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    12856 N Fm 1189 Lipan, TX 76462

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    For Sale
    $480,000

    Small acreage property in a desirable location with beautiful views.

    Lot size:
    36.41 Acres

    Property Features for 12856 N Fm 1189

    General Information

    Lot size
    36.41 Acres
    Source: Moodyscre

    Listing Agent: Tim Clark

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Acreage with Views and Home

    This small acreage property is situated in a desirable location with road frontage on FM1189. The property features views and elevation changes, along with oak trees. A small metal house is present, suitable for guest quarters or temporary living. There is a tank and a set of pens for livestock on the property.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Lipan
    County
    Hood
    State
    Texas
    Longitude
    -98.09472
    Latitude
    32.472515

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    FAQs

    What type of property is this?
    Land - Small acreage property in a desirable location with beautiful views.
    Where is this land located?
    The property is located at 12856 N Fm 1189 Lipan, TX.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: - Desirable Lipan area location.; - **Exceptional views and elevation changes.**; - Small acreage property suitable for building a dream home.
    (817) 578-0609
    Request Owner's contact information
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    12856 N Fm 1189 Lipan, TX 76462
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