




$140,000
108 E Lipan Drive, TX, 76462
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Interior
About this property
Own a piece of Lipan history with this distinctive commercial property located in the heart of downtown. Originally constructed in 1940, this building has played an important role in the community over the years, serving as the local movie theater, the telephone company, and later the funeral home chapel. Remodeled in 2025, the property seamlessly blends historic character with modern functionality, making it an excellent opportunity for a wide range of commercial uses. The welcoming front lobby provides an inviting reception area for clients and customers. A central hallway leads to four private offices, a shared restroom, generous storage space, and a practical floor plan designed to accommodate professional offices, retail, boutique services, or other business ventures. Whether you're expanding your business, launching a new enterprise, or seeking a unique investment property, this beautifully updated downtown location offers exceptional versatility, timeless character, and outstanding potential.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lipan
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