Last list price
3
Beds
3
Baths
2,278
Sq Ft
51.64
Acres
Highlights
- Stables
- 51.64 Acre Lot
- Wood Flooring
- Lipan Elementary School Rated A-
- Wooded Lot
- Covered patio or porch
About This Home
As of March 2025Exceptional Cutting Horse Facility on 51 Acres – Lipan, TXA Horseman’s Dream in the Horse Capital of Texas!This premier 51-acre cutting horse facility is a true gem located in Lipan, Texas. Tailored for the serious equestrian, this property seamlessly blends luxury living with world-class horse amenities.Main Residence:Gorgeous 3-bedroom, 3-bath farmhouse with office or optional guest bedroom.Open-concept floor plan with vaulted ceilings and exposed wood beams.Gourmet kitchen featuring a gas stove, marble countertops, and high-end finishes.Luxury plank flooring throughout.Fenced backyard, ideal for relaxing or entertaining.Equestrian Facilities:8-Stall Show Barn: Includes a tack room, bathroom, and wash rack, with stalls thoughtfully designed using durable pipe and creosote boards.Covered Working Arena: Attached to the show barn for ultimate convenience.23-Stall Colt Barn: Newly built and ready to meet all your training needs.Two Spacious Apartments: Located behind the show barn, each unit features:Open living, dining, and full kitchen areas.A separate bedroom and full bathroom.Front and back access for privacy and flexibility.Additional Features:Round pen.Horse walker.Multiple turnout pastures for exercise and grazing.The Ideal Location:Lipan is the heart of the Horse Capital of Texas, offering a thriving equestrian community and top-tier infrastructure for horse training and competitions. Located just 30 min to Stephenville, 30 min to Weatherford and 1 hour to Fort Worth.This property is not just a horse facility; it’s a lifestyle. From the thoughtfully designed barns and arenas to the luxurious farmhouse and apartments, every detail has been crafted with the horseman in mind.Schedule a tour today to see this one-of-a-kind property for yourself!
Last Agent to Sell the Property
Texas Luxury and Land License #0664505 Listed on: 02/11/2025
Last Buyer's Agent
NON-MLS MEMBER
NON MLS
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $87
Year Built
- Built in 2021
Lot Details
- 51.64 Acre Lot
- Property fronts a county road
- Dog Run
- Cross Fenced
- Property is Fully Fenced
- Barbed Wire
- Pipe Fencing
- Wooded Lot
- Garden
Parking
- 2 Car Garage
- Side Facing Garage
Home Design
- Pillar, Post or Pier Foundation
- Frame Construction
- Metal Roof
Interior Spaces
- 2,278 Sq Ft Home
- Built-In Features
- Gas Fireplace
- Ice Maker
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Lipan Elementary School
Farming
- Hay Barn
- Equipment Barn
- Holding Pens
- Cattle or Livestock Pen
Utilities
- Cooling System Powered By Gas
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Propane
- Well
- Tankless Water Heater
- Gas Water Heater
- Septic Tank
- Sewer Not Available
Additional Features
- Covered patio or porch
- Stables
Community Details
- J A Schnell Subdivision
Listing and Financial Details
- Assessor Parcel Number R000045808
- $14 per year unexempt tax
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2022
Closed on
Oct 17, 2022
Sold by
Salvador Christopher and Salvador Kira
Bought by
Bar M Enterprises Llc
Seller's Agent
Sissy Herring
TEXAS PROUD REAL ESTATE LLC
Buyer's Agent
Katie Miller
The Ashton Agency
List Price
$3,950,000
Views
5
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
$3,000,000
Outstanding Balance
$2,782,743
Interest Rate
5.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 31, 2020
Sold by
Stewart Larry G and Stewart Julia Suzanne
Bought by
Salvador Christopher and Salvador Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
4.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 2, 2008
Sold by
Petrey Clinton Lee
Bought by
Stewart Larry Gee
Purchase Details
Closed on
Sep 13, 1988
Sold by
**No Previous Owner**
Bought by
Stewart Larry Gee
Similar Home in Lipan, TX
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Mcknight Title | |
| Vendors Lien | -- | King Title Co | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,000,000 | New Conventional | |
| Previous Owner | $200,000 | Stand Alone Second | |
| Previous Owner | $595,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | Sold | -- | -- | -- |
| 02/11/2025 02/11/25 | Pending | -- | -- | -- |
| 10/17/2022 10/17/22 | Sold | -- | -- | -- |
| 09/21/2022 09/21/22 | Pending | -- | -- | -- |
| 08/16/2022 08/16/22 | Price Changed | $3,195,000 | -12.5% | $1,403 / Sq Ft |
| 08/01/2022 08/01/22 | Price Changed | $3,650,000 | -7.6% | $1,602 / Sq Ft |
| 07/16/2022 07/16/22 | For Sale | $3,950,000 | -- | $1,734 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $87 | $6,400 | $6,400 | $0 |
| 2023 | $95 | $7,000 | $7,000 | $0 |
| 2022 | $77 | $4,800 | $4,800 | $0 |
| 2021 | $67 | $4,000 | $4,000 | $0 |
| 2020 | $1,116 | $62,150 | $1,720 | $60,430 |
| 2019 | $1,124 | $58,960 | $1,400 | $57,560 |
| 2018 | $721 | $37,830 | $1,360 | $36,470 |
| 2017 | $752 | $39,010 | $1,360 | $37,650 |
| 2016 | $738 | $38,270 | $1,360 | $36,910 |
| 2015 | $659 | $37,410 | $1,360 | $36,050 |
| 2014 | $659 | $36,850 | $800 | $36,050 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Lindsy Baize
Texas Luxury and Land
(254) 709-1037
94 Total Sales
-
N
Buyer's Agent in 2025
NON-MLS MEMBER
NON MLS
-
Seller's Agent in 2022
Sissy Herring
TEXAS PROUD REAL ESTATE LLC
(254) 485-6702
59 Total Sales
-
Buyer's Agent in 2022
Katie Miller
The Ashton Agency
(706) 713-1868
82 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 226990
APN: R000045808
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 2025. All rights reserved
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