20531 S Fm 4
Lipan, TX 76462
- 2 beds
- 2 baths
- 1,991 sqft
- ~3 acre lot
- $276 per sqft
- 2012 build
- – on site
Endless possibilities on 3.44 acres in the desirable Santo ISD! This unique multi-home property offers incredible versatility with two full residences, a additional cottage, large shop with office and bathroom and a RV Hookup, all outside the city limits! The Main home is 1,991 sq ft featuring 2 bedrooms, 2 bathrooms, a large game room perfect for entertaining! Enjoy the covered carport and patio year round! The second home, 840 sq ft, offers 2 bedroom, 1 bathroom, living room, kitchen utility room, covered porches and even a outdoor cowboy shower! Use this home for additional family members or some rental income! The 144 sq ft cottage located at the back is complete with a mini split and provides extra sleeping space or storage room. With plenty of room to work on equipment, collectable vehicles or just spend your evenings, the 30'x40' foam insulated shop includes a 20'x15' office, and full bathroom offering excellent potential for a home business, or storage. All homes have separate electric meters, the main house is supplied by co-op water and the rest is ran off a well. Whether your looking to live, rent, or work all from the same location, this property delivers flexibility and the freedom to make it your own! We have contacts for lenders for this specific property Buyer and Buyers Agent to verify all information
Last checked:
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Last updated May 7, 2025
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MLS# 20928138 —
The Building
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Year Built:2012
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Structural Style:Apartment, Farm/Ranch House, Single Detached
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Accessibility Features:No
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Roof:Metal
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Basement:No
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Foundation Details:Slab
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Levels:One
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Construction Materials:Steel Siding
Interior
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Interior Features:Cathedral Ceiling(s), Eat-in Kitchen, High Speed Internet Available, In-Law Suite Floorplan, Open Floorplan, Other
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Flooring:Concrete, Laminate
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Laundry Features:Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
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# of Dining Areas:1
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# of Living Areas:1
Room Dimensions
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Living Area:1991.00
Location
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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
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Latitude:32.52507800
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Longitude:-98.17006800
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:Yes
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Parcel Number:5139
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Lot Features:Acreage, Hilly, Lrg. Backyard Grass, Many Trees, Tank/ Pond
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Lot Size:3 to < 5 Acres
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Lot Size SqFt:149846.4000
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Lot Size Acres:3.4400
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Lot Size Area:3.4400
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Lot Size Units:Acres
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Restrictions:No Known Restriction(s)
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Current Use:Horses, Livestock, Recreational
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Possible Use:Agricultural, Horses, Investment, Livestock, Recreational, Sheep/Goats
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Fencing:Cross Fenced, Perimeter, Other
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Horse Amenities:Barn(s), Electric to Barn, Equipment Barn, Water to Barn
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Farm Ranch Features:Fenced for Cattle, Fenced for Horses
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Exterior Features:Covered Patio/Porch, Rain Gutters, Outdoor Shower, Private Entrance, RV Hookup, Storage
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Other Structures:Guest House, Second Residence, See Remarks, Storage, Workshop w/Electric
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# of Tanks And Ponds:1
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Road Frontage Type:FM Road
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Road Surface Type:Gravel
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Bedrooms Total:2
Baths
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Total Baths:2.00
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20928138
Heating & Cooling
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Heating:Central, Electric
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Cooling:Ceiling Fan(s), Central Air, Wall Unit(s)
Utilities
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Utilities:All Weather Road, Co-op Electric, Co-op Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Outside City Limits, Septic, Well
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# of Wells:1
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# of Separate Water Meters:1
Appliances
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Appliances:Dishwasher, Electric Range, Electric Water Heater, Gas Range, Microwave, Plumbed For Gas in Kitchen
Schools
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School District:Santo ISD
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Elementary School:Santo
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Elementary School Name:Santo
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Middle School Name:Santo
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High School Name:Santo
The Community
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Subdivision Name:none
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Pool:No
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Association Type:None
Parking
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Garage:No
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Covered Spaces:4
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Parking Features:Attached Carport, Covered, RV Access/Parking, Secured
Monthly cost estimate

Asking price
$550,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,945
|
Taxes | N/A |
Insurance | $151 |
Utilities | $123 See report |
Total | $3,219/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.