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For sale
  • Price cut: $25K (9/2)
    $375,000

    247 S Caddo St, Lipan, TX 76462

    --beds
    --baths
    3,504sqft
    : 
    $2,601/mo
    Get pre-qualified
    Multi Family
    Built in 2024
    -- sqft lot
    $-- Zestimate®
    $107/sqft
    $-- HOA

    What's special

    Rv hookupsHorse boarding facilityEstablished rv parkHorse facilities
    Endless Potential with Income-Generating Infrastructure in Place and long term occupants. Welcome to Lipan Bunk and Board—a rare opportunity to own an established RV park and horse boarding facility just steps from the heart of Lipan, TX. Situated on city utilities (water & sewer), this property offers a low-maintenance setup and no TCEQ headaches, making it ideal for streamlined operation and future expansion. The current setup includes RV hookups, horse facilities, and an operational layout designed for ease and efficiency. Whether you're looking to keep it simple or dream big, this property delivers. With room to grow, the possibilities are endless: Add tiny homes, apartments, build out a storage facility for extra income, create a laundromat or service building, expand the horse amenities or add additional RV sites to increase capacity Turnkey investment with infrastructure, location, and freedom to scale. Located within city limits, you’ll enjoy all the perks of small-town Texas living while owning a property that works for you. The biggest perk, no zoning, no COOs, no permitting, etc. Opportunities like this don’t come often. Whether you're an investor, entrepreneur, or looking to live on-site and operate the business hands-on, its ready to go. 16 - 12x12 Pipe and Creosote Stalls with LED Lights 8 - 18x40 Pipe Turnouts 4 - 10x12 Feed and Tack Rooms 6 - 50 and 30amp Pull-through RV Slips
    193 days
    127
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    Chelsea Matlock 0696931,

    Texas Real Estate Twins 940-704-6033

    Source: NTREIS,MLS#: 21184843

      Facts & features

      Interior

      Heating
      • Other
      Cooling
      • Other
      Features
      • Other
      • Flooring: Dirt
      Interior area
      • Total structure area: 3,504
      • Total interior livable area: 3,504 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 10
      • Parking features: On Site, Open, RV Access/Parking
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      • Fencing: Other
      Lot
      • Size: 2.71 Acres
      Details
      • Parcel number: R000041228

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Foundation: None
      • Roof: Metal
      Condition
      • Resale
      • Year built: 2024

      Utilities & green energy

      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Subdivision: Isaac Eaves Surv Abs #166
      HOA
      • Has HOA: No
      Location
      • Region: Lipan

      Financial & listing details

      • Price per square foot: $107/sqft
      • Tax assessed value: $104,680
      • Annual tax amount: $1,464
      • Date on market: 2/23/2026
      • Cumulative days on market: 194 days
      • Listing terms: Cash,Conventional
      • Road surface type: Dirt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/2/2026Price change$375,000-6.3%$107/sqft
        Source: NTREIS #21184843 Report a problem
        8/4/2026Price change$400,000-5.9%$114/sqft
        Source: NTREIS #21184843 Report a problem
        2/23/2026Listed for sale$425,000+183.3%$121/sqft
        Source: NTREIS #21184843 Report a problem
        5/4/2023Sold--
        Source: NTREIS #20252876 Report a problem
        4/26/2023Pending sale$150,000$43/sqft
        Source: NTREIS #20252876 Report a problem
        2/7/2023Listed for sale$150,000$43/sqft
        Source: NTREIS #20252876 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,626 +11.1%$104,680 +10.6%
        2024$1,464 -3.6%$94,680
        2023$1,519 +142.5%$94,680 +16.9%
        2022$626 -20.7%$81,010 +46.4%
        2021$789 +14.7%$55,320 +10.2%
        2020$688 -2.1%$50,220 +1.1%
        2019$703 +10.4%$49,650 +10.6%
        2018$637 $44,910 +0.3%
        2017$637 +0.1%$44,760 +0.7%
        2016$636 -15%$44,470 -0.6%
        2015$749 $44,730
        2014$749 $44,730
        2013-- $44,730 -1.7%
        2012-- $45,510 +4.8%
        2011-- $43,430 -16.6%
        2010-- $52,090 -0.5%
        2009-- $52,350 +16%
        2008-- $45,130 +57.8%
        2007-- $28,600 +6.7%
        2006-- $26,800 -24.4%
        2005-- $35,470 +1.4%
        2004-- $34,990
        2003-- $34,990 -2.9%
        2002-- $36,050 +7.5%
        2001-- $33,520 +12.5%
        2000-- $29,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 76462

        Getting around

        18 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lipan
        • Middle: Lipan
        • High: Lipan
        • District: Lipan ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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