Welcome to this versatile 12-acre ag-exempt property offering endless possibilities in Lipan, TX. The property features a well-maintained 3-bedroom, 2-bath mobile home with city water, providing comfortable living while you enjoy everything this ranch-style setup has to offer. Equestrians and livestock owners will appreciate the impressive amenities, including a 270x150 roping arena, four stall runs, three separate pastures, and a spacious shop for storage, equipment, or workspace. With plenty of room to expand, this property is ideal for those looking to build their forever home or enjoy a functional horse property from day one. This is a rare opportunity to own usable, well-equipped acreage in a highly desirable location. Schedule your showing today!