20531 S Farm To Market 4
Lipan, Texas 76462
4
Bed
3
Bath
3.44Acres(Lot)
Income Potential Meets Country Living! Discover a rare opportunity on 3.44 well-maintained acres in highly sought-after Santo ISD, just outside the city limits. With multiple homes, guest space, and a large shop, this versatile property is perfectly suited for multi-generational living, rental income, or a home-based business—all in one location. The main home (1,991 sq ft) features 2 bedrooms, 2 bathrooms, a spacious living area, utility room, and a large game room, along with a covered carport and patio—ideal for comfortable everyday living. A second home (840 sq ft) includes 2 bedrooms, 1 bathroom, a full kitchen, living room, utility room, outdoor shower, and covered porches. This space is perfect for long-term rental, short-term rental income, or extended family. The property also in
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 4Bathroom Information
Total Baths: 3 Full Baths: 3 Half Baths: 0 -
Interior Features
Cathedral Ceiling(s),Eat-in Kitchen,High Speed Internet Available,In-Law Suite Floorplan,Open Floorplan,OtherAppliances
Dishwasher,Electric Range,Electric Water Heater,Gas Range,Microwave,Plumbed For Gas in KitchenUtilities
All Weather Road,Co-op Electric,Co-op Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Outside City Limits,Septic,Well -
Cooling Features
Ceiling Fan(s),Central Air,Wall Unit(s)Heating Source
Central,ElectricFireplace
Number of Fireplaces: 0
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Building Information
Built Year: 2012 Building Area Total: 4,031 Construction: Concrete,Steel Siding Roof Type: Metal -
Exterior Features
Covered Patio/Porch,Rain Gutters,Outdoor Shower,Private Entrance,RV Hookup,StorageFoundation
SlabSecurity Features
Prewired -
Fencing
Cross Fenced,Perimeter,OtherConstruction Materials
Concrete,Steel Siding
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Lot Information
Lot Size (Acr): 3.4400 Lot Size Units: Acres Lot Size Square Feet: 149,846 Lot Features: Acreage,Agricultural,Hilly,Irregular Lot,Lrg. Backyard Grass,Many Trees,Pasture,Tank/ Pond -
Property Information
Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: none City: Lipan State: Texas Directions: 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 Property Status: Active Levels: One Property Age: 14 Year Built Details: Preowned
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Listing Price Information
Original List Price: $544,995 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: 5139
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Parking Information
Carport Spaces: 0 Parking: 4 Parking Features: Attached Carport,Covered,Driveway,Electric Gate,RV Access/Parking,Secured -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Santo Middle School: Santo High School: Santo School District: Santo ISD -
Utility Information
Utilities: All Weather Road,Co-op Electric,Co-op Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Outside City Limits,Septic,Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5520 Big Valley Circle, Lipan, TX, 76462 | $1,350,000 | 4 | 4 | 3,796 | 3,796 SqFt |
| 142 Lakeside Drive, Lipan, TX, 76462 | $485,000 | 4 | 2 | 2,369 | 2,369 SqFt |
| 525 S Sugartree Drive, Lipan, TX, 76462 | $770,000 | 7 | 5 | 4,152 | 4,152 SqFt |
| 5908 Hill Country Court, Lipan, TX, 76462 | $348,900 | 3 | 2 | 1,536 | 1,536 SqFt |
| 7600 Lipan Highway, Lipan, TX, 76462 | $479,900 | 3 | 3 | 2,291 | 2,291 SqFt |
| 132 Birdie Drive, Lipan, TX, 76462 | $639,900 | 4 | 3 | 3,042 | 3,042 SqFt |
| 627 S Sugartree Drive, Lipan, TX, 76462 | $510,000 | 3 | 3 | 2,476 | 2,476 SqFt |
| 657 S Sugartree Drive, Lipan, TX, 76462 | $889,000 | 4 | 4 | 3,208 | 3,208 SqFt |
| 104 Oak Bend Court, Lipan, TX, 76462 | $549,000 | 3 | 3 | 2,575 | 2,575 SqFt |
| 1560 Lacy Drive, Lipan, TX, 76462 | $1,296,600 | 4 | 3 | 2,908 | 2,908 SqFt |
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ByOwner last updated this listing 06/23/2026 @ 18:42
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