Estimated payment $8,332/month
Total Views
180
3
Beds
2
Baths
1,461
Sq Ft
$1,027
Price per Sq Ft
Highlights
- Lake Front
- Horses Allowed On Property
- Deck
- Lipan Elementary School Rated A-
- 68.67 Acre Lot
- Wood Burning Stove
About This Home
Rolling beauty in Lipan, where history, nature, and country living come together. At its heart is a picturesque 2-acre lake once known by residents as City Lake, a gathering spot where families fished, picnicked, and made memories years ago. Today, it still carries that same peaceful charm, joined by the scenic Kickapoo Creek that borders the property along the south side.
The landscape is as diverse as it is beautiful, with sandy bottom land, mossy rock outcroppings, elevated views, and an approx. 4.5-acre coastal field that’s ideal for grazing or hay production. An additional pond provides another water source for livestock or wildlife, which is plentiful here—deer, turkey, fox, and even a resident wild peacock make this property their home. The land is cross-fenced and well-suited for both horses and cattle.
Improvements include a gated entrance, a 30x40 workshop with 16’ lean-to, and a rustic horse barn with 3 stalls and a set of pens attached, making livestock handling simple and convenient. Near the lake, a small bunkhouse offers extra space for guests or a cozy retreat for weekends by the water, complete with a fire pit for gathering under the stars. The main home is a two-story, 3-bedroom, 2-bath residence—ideal as a weekend getaway or full-time living. With multiple building sites scattered across the property, you have the option to expand, build your dream ranch estate, or simply enjoy the quiet charm of what’s already here.
From its historic lake and flowing creek to the horse facilities, bunkhouse, and rolling terrain, this is more than a property—it’s a place to slow down, appreciate the land, and create memories for generations to come.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,094
Year Built
- Built in 1992
Lot Details
- 68.67 Acre Lot
- Lake Front
- Property fronts a county road
- Dog Run
- Gated Home
- Cross Fenced
- Barbed Wire
- Electric Fence
- Perimeter Fence
- Pipe Fencing
- Wire Fence
- Rock Outcropping
- Lot Has A Rolling Slope
- Partially Wooded Lot
- Many Trees
Home Design
- Split Level Home
- Pillar, Post or Pier Foundation
- Asphalt Roof
Interior Spaces
- 1,461 Sq Ft Home
- Vaulted Ceiling
- Ceiling Fan
- 1 Fireplace
- Wood Burning Stove
- Window Treatments
- Washer Hookup
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Parking
- Circular Driveway
- Electric Gate
Outdoor Features
- Deck
- Fire Pit
- Rain Gutters
- Rain Barrels or Cisterns
- Rear Porch
Schools
- Lipan Elementary School
- Lipan High School
Farming
- Agricultural
- Pasture
Horse Facilities and Amenities
- Horses Allowed On Property
- Tack Room
Utilities
- Central Heating and Cooling System
- Propane
- Electric Water Heater
- Aerobic Septic System
- High Speed Internet
Community Details
- 1 Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number R000040643
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $240 | $158,532 | $0 | $0 |
| 2023 | $1,966 | $199,790 | $32,000 | $167,790 |
| 2022 | $906 | $197,200 | $19,000 | $178,200 |
| 2021 | $2,009 | $136,140 | $14,400 | $121,740 |
| 2020 | $1,945 | $129,220 | $12,000 | $117,220 |
| 2019 | $1,876 | $123,630 | $12,000 | $111,630 |
| 2018 | $1,705 | $89,490 | $9,600 | $79,890 |
| 2017 | $1,797 | $93,230 | $9,600 | $83,630 |
| 2016 | $1,765 | $91,590 | $9,600 | $81,990 |
| 2015 | $1,055 | $89,540 | $8,600 | $80,940 |
| 2014 | $1,055 | $89,540 | $8,600 | $80,940 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | For Sale | $1,500,000 | -- | $1,027 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Rtc | |
| Vendors Lien | -- | Central Texas Title | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $316,000 | Purchase Money Mortgage | |
| Previous Owner | $268,000 | New Conventional |
Source: Public Records
Similar Homes in Lipan, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21044692
APN: R000040643
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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 2025. All rights reserved
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