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Gated Acreage Homesite

502 Hollow Drive, Lipan, TX 76048

For Sale
$71,000

Land, Lipan, TX

Property SizeContact for details
Lot Size2.08 Acres
Days on Market192

Property Features for 502 Hollow Drive

General Information

Property type Land
Property subtype Other
Zoning description Residential
Vegetation Brush
Subdivision The Ranches At Star Hollow
Lot features Acreage, Level, Many Trees, Subdivision, Few Trees
Elementary school Tolar
Middle school Tolar
High school Tolar
Elementary school district Tolar ISD
Middle school district Tolar ISD
High school district Tolar ISD
Directions From Weatherford, head west on I-20 exit Brock Hwy (FM1189) S. Continue S for 7.8 mi Turn left onto W Lipan Dr FM4S (1.6 mi) Right onto Hollow Dr on the Ranches of Star Hollow, lot is on the left.
Standard status Active
APN R000109152
Lot size 2.08 Acres

Taxes and HOA fees

Tax Description ACRES: 2.083 LOT: 18 BLK: 2 SUBD: THE RANCHES
HOA Fee $500 Annually
Legal Description ACRES: 2.083 LOT: 18 BLK: 2 SUBD: THE RANCHES

Utilities

Sewer type Septic Tank
Water source Well
Listing Agency: Keller Williams Heritage West · Keller Williams Realty
Listed By: Barrett Weaver · License TX #0845722
Added: May 6 Changed: Aug 19 Last Checked: Nov 13 at 2:06PM
MLS# 21259668

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

Agricultural land/farmland acreage homesite in the Ranches at Star Hollow gated community in Tolar ISD, set on 2.083 acres in Hood County. The property is served by private well and septic systems, which are required. Community utilities include underground electricity and high-speed fiber optic internet, and residents use paved asphalt roads within the development.

The community includes light deed restrictions that help protect property values while allowing barns, workshops, guest quarters, and livestock with approval. Chickens and large farm animals are welcome per community guidelines, and no mobile homes are allowed. A minimum building requirement of 1,400 square feet applies, and there is no required timeline to build.

With rolling hills, mature trees, and wide-open space, this homesite is positioned for owners who want rural living with straightforward access to nearby cities and amenities.

Key Highlights

  • 2.083‑acre acreage homesite in the Ranches at Star Hollow gated community
  • Tolar ISD location in Hood County
  • Paved asphalt roads plus underground electricity and high‑speed fiber optic internet

Location Intelligence

Trade Area within ½ mile

Demographics for 76048, TX

25,764
Population
12,737
Households
2
Avg Household Size
48
Median Age
26%
College-Educated
90%
High-School Grad
101.7 sq mi
ZIP Area
253
Density / Sq Mi
$66,856
Median Household Income
$37,190
Median Earnings
$1,288
Median Rent
$230,000
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Gated acreage homesite in Tolar ISD with well and septic required, plus underground electricity and high-speed fiber internet.
Where is this residential land & home lot located?
The property is located at 502 Hollow Drive Lipan, TX.
What is the asking price?
The asking price for this property is $71,000.
What are key features of this property?
This property features: 2.083‑acre acreage homesite in the Ranches at Star Hollow gated community; Tolar ISD location in Hood County; Paved asphalt roads plus underground electricity and high‑speed fiber optic internet
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