20531 S Farm Market 4, Lipan, TX

Real Estate

For Sale

Listed price in listed location currency (USD).

$544,995

000

MLS® 21209527

Key Facts
Description
Map

Key Facts

Type Office

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes

Days Active 0

Approx. Age 2012

MLS® Number 21209527

Property Address: 20531 S Farm-Market 4, Lipan, TX, 76462

Average square foot calculated using Size range provided by listing agent.

Description

Multi-Use Investment Opportunity with Multiple Income Streams! Positioned on 3.44 well-maintained acres just outside the city limits in the highly desirable Santo area, this versatile property offers exceptional potential for investors, entrepreneurs, or those seeking a live-work setup. With multiple residential units, guest accommodations, and a large insulated shop with office space, the property is well-suited for a variety of income-producing uses. The primary residence spans approximately 1, 991 square feet and includes two bedrooms, two bathrooms, a spacious living area, utility room, and a large game room, along with a covered carport and patio. This structure could serve as a primary residence, long-term rental, or short-term rental unit. A second residence totaling approximately 840 square feet features two bedrooms, one bathroom, a full kitchen, living room, utility room, outdoor shower, and covered porches. This home provides additional rental income potential or housing for employees, extended family, or guests. An additional 144-square-foot cottage offers flexible use as a guest suite, office space, studio, or additional short-term rental. Supporting the property is a 30×40 foam-insulated shop complete with a 20×15 office and bathroom, making it ideal for a variety of business operations, workshop space, storage, or commercial service use. Utilities include co-op water servicing one residence and a private water well servicing the second residence, enhancing operational flexibility. Conveniently located between Stephenville, Granbury, Mineral Wells, and Gordon, the property offers strong regional accessibility while maintaining a rural setting ideal for residential rental, short-term lodging, home-based businesses, or mixed-use investment. This unique property provides multiple structures and diverse revenue opportunities in a growing North Texas market.

MLS® Number21209527

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age2012

Stories1

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Building Only, Land & Improvements

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 16, 2026List Date

$544,995List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing communications (about real estate brokerage and mortgage lending services), that may be delivered to me via email, telephone and/or text messaging (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any of our texts or by emailing [email protected]. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

Explore eXp Find an Agent Join eXp Investor Relations Company Careers Home Guides

eXp Life Zoocasa SUCCESS®SUCCESS® Lending eXp Revenos eXp Commercial eXp Luxury eXp Land and Ranch Accessibility

Terms and Conditions Privacy Rights Request Privacy Policy Cookie Policy Brand Guidelines Help Sitemap

2219 Rimland Drive, Suite 301, Bellingham, Washington, 98226

1 833-303-0610

[email protected]

eXp REALTY

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker