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Residential Land Parcel for Sale
For Sale
$620,000

N US Highway 281, Lipan, TX 76462

Land, Lipan, TX

Property SizeContact for details
Lot Size23.00 Acres
Days on Market96

Property Features for N US Highway 281

General Information

Property type Land
Property subtype Other
Vegetation Brush
Lot features Acreage, Cleared, Pond On Lot, Many Trees
Elementary school Santo
Middle school Lipan
High school Lipan
Elementary school district Lipan ISD
Middle school district Lipan ISD
High school district Lipan ISD
Directions 30 minutes from downtown Weatherford. Merge onto I 20 W for 15 miles, take exit 386 toward US 281 Stephenville Turn left onto US 281S go about 8.6 miles.
Standard status Active
APN R000018524
Lot size 23.00 Acres

Taxes and HOA fees

Tax Description A0246 ERWIN JAMES & A0781 TRIPLETT R;
Legal Description A0246 ERWIN JAMES & A0781 TRIPLETT R;

Utilities

Sewer type Septic Tank
Water source Well
Listing Agency: Texas Legacy Real Estate Group, LLC
Listed By: Sherri Johnson · License #0674016
Added: Jul 28 Changed: Oct 13 Last Checked: Oct 31 at 1:06AM
MLS# 21343713

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.

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Investment Insights

Based on property information with market context.

Approximately 23 acres of land are offered for sale in Erath County, located within Lipan ISD. The property is presented as open acreage suitable for a range of development plans, including building a custom home, creating a ranch-style use, or pursuing an investment or development project.

The land is identified at N US Highway 281, near Lipan, TX 76462. Buyers considering this property should review all site-specific details and suitability for their intended use during due diligence.

Key Highlights

  • 23.0 acres of Texas land in Erath County
  • Located in Lipan ISD
  • Water source: well

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 76462, TX

3,820
Population
1,604
Households
2.4
Avg Household Size
42
Median Age
37%
College-Educated
91%
High-School Grad
173.0 sq mi
ZIP Area
22
Density / Sq Mi
$95,398
Median Household Income
$53,792
Median Earnings
$1,344
Median Rent
$302,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approximately 23 acres of land in Lipan ISD, offered for sale in Erath County.
Where is this residential land & home lot located?
The property is located at N US Highway 281 Lipan, TX.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 23.0 acres of Texas land in Erath County; Located in Lipan ISD; Water source: well
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