Lipan, TX 76462 20531 S Fm 4

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Presented By: Levi Gutierrez with Maverick Land Group, LLC;
  • MLS# 20928138
  • 05/07/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 3
  • SQFT • 1,991

Home Details

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
Presented By: Levi Gutierrez with Maverick Land Group, LLC;

Interior Features for 20531 S Fm 4

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

Fireplaces Total0
Lock Box TypeSupra
Number Of Separate Water Meters1
Laundry FeaturesElectric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
Basement Y/NNo
Dining Areas1
FlooringConcrete, Laminate
Interior FeaturesCathedral Ceiling(s), Eat-in Kitchen, High Speed Internet Available, In-Law Suite Floorplan, Open Floorplan, Other
Living Areas1

Other Rooms

Number Of Residences2
Room Count13

General for 20531 S Fm 4

AppliancesDishwasher, Electric Range, Electric Water Heater, Gas Range, Microwave, Plumbed For Gas in Kitchen
Carport Spaces
CityLipan
Construction MaterialsSteel Siding
CoolingCeiling Fan(s), Central Air, Wall Unit(s)
CountyPalo Pinto
DirectionsFrom 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
Elementary SchoolSanto
Elementary School NameSanto
Full Baths3
HOA TypeNone
HeatingCentral, Electric
High SchoolSanto
LevelsOne
Listing Terms1031 Exchange, Cash, Conventional, FHA
Number Of Wells1
Occupant TypeOwner
Pool Y/NNo
PossessionClosing/Funding
Possible UseAgricultural, Horses, Investment, Livestock, Recreational, Sheep/Goats
Property SubtypeFarm/Ranch
Property TypeResidential
RestrictionsNo Known Restriction(s)
RoofMetal
School DistrictSanto ISD
Special NotesAerial Photo
Standard StatusActive
StatusActive
Subdivision Namenone
Transaction TypeFor Sale
UtilitiesAll Weather Road, Co-op Electric, Co-op Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Outside City Limits, Septic, Well
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2012
current useHorses, Livestock, Recreational

Exterior for 20531 S Fm 4

Covered Spaces4
Exterior FeaturesCovered Patio/Porch, Rain Gutters, Outdoor Shower, Private Entrance, RV Hookup, Storage
Farm Ranch FeaturesFenced for Cattle, Fenced for Horses
FencingCross Fenced, Perimeter, Other
Foundation Slab
Garage Y/NNo
Horse AmenitiesBarn(s), Electric to Barn, Equipment Barn, Water to Barn
Lot FeaturesAcreage, Hilly, Lrg. Backyard Grass, Many Trees, Tank/ Pond
Lot Size3 to < 5 Acres
Lot Size Acres3.4400
Lot Size Area3.4400
Lot Size Square Feet149846.4000
Lot Size UnitsAcres
Other StructuresBunk House, Guest House, Outbuilding, Second Residence, See Remarks, Storage, Workshop w/Electric
Parking FeaturesAttached Carport, Covered, RV Access/Parking, Secured
Road Frontage TypeFM Road
Road Surface TypeGravel
Structural StyleFarm/Ranch House

Additional Details

Price History

Schools

Elementary School Santo Elementary School
Middle School N/A

Rodney Edwards

Associate Broker
Price $550,000
MLS#20928138
List Date 05/07/2025
Property Type Single Family
Phone 903.752.4007
Request Tour
Request Info
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