Seller's Agent in 2025
David Inman
Christie's Lone Star
(817) 771-9819
2 in this area
52 Total Sales
Estimated Value: $1,043,000
3
Beds
2
Baths
1,895
Sq Ft
$550/Sq Ft
Est. Value
Highlights
- Stables
- 14.69 Acre Lot
- Modern Farmhouse Architecture
- Oak Trees
- Open Floorplan
- Vaulted Ceiling
About This Home
As of February 2025Turn key horse property in Lipan Texas. If Looking for a turn-key horse property with all the works then look no further. Located just minutes from town and schools. The home is a custom-built modern farmhouse featuring 3 bedrooms and 2 baths, built in 2022. Features include custom granite counter tops, open concept floor plan, vaulted ceilings, a large primary bathroom, and much more. Other property amenities include 7 horse turnouts, 8 loafing sheds that can be closed and turned into stalls for bad weather. Stalls include heated Ritchie auto waterers and fans. Five of the stalls measure 15'x15' and 3 of the stalls measure 12'x12'. Some of the turnouts include lighting and cameras. Includes a 40'x40' barn with covered parking, a 15'x20' tack room, and a 20'x20' feed room. Two separate RV or Trailer hookups with a 30 amp and 50 amp at each location. The roping arena measures 150'x250' with a team roping and a calf roping side, both including their own return alley for livestock. Chutes included. Lifted striping chute as well. The arena is also currently wired for lighting. Move in today, rope tomorrow.
Last Agent to Sell the Property
Christie's Lone Star License #0694651 Listed on: 11/18/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 2022
Lot Details
- 14.69 Acre Lot
- Property fronts a county road
- Gated Home
- Cross Fenced
- Barbed Wire
- Fenced For Horses
- Pipe Fencing
- Level Lot
- Oak Trees
- Partially Wooded Lot
- Few Trees
Home Design
- Modern Farmhouse Architecture
- Slab Foundation
- Composition Roof
- Board and Batten Siding
- Stone Siding
Interior Spaces
- 1,895 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Vaulted Ceiling
- Decorative Lighting
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Cooktop
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Double Vanity
Laundry
- Full Size Washer or Dryer
- Washer and Electric Dryer Hookup
Parking
- Aggregate Flooring
- Driveway
Outdoor Features
- Covered Patio or Porch
Schools
- Lipan Elementary And Middle School
- Lipan High School
Farming
- Electricity in Barn
- 1 Barn
- Equipment Barn
- Agricultural Exemption
- 1 Residence
- Loafing Shed
- Agricultural
- Holding Pens
Horse Facilities and Amenities
- Tack Room
- Water to Barn
- Stables
- Arena
Utilities
- Cooling Available
- Heating Available
- Co-Op Electric
- Co-Op Water
- Aerobic Septic System
Community Details
- James Cole Surv Abst #91 Subdivision
- 1 Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number R000098494
- $385 per year unexempt tax
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2024
Closed on
Feb 13, 2025
Sold by
K Diamond Cattle Llc
Bought by
Shepherd William Matthew and Shepherd Heidi Lou
Seller's Agent
David Inman
Christie's Lone Star
Buyer's Agent
JL Smith
Hi View Real Estate
List Price
$1,049,000
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$784,066
Interest Rate
6.91%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 15, 2021
Sold by
Salmons Commercial Properties Llc
Bought by
K Diamond Cattle Llc
Purchase Details
Closed on
May 17, 2006
Sold by
Green Mitch
Bought by
Brennan Dave and Brennan Bridget J
Purchase Details
Closed on
Jan 20, 2006
Sold by
Cummins Zeb Ryan and Cummins Sharon M
Bought by
Reynolds Gary and Reynolds Tammy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 10, 2005
Sold by
Warnke Bruce G and Warnke Marye
Bought by
Cummins Zeb Ryan and Cummins Sharon M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,900
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 18, 2001
Sold by
Warnke Bruce G and Warnke Marye F
Bought by
Green Mitchell Lee Revocabel Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shepherd William Matthew | -- | Integrity Land Title | |
| K Diamond Cattle Llc | -- | None Listed On Document | |
| Brennan Dave | -- | None Available | |
| Reynolds Gary | -- | None Available | |
| Cummins Zeb Ryan | -- | None Available | |
| Green Mitchell Lee Revocabel Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shepherd William Matthew | $800,000 | |
| Previous Owner | Reynolds Gary | $232,000 | |
| Previous Owner | Cummins Zeb Ryan | $38,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/13/2025 02/13/25 | Sold | -- | -- | -- |
| 01/26/2025 01/26/25 | Pending | -- | -- | -- |
| 11/18/2024 11/18/24 | For Sale | $1,049,000 | -- | $554 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $371 | $28,090 | $278,210 | $25,090 |
| 2024 | $385 | $28,190 | $279,180 | $25,600 |
| 2023 | $3,552 | $260,370 | $234,770 | $25,600 |
| 2022 | $67 | $308,630 | $0 | $0 |
| 2021 | $68 | $271,590 | $0 | $0 |
| 2020 | $78 | $120,000 | $0 | $0 |
| 2019 | $82 | $120,000 | $0 | $0 |
| 2018 | $50 | $96,000 | $0 | $0 |
| 2017 | $50 | $96,000 | $96,000 | $0 |
| 2016 | $50 | $96,000 | $96,000 | $0 |
| 2015 | $46 | $2,600 | $2,600 | $0 |
| 2014 | $46 | $2,600 | $2,600 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Inman
-
Malyn Dennis
M
Seller Co-Listing Agent in 2025
Malyn Dennis
Christie's Lone Star
(225) 939-5653
1 in this area
20 Total Sales
-
JL Smith
Buyer's Agent in 2025
JL Smith
Hi View Real Estate
(214) 949-9876
1 in this area
70 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20778091
APN: R000098494
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.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
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