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#20986165, Ben Caballero, Listing office: HomesUSA.com
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: $96,900
- Price/SqFt: $93
- 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
©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: 7/16/2025, 4:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $57,401. The most common annual income of people living in Lipan, TX is between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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?
NASCAR
Hunting
Pro Wrestling
Where do the neighbors shop?
Bass Pro Shops
Academy Sports & Outdoors
Dollar General
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Dodge
What do the neighbors listen to?
Classic Country
New Country- Country
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 $96,900.
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 $96,900.
In June 2025 in Lipan, TX there were 14.6% more homes for sale than in May. Listings spent 84 days on the market in June 2025, and had a median list price of $550,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.