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$675,000

11140 Light Rd, Lipan, TX, 76462

$877,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$450 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringConcrete

Exterior

Lot Size2 acres

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APN20091.000.0450.0
SubdivisionJ Cole - Abst 91
Land UseResidential
Legal DescriptionACRES: 2.000 ABST: J COLE - ABST 91
Census Tract160302
Assessment Year2026

About this property

Welcome to a 15 acre horse property in the heart of the highly sought after Lipan, TX. This 3-bedroom, 2-bath barndominium sits on 15 acres shaded by gorgeous oak trees. The open-concept floor plan features 3 bedrooms , with unique custom touches like reclaimed doors, a vaulted tin ceiling, and a mesquite wood island in the kitchen. The spacious primary suite includes an in suite bath with a tile shower and double sinks, while two additional bedrooms share a hallway bath. A gated entrance and circular driveway welcomes you home, and the fenced backyard is perfect for dogs. This property is also ready for your equine companions as well with a unique barn with four 12-ft stalls, each with a 15-ft run out the front, plus a riding pad with excellent footing and an approximately 6-acre flat coastal field. The back pasture has a seasonal tank. The 30x20 metal shop is spray-foamed with a concrete floor, electricity, two 12-ft roll-up doors, and a window unit. Ag exempt. Lipan ISD. 30 minutes to Stephenville and about an hour to the Will Rogers Memorial Center in Fort Worth, with an easy commute to Mineral Wells, Granbury, Weatherford, and I-20.

Investor Tools

$0Estimated Mortgage Balance
$421,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$877,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

Interested in this property?

Michael Tash

Keller Williams Brazos West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,093
$270,650
2026
N/A
N/A
$270,650
No

Tax History

Year
Tax Paid
Assessed Value
2026
$2,093
$270,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$421,000
100%
0%
$0/mo

City: Lipan

11140 Light Rd | Property Details | No Agent List