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Property profile & analytics
OFF-MARKET
Commercial real estate

11380 Falls Rd Lipan, TX 76462

53.09 ac lot
Individually Owned 1-yr Hold
Property ID
US82-3416079
Property summary
AI-generated overview

This exceptional 53-acre property in Hood County, Texas, presents a unique investment opportunity. Located at 11380 Falls Rd, Lipan, TX 76462, the land boasts nearly 2,000 feet of frontage along the Kickapoo Creek. The property features rolling terrain with mature oak, elm, and pecan trees, providing a picturesque setting and abundant wildlife, ideal for hunting (turkey, deer, duck). A private pond adds to the recreational appeal. The centerpiece is a meticulously designed, engineer-stamped 2,500 sq ft metal building, built to commercial standards. This versatile structure includes a massive mezzanine, designed to support a full house build-out. Wide overhangs offer shade, and strategically placed roll-up doors on both sides ensure easy access. The building has 200 amps of power, a pre-installed 400-amp transformer, a septic system, and city water access. A long gravel driveway leads to a large gravel pad, perfect for trucks and trailers. The asking price is $1,000,000, with a price per acre of $18,836. This property offers a blend of commercial potential, recreational enjoyment, and a tranquil natural setting, making it an ideal investment for diverse purposes. The property's location offers both privacy and convenient access to Lipan.

Property profile
Verified
Property type Commercial real estate
Lot 53.09 ac (2,312,600 SF)
UPID US82-3416079
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ray Mitchell Lee · 1 yrs held
Ray Mitchell Lee
since 2025
2 recorded transactions
2025
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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