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For sale
  • $1,249,000

    25495 S Fm 4, Lipan, TX 76462

    1beds
    820sqft
    : 
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    Apartment, Farm
    Built in 2000
    -- sqft lot
    $-- Zestimate®
    $1,523/sqft
    $-- HOA

    What's special

    Tiny homeFully-equipped outdoor arenaCovered stallsCharming one-bedroom apartmentSandy soilCovered calf alleySpacious tack room
    This exceptional equestrian property offers everything you need for serious roping and horse care, with a focus on functionality, comfort, and convenience. Located just minutes from I-20 and only 20 minutes from the Cowboy Capital of the World, Stephenville, TX, this property combines the best of country living with easy access to local amenities. The covered calf alley is perfect for roping and livestock management, providing shelter from the elements to allow for year-round practice and handling, no matter the weather. Adjacent to the alley, the fully-equipped outdoor arena offers ample space for roping, training, and competition, making it ideal for anyone serious about their equestrian pursuits. With two water tanks strategically placed around the property, you'll have a reliable water source for your livestock even in dry conditions. The great sandy soil on the property promotes healthy grazing, making it ideal for horses and other animals. For your horses, there are eight covered stalls that provide shelter from the elements, along with a spacious tack room to store saddles, bridles, and all necessary gear. The property is also fenced and cross-fenced with multiple pastures, giving you the ability to safely manage your livestock and rotate them between different areas. For living accommodations, the property includes a charming one-bedroom apartment, perfect for a caretaker or as a secondary living space. In addition, there’s a tiny home that can be used for guests, staff, or even as a rental property. All of this is conveniently located just minutes from I-20 and a short 20-minute drive from Stephenville, TX, offering the perfect blend of rural tranquility and proximity to the amenities and attractions of the Cowboy Capital. Whether you’re a professional roper or simply looking for an ideal property for your horses, this ranch offers the space, facilities, and peaceful surroundings to thrive.
    327 days
    |
    70
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mechelle Tyler 0737055 (940)550-5019,

    HARBCO Realty 940-550-5019

    Source: NTREIS,MLS#: 21036650

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: Second
      • Dimensions: 15 x 15
      Primary bathroom
      • Features: Separate Shower
      • Level: First
      • Dimensions: 8 x 10
      Kitchen
      • Features: Built-in Features
      • Level: First
      • Dimensions: 10 x 10
      Living room
      • Level: First
      • Dimensions: 12 x 18
      Appliances
      • Included: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave
      Features
      • Decorative/Designer Lighting Fixtures, High Speed Internet, Loft
      • Flooring: Concrete
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 820 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Additional Parking, Driveway, Off Street, RV Access/Parking
      • Carport spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Other, RV Hookup
      • Pool features: None
      • Fencing: Cross Fenced
      Lot
      • Size: 32.04 Acres
      • Features: Agricultural
      • Residential vegetation: Grassed
      Details
      • Additional structures: Barn(s), Stable(s)
      • Parcel number: 32563
      • Horses can be raised: Yes
      • Horse amenities: Arena, Barn, Hay Storage, Indoor Arena, Tack Room

      Construction

      Type & style
      • Home type: Apartment
      • Architectural style: Barndominium
      • Property subtype: Apartment, Farm
      • Attached to another structure: Yes
      Condition
      • Year built: 2000

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Septic Available, Water Available

      Community & HOA

      Community
      • Subdivision: George Treighen Surv Abs #431
      HOA
      • Has HOA: No
      Location
      • Region: Lipan

      Financial & listing details

      • Price per square foot: $1,523/sqft
      • Tax assessed value: $436,130
      • Annual tax amount: $7,047
      • Date on market: 8/23/2025
      • Cumulative days on market: 329 days
      • Listing terms: Cash,Conventional,1031 Exchange,USDA Loan
      • Road surface type: Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/30/2026Price change$1,249,000-7.4%$1,523/sqft
        Source: NTREIS #21036650 Report a problem
        1/13/2026Price change$1,349,000-3.6%$1,645/sqft
        Source: NTREIS #21036650 Report a problem
        10/10/2025Price change$1,399,000-6.7%$1,706/sqft
        Source: NTREIS #21036650 Report a problem
        8/23/2025Listed for sale$1,499,000$1,828/sqft
        Source: NTREIS #21036650 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$407 -85%$436,130
        2024$2,717 +747.5%$436,130 +31.3%
        2023$321 -0.2%$332,140
        2022$321 -10.5%$332,140 +24.4%
        2021$359 +6.2%$266,950
        2020$338 +28.1%$266,950 +30.3%
        2019$264 +8.9%$204,870 +3.1%
        2018$242 -64.8%$198,660
        2017$689 +38.4%$198,660 +42.2%
        2016$498 -79.3%$139,680 +18.4%
        2015$2,403 $117,960
        2014$2,403 $117,960
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 76462

        Getting around

        0 / 100
        Car-Dependent
        23 / 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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