20531 S FM 4 Active Save Request In-Person Tour Request Virtual Tour
Lipan,TX 76462
Key Details
Property Type Single Family Home
Sub Type Farm/Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 1,991 sqft
Price per Sqft $276
MLS Listing ID 20928138
Bedrooms 4
Full Baths 3
HOA Y/N None
Year Built 2012
Lot Size 3.440 Acres
Acres 3.44
Property Sub-Type Farm/Ranch
Property Description
UNIQUE MULTI-HOME PROPERTY on 3.44 ACRES in Highly-Rated Santo ISD — Additional Land Available! Endless opportunities await just outside city limits! This rare and versatile multi-home property sits on 3.44 unrestricted acres in the sought-after Santo ISD—with the option to purchase more land! The main residence is a spacious 1,991 sq ft home featuring 2 large bedrooms, 2 full baths, and an oversized game room perfect for entertaining. Enjoy year-round comfort on the covered patio and carport. The second home offers 840 sq ft, 2 bedrooms, 1 bath, a cozy living area, full kitchen, utility room, and covered front and back porches—plus a rustic outdoor cowboy shower. Ideal for guests, rental income, or multigenerational living! Need even more space? The 144 sq ft detached cottage is equipped with a mini-split system and makes a great guest suite, office, or storage area. A standout feature is the 30 x 40 foam-insulated shop, complete with a 20 x 15 office, full bathroom, and endless space for a home business, car collection, or workshop. Separate electric meters for each structure .Main home on co-op water, other structures on well water .RV hookup already in place This property offers the freedom to live, rent, or run a business—all from one location! Whether you're an investor, a growing family, or someone looking for a work setup, this is your chance to own a truly unique setup with room to grow. Ask about purchasing additional acreage to expand your vision!
We have contacts for lenders for this specific property
Location
State TX
County Palo Pinto
Direction From I-20 take US 281 South to FM 4, turn right on FM 4 and property is approximately 2.7 miles on the right. GPS friendly. SOP
Rooms
Dining Room 1
Interior
Interior Features Cathedral Ceiling(s),Eat-in Kitchen,High Speed Internet Available,In-Law Suite Floorplan,Open Floorplan,Other
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Wall Unit(s)
Flooring Concrete,Laminate
Appliance Dishwasher,Electric Range,Electric Water Heater,Gas Range,Microwave,Plumbed For Gas in Kitchen
Heat Source Central,Electric
Laundry Electric Dryer Hookup,Utility Room,Full Size W/D Area,Washer Hookup
Exterior
Exterior Feature Covered Patio/Porch,Rain Gutters,Outdoor Shower,Private Entrance,RV Hookup,Storage
Fence Cross Fenced,Perimeter,Other
Utilities Available All Weather Road,Co-op Electric,Co-op Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Outside City Limits,Septic,Well
Roof Type Metal
Street Surface Gravel
Total Parking Spaces 4
Garage No
Building
Lot Description Acreage,Hilly,Lrg. Backyard Grass,Many Trees,Tank/ Pond
Story One
Foundation Slab
Level or Stories One
Structure Type Steel Siding
Schools
Elementary Schools Santo
Middle Schools Santo
High Schools Santo
School District Santo Isd
Others
Restrictions No Known Restriction(s)
Ownership Tax
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA
Listing Terms 1031 Exchange,Cash,Conventional,FHA
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20928138