Stephenville, called the Cowboy Capital of the World, make it attractive to anyone involved with raising, training or competing with horses. “You move here, and you either have a rodeo or jackpot or some kind of horse event going on within 30 minutes every day,” says Jade Addison, a Realtor at Clark Real Estate Group and a Lipan resident. And many homes here reflect that cowboy culture, as houses may sit on a few acres or come with dozens of acres, a barn and stables.

New homes are for sale in Wilson Bend, Lipan’s first new-construction neighborhood. Some locals, including Addison, initially opposed its construction, afraid it would change the character of the community. But as homes have been finished and families have moved in, Addison’s opinion has changed. “It’s been a blessing for young families moving in. You drive by there, and you see kids playing in the yard together and riding their bikes up and down the road,” she says. “It looks like a scene out of ‘The Sandlot’ every day when you drive by.”

How much homes cost in Lipan

Land often dictates prices in Lipan’s housing market. Houses on 2 or fewer acres usually sell from the mid-$200,000s to the upper $500,000s. Homes with 3 to 10 acres have recently sold from the mid-$600,000s to $1.1 million. Houses on lots of 10-plus acres can fetch up to $3.3 million.

Three schools on one campus at Lipan Independent School District

The highly rated Lipan Independent School District serves the community. The district’s elementary, junior high and high school share one campus in the heart of the city. Small Texas towns are often synonymous with high school football, but there are no Friday night lights in Lipan. Instead, Lipan High School basketball is the local obsession. The girls team captured state titles in 2021, 2023 and 2026, while the boys team won state championships in 2023 and 2024. Those are just the most recent state titles claimed by the school. “Our third and fourth grade basketball teams have more passion and love for it than most towns’ college teams have,” Addison says.

Driving to Dallas and Fort Worth

Interstate 20 passes Lipan to the north, and you can take the highway to Fort Worth, about 55 miles away. During rush hour, the drive can take up to an hour and 20 minutes. It’s a longer 85-mile drive to Dallas, which can take two hours or more. Other notable destinations include:

  • Granbury, an upscale waterfront city with a historic town square, is 20 miles away.
  • Arlington, where the Dallas Cowboys play home games at AT&T Stadium and the Texas Rangers play at Globe Life Field, is 70 miles away.
  • Dallas Fort Worth International Airport, one of the nation’s most-traveled airports, is 75 miles away.

Hand-made cheese, local wine and the Kickapoo Festival

You can sample the fruits of Texas farmers’ labor at nearby businesses. To the south, Bluff Dale Vineyards pours wine at a hilltop tasting room. Eagle Mountain Farmhouse Cheese Co. in Lipan uses milk from a small dairy farm to hand-make its cheeses. The founder of the cheese shop opened Texas Flatbread House down the street to combine small-batch cheese with wood-fired pizza.

One of the only parks in the area is Kickapoo Memorial Park, home to a playground and baseball field. In October, the Lipan Volunteer Fire Department turns the park into the grounds for the annual Kickapoo Festival, which features a car show and barbecue. Golfers play at Sugar Tree Golf Club, where members and nonmembers can play rounds.

Keeping connected in a rural town

Lipan’s country setting doesn’t come at the cost of cell and internet connectivity. Multiple cell phone carriers operate in the area, providing extensive coverage for calls and data usage. Similarly, internet service providers cover nearly the entire community.

Alex Soderstrom
Written By
Alex Soderstrom

Interested in learning more about homes in this area? Reach out to Jennifer Cox, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Area Facts

Number of Homes
529
Number of Homes for Sale
38
Median Year Built
2004
Months of Supply
9.30
Average Single Family Home Size Sq Ft
2,384
Above the national average
1,931
Median Lot Size Sq Ft
23,522

Open Houses

  • Sunday, May 3
    Open Sun 1PM - 2PM

    525 S Sugartree Dr, Lipan, TX 76462

    $799,999

    • 7 Beds
    • 5 Baths
    • 4,152 Sq Ft
    • 525 S Sugartree Dr

    Massive multigenerational property offering a total of approximately 5,042 square feet of living space. The main residence spans 4,152 square feet per MLS, with an additional 890 sq ft private apartment above the garage that is not reflected in the MLS square footage. This separate living space includes two bedrooms, one bathroom, and a full kitchen—space you truly have to see to appreciate.

    Misty Leatherwood Cates & Company

    Section Image

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Lipan Has More Owners

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$4,900
Median Single Family Home Rent
$1,950
Median 4 Bedroom Single Family Home Rent
$3,700

Demographics

Total Population
486
Median Age
42
Population under 18
25.5%
On par with the national average
23.8%
Population over 65
21.2%
On par with the national average
19.1%

Finances

Median Household Income
$67,031
Below the national average
$79,597
Average Household Income
$78,238

Education and Workforce

High School Graduates
89.9%
College Graduates
22.9%
Below the national average
34.1%
Advanced Degrees
3.6%
Below the national average
13.3%
% Population in Labor Force
65.2%

Weather

Annual Precipitation
34''
Average Winter Low Temperature
30°F
Average Summer High Temperature
95°F
Annual Snowfall
0''

Area Factors

Somewhat friendly

Bike Score®®

30 / 100

Somewhat friendly

Walk Score®®

20 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lipan
Jennifer Cox
Arise Capital Real Estate
Section Image