Listing provided courtesy of Maverick Land Group, LLC- MLS# 21105697MLS ProviderContact Information: Levi Gutierrez

20531 S FM 4Lipan, TX 76462

Single Family · 2 Beds · 2 Full Baths · 1,991 Sq. ft. | 3.44 Acres
$544,995 Active

20531 S FM 4 Overview

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Live, Earn, and Grow, All in One Property! Opportunities like this are hard to find. Sitting on 3.44 beautifully maintained acres in highly sought-after Santo ISD, just outside city limits, this one of a kind property is built for multi-generational living, rental income, or a home based business. With three separate living spaces, the possibilities are wide open. The main home 1,991 sq ft offers a spacious layout with 2 bedrooms, 2 bathrooms, a large living area, utility room, and an oversized game room perfect for entertaining or easily converting into additional living space. Enjoy quiet evenings under the covered patio and the convenience of a covered carport. The second home 840 sq ft is fully equipped with 2 bedrooms, 1 bath, full kitchen, utility room, and inviting covered porches. Whether used for rental income, extended family, or guests, it’s completely move-in ready. An added bonus outdoor shower for that true country feel. The charming cottage 144 sq ft provides a private retreat ideal for guests, an office, or creative space. For work or hobbies, the 30x40 foam insulated shop with a 20x15 office and bathroom is a standout feature perfect for running a business, storing equipment, or creating the ultimate workshop. The property is set up for flexibility with co op water and well water, adding efficiency and value. Location seals the deal conveniently positioned between Stephenville, Granbury, Mineral Wells, and Gordon, giving you quick access to dining, shopping, and medical facilities while still enjoying peaceful country living. Whether you want to live in one home and rent the others, create a family compound, or run your business from home this property delivers. Don’t miss your chance to own a truly versatile property with income producing potential schedule your showing today!

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20531 S FM 4 Facts & Features

  • Type Single Family
  • Sq. ft. 1,991
  • Price/Sq.ft. $274
  • Lot 3.44 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Santo ISD
  • Elementary School: Santo
  • Middle Or Junior School: Santo
  • High School: Santo

Building Information

  • Year Built: 2012

Business Information

  • Current Use: Horses,Livestock,Recreational

Location/Region

  • Country: US
  • County Or Parish: Palo Pinto
  • Postal City: LIPAN
  • Subdivision Name: none

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange,FHA
  • Parcel Number: 5139
  • Possible Use: Agricultural,Horses,Investment,Livestock,Recreational
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2

General Information

  • Appliances: Some Gas Appliances,Dishwasher,Electric Range,Electric Water Heater,Gas Range,Microwave,Plumbed For Gas
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Concrete,Laminate
  • Foundation Details: Slab
  • Interior Features: Cathedral Ceiling(s),Eat-in Kitchen,High Speed Internet,In-Law Floorplan,Open Floorplan,Other
  • Laundry Features: Washer Hookup,Dryer Hookup
  • Levels: One
  • Living Area: 1991.0
  • Security Features: Prewired
  • Stories: 1
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Attached Carport,Covered,Driveway,Electric Gate,RV Access/Parking,Secured

Lot Information

  • Lot Features: Acreage,Back Yard,Lawn,Pond on Lot,Rolling Slope,Many Trees
  • Lot Size Acres: 3.44
  • Lot Size Area: 3.44
  • Lot Size Square Feet: 149846.4
  • Lot Size Units: Acres
  • Number Of Separate Water Meters: 1
  • Road Surface Type: Gravel
  • Topography: Hill
  • Water Source: Community/Coop,Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Farmhouse
  • Construction Materials: Steel Siding
  • Patio And Porch Features: Covered
  • Property Attached: Yes
  • Roof: Metal
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 4.0
  • Exterior Features: Outdoor Shower,Private Entrance,Rain Gutters,RV Hookup,Storage
  • Fencing: Cross Fenced,Other,Perimeter
  • Horse Amenities: Barn
  • Horse: Yes
  • Other Structures: Bunkhouse,Guest House,Outbuilding,Second Residence,See Remarks,Storage,Workshop,Barn(s)
  • Pool Features: None
  • Road Frontage Type: Farm to Market Road,All Weather Road
  • Sewer: Septic Tank
  • Utilities: Electricity Available,Electricity Connected,Natural Gas Available,Septic Available,Separate Meters,Water Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 14 x 11
  • Length: 14.0
  • Width: 11.0
  • Features: Split Bedrooms

Room: Bedroom

  • Level: First
  • Dimensions: 12 x 9
  • Length: 12.0
  • Width: 9.0
  • Features: Split Bedrooms

Room: Bedroom

  • Level: First
  • Dimensions: 12 x 8
  • Length: 12.0
  • Width: 8.0

Room: Game Room

  • Level: First
  • Dimensions: 28 x 24
  • Length: 28.0
  • Width: 24.0

Room: Kitchen

  • Level: First
  • Dimensions: 13 x 10
  • Length: 13.0
  • Width: 10.0
  • Features: Built-in Features,Eat-in Kitchen,Galley Kitchen

Room: Kitchen

  • Level: First
  • Dimensions: 13 x 6
  • Length: 13.0
  • Width: 6.0
  • Features: Built-in Features

Room: Living Room

  • Level: First
  • Dimensions: 21 x 9
  • Length: 21.0
  • Width: 9.0

Room: Living Room

  • Level: First
  • Dimensions: 13 x 13
  • Length: 13.0
  • Width: 13.0

Room: Office

  • Level: First
  • Dimensions: 20 x 15
  • Length: 20.0
  • Width: 15.0

Room: Primary Bedroom

  • Level: First
  • Dimensions: 15 x 12
  • Length: 15.0
  • Width: 12.0

Room: Utility Room

  • Level: First
  • Dimensions: 12 x 9
  • Length: 12.0
  • Width: 9.0
  • Features: Built-in Features,Utility Room

Room: Utility Room

  • Level: First
  • Dimensions: 9 x 7
  • Length: 9.0
  • Width: 7.0
  • Features: Built-in Features

Room: Workshop

  • Level: First
  • Dimensions: 40 x 30
  • Length: 40.0
  • Width: 30.0
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20531 S FM 4 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.
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