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    107 Homestead Ct Lipan, TX 76462

    For Sale
    $279,900

    Unimproved Land - Lipan, TX

    Type:Unimproved Land
    Lot size:
    7.17 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 10 at 10:06 pm

    Property Features for 107 Homestead Ct

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000126523-12
    Lot size
    7.17 Acres

    Building Details

    Architectural style
    Other

    Clark Real Estate Group (817) 458-0402

    Listing agent Brad Harrison (817) 458-0402 License #0740652

    Listing date Oct 28, 2025

    MLS# 20750475 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    7.17 Acres of Unimproved Land

    This 7.17-acre property, known as Homestead Acres, features Coastal Bermuda Grass and sandy soil. Situated between Brock and Lipan in Brock ISD, it includes underground Co-op electric and a water well with a well house. A new perimeter fence is in place. The property is currently Ag Exempt and suitable for various construction projects, including a build-to-suit home, doublewide, or Bardo home, along with a barn or shop. Livestock such as horses and cattle are welcome, and there are few restrictions and no HOA.
    Location Intelligence

    Current Use by Public Records

    Agricultural properties

    Map

    City
    Lipan
    County
    Hood
    State
    Texas
    Longitude
    -97.92336337
    Latitude
    32.56158683

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    FAQs

    What type of property is this?
    Land - 7.17 acres of land with utilities and new perimeter fence.
    Where is this land located?
    The property is located at 107 Homestead Ct Lipan, TX.
    What is the asking price?
    The asking price for this property is $279,900.
    What are key features of this property?
    This property features: - 7.17 acres of Coastal Bermuda Grass and Sandy Soil, ideal for livestock.; - Located in Brock ISD.; - Ag Exempt, offering potential property tax benefits.
    (817) 458-0402
    Request Owner's contact information
    107 Homestead Ct Lipan, TX 76462
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    Lipan, TX 76462
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    107 Homestead Ct Lipan, TX 76462
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