11380 Falls Rd Lipan, TX 76462
- Commercial real estate
- 53.09 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 11380 Falls Rd
- Lot size
- 53.09 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lipan
- County
- Hood
- State
- Texas
- Longitude
- -97.9913558
- Latitude
- 32.5396693
