Lipan, TX 76462,20531 S FM 4
Lipan, TX 76462,20531 S FM 4
Lipan, TX 76462,20531 S FM 4
33
See all 33 photos
$544,995
Est. payment /mo
4 Beds
3 Baths
1,991 SqFt
Active

20531 S FM 4 Lipan, TX 76462

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Key Details

Property Type Single Family Home

Sub Type Farm/Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 1,991 sqft

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

Multi-Home property on 3.44 acres in Santo ISD- Income Potential, Expansion Options & No Restrictions. A rare find in the highly rated Santo ISD, this unique property offers 2 separate living spaces, a large shop, and endless opportunities just outside of the city limits. Need more room? Additional land is available! The main home, 1,991 sq ft features 2 bedrooms, and 2 full baths, with a large game room perfect for entertaining. The second home, 840 sq ft features 2 bedrooms, 1 full bath, utility area, covered front and back porches, and even a cowboy shower. Also featured is a 144sq ft cottage that can be used as an office, studio, or a guest suite as well. The 30x40 insulated shop is a true standout, featuring an office, bathroom, and plenty of space for a workshop, home business, or a car collection. Additional features include, separate electrical meters for each structure, the main home is ran off of co-op water, as well as the shop, all other structures are ran off of well water, and a RV hookup. With no restrictions this property is ideal for multigenerational living, short term rentals, or running your own business from home. Bring your vision and expand with more acerage, and make this versatile property your own!

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


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Levi Gutierrez • Maverick Land Group, LLC

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Jaime Munoz

Jaime Munoz

Agent/Investor & Mentor | License ID: 780688

+1(817) 715-7830

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20531 S FM 4