$103,000

116 E Lipan Dr Lipan, TX 76462

$1,223
Closing credit¹
2 beds
1 full
1,037 sqft
0.07 acres
$99 / sqft
House

Property details

About 116 E Lipan Dr

Located in the heart of the growing community of Lipan, this 2-bedroom, 1-bath home sits on a spacious corner lot adorned with mature trees that provide shade and character. A one-car carport adds convenience, while the partially remodeled interior offers a blank canvas for your dream renovation. Situated directly on Highway 4, this property has endless potential for residential use or office space. Whether you're an investor looking for your next project or a homeowner ready to put your personal touch on a property, this home has endless potential. Bring your vision and make this house a home!

Highlights

Home typeSingle Family Residence
StatusActive
Size1,037 sqft
Lot size0.07 Acres
Year built1945
ParkingAttached Carport
MLS #20889817

Virtual tour

Summary

  • Full Bathrooms: 1
  • Basement: No
  • Interior: Open Floorplan, Other
  • Total Bedroom Count: 2
  • Parking: Attached Carport
  • Architectural Style: Detached
  • List Price: $103,000
  • Price/SqFt: $99
  • Annual Tax Amount: $982
  • Tax Year: 2024
  • Lot: Corner Lot
  • Directions: From Stephenville take US-281 N Continue for about 10 miles, then turn right onto FM 4 N toward Lipan. Stay on FM 4 N until you reach Lipan. Continue on FM 4 through town. The destination, 116 E Lipan Dr, will be on your right.
  • Year Built: 1945
  • Living Area: 1,037 SqFt
  • Lot Size: 0.07 Acres
  • MLS Number: 20889817
  • MLS Name: NTR
  • Office Name: Regal, REALTORS
  • Office Phone: (682) 250-3315
  • Listing Agent: Richard Parker

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 6/6/2025, 2:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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116 E Lipan Dr, Lipan, TX 76462 - bungalow-style home featuring fence, dirt driveway, and a carport

$103,000

116 E Lipan Dr

$1,223

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$61,250$982
2023$64,640$1,209
2022$60,250$1,127
2021$56,720$1,135
2020$56,040$1,121
2019$54,830$1,069
2018$47,380$1,069
2017$47,970$1,083

History based on county public records data.

Nearby schools

5

Lipan Elementary School

Public District PK-6

0.3 mi

211 N Kickapoo St

5

Santo Elementary School

Public District PK-5

11.4 mi

406 FM Rd 2201

4

Tolar Elementary School

Public District PK-5

11.8 mi

300 Hill City Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,401. The majority of Lipan, TX residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

28%
<35k
59%
35k-100k
10%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

36%
Single, No Kids
9%
Single, with Kids
35%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
44%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • DodgeDodge

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 116 E Lipan Dr

The listing price of 116 E Lipan Dr property is $103,000.

The property 116 E Lipan Dr is a house located in Lipan, Texas, 76462.

Active Listing: 116 E Lipan Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 116 E Lipan Dr are: Lipan Elementary School (GreatSchools Rating 5/10), Santo Elementary School (GreatSchools Rating 5/10), Tolar Elementary School (GreatSchools Rating 4/10), Morgan Mill School (GreatSchools Rating 5/10), Tolar Jr High School (GreatSchools Rating 6/10), Brock Junior High School (GreatSchools Rating 7/10), Lipan High School (GreatSchools Rating 7/10), Santo High School (GreatSchools Rating 8/10), Tolar High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $982 (source: MLS/based on county public records data).

The property at 116 E Lipan Dr has 2 bedrooms and 1 bathroom.

The property 116 E Lipan Dr is 1,037 SqFt (source: MLS/tax record).

The year of construction for 116 E Lipan Dr is 1945.

This home is located at 116 E Lipan Dr in Lipan, TX and zip code 76462. This 1,037 square foot home, which was built in 1945, sits on a 0.07 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $103,000.

The number of listings in Lipan, TX increased by 2.2% between April and May 2025. In May 2025 median list price was $574,950 and the average listing age was 91 days.

From Rocket Homes Real Estate and based on county public records data.

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