TX
Palo Pinto
Lipan
76462
20531 S FM 4
20531 S FM 4, Lipan, TX 76462
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Listing Type
Farm
Listing Status
active
36
$550,000

Home Details for 20531 S FM 4

Price
$550,000
Type
Farm
Bedrooms
4
Bathrooms
3.0
Square feet
1991
Year built
2012
Lot size acres
3.44
County
Palo Pinto
Total rooms
13
Garage
Days on site
188
MLS Listing#
20928138
Property Description

UNIQUE MULTI-HOME PROPERTY on 3.44 ACRES in Highly-Rated Santo ISD — Additional Land Available! Endless opportunities await just outside city limits! This rare and versatile multi-home property sits on 3.44 unrestricted acres in the sought-after Santo ISD—with the option to purchase more land! The main residence is a spacious 1,991 sq ft home featuring 2 large bedrooms, 2 full baths, and an oversized game room perfect for entertaining. Enjoy year-round comfort on the covered patio and carport. The second home offers 840 sq ft, 2 bedrooms, 1 bath, a cozy living area, full kitchen, utility room, and covered front and back porches—plus a rustic outdoor cowboy shower. Ideal for guests, rental income, or multigenerational living! Need even more space? The 144 sq ft detached cottage is equipped with a mini-split system and makes a great guest suite, office, or storage area. A standout feature is the 30 x 40 foam-insulated shop, complete with a 20 x 15 office, full bathroom, and endless space for a home business, car collection, or workshop. Separate electric meters for each structure .Main home on co-op water, other structures on well water .RV hookup already in place This property offers the freedom to live, rent, or run a business—all from one location! Whether you’re an investor, a growing family, or someone looking for a work setup, this is your chance to own a truly unique setup with room to grow. Ask about purchasing additional acreage to expand your vision! We have contacts for lenders for this specific property

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Property Features
  • House Interior
    • Cathedral Ceiling(s)
    • Eat-in Kitchen
    • Open Floorplan
    • Other
    • High Speed Internet
    • In-Law Floorplan
  • Parking
    • Attached Carport
    • Covered
    • RV Access/Parking
    • Secured
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Wall Unit(s)
  • Heating Information
    • Central
    • Electric
  • Water Features
    • Well
  • Utilities
    • Electricity Connected
School Information
School Information for 20531 S FM 4, Lipan, TX 76462
Elementary School
Santo
Middle School
Santo
High School
Santo
Listing Courtesy: Maverick Land Group, LLC - 830-591-9840
Presented by: Levi Gutierrez
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2025-09-15 13:46:03
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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