Multi-Home Residential Income
20531 S Farm to Market 4 Lipan, TX 76462
20531 S Farm to Market 4, Lipan, TX, 76462
$544,995
For Sale
$544,995
MULTI_FAMILY - Lipan, TX
Lot Size3.44 Acres
Days on Market99
Property Features for 20531 S Farm to Market 4
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4
- Parking
- 4
- Parking features
- Covered, Carport, Driveway, Secured, RV
- Interior features
- CathedralCeilings, EatInKitchen, HighSpeedInternet, InLawFloorplan, OpenFloorplan
- Exterior features
- OutdoorShower, PrivateEntrance, RainGutters, RvHookup, Storage
- Fencing
- Fenced, Perimeter
- Appliances
- SomeGasAppliances, Dishwasher, ElectricRange, ElectricWaterHeater, GasRange, Microwave, PlumbedForGas
- Standard status
- Active
- APN
- 5139
- Lot size
- 3.44 Acres
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Wall Unit(s), Central Air, Ceiling Fan(s)
- Water source
- Well
Building Details
- Year built
- 2012
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete, Laminate
- Building materials
- Concrete, SteelSiding
- Roof type
- Metal
- Additional Structures
- Storage
Listing Agency
Maverick Land Group, LLC
(830) 591-9840
Weatherford, TX
Listed by
Levi Gutierrez
(830) 591-9840
Added: Apr 14 Updated: Jul 12 at 1:36 pm Checked: Jul 21 at 1:06 am
MLS# 21209483
Listing URL
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Investment Insights
Based on property information with market context.
This residential income property includes multiple dwellings and a dedicated workshop space on one tract. The main home offers 2 bedrooms, 2 bathrooms, a spacious living area, utility room, and a large game room, along with a covered carport and patio. A second home provides 2 bedrooms, 1 bathroom, a full kitchen, living room, and utility room, plus outdoor shower and covered porches. Additional onsite space includes a 144 sq ft cottage. For work or additional income space, the property also features a 30-by-40 foam-insulated shop with a 20-by-15 office and bathroom.
The homes are served by water from two sources: co-op water for one home and well water for the other. The property is described as being just outside the city limits within Santo ISD, and it is positioned centrally between Stephenville, Granbury, Mineral Wells, and Gordon for access to everyday needs.
With two separate residences and an additional cottage, this setup can support a range of multi-home occupancy arrangements alongside a sizeable shop/workspace.
The homes are served by water from two sources: co-op water for one home and well water for the other. The property is described as being just outside the city limits within Santo ISD, and it is positioned centrally between Stephenville, Granbury, Mineral Wells, and Gordon for access to everyday needs.
With two separate residences and an additional cottage, this setup can support a range of multi-home occupancy arrangements alongside a sizeable shop/workspace.
Key Highlights
- 3.44 acres in Santo ISD, just outside city limits, with room for multi‑generational living or rentals.
- Main home 1,991 SF with 2 bedrooms, 2 bathrooms, open living area, utility room, and large game room.
- Second home 840 SF with 2 bedrooms, 1 bathroom, full kitchen, living room, utility room, outdoor shower, and covered porches.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Three on-site homes plus a 30-by-40 foam-insulated shop with office and bathroom, all in Santo ISD.
Where is this duplex located?
The property is located at 20531 S Farm to Market 4 Lipan, TX.
What is the asking price?
The asking price for this property is $544,995.
What are key features of this property?
This property features: 3.44 acres in Santo ISD, just outside city limits, with room for multi‑generational living or rentals.; Main home 1,991 SF with 2 bedrooms, 2 bathrooms, open living area, utility room, and large game room.; Second home 840 SF with 2 bedrooms, 1 bathroom, full kitchen, living room, utility room, outdoor shower, and covered porches.
