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$1,047,189

11051 BROCK Highway, Lipan, TX, 76462

Off MarketInfo
Baths0 Bath
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size38 acres

Land Information

APN20310.000.0200.0
Land UseVacant Land
Legal DescriptionACRES: 38.000 ABST: C KNEASS - ABST 310
Census Tract160302
Assessed Land Value$380,000
Assessment Year2025

About this property

A Beautiful Partially Wooded and Partially Open 84 Acre Tract in Lipan Area! This property has several elevation changes creating excellent sites for your dream home or homes. Scattered with Pecan, Oak and Elm Trees this property can be used to graze cattle, pasture horses or for recreational hunting opportunities. Area is known for whitetail deer, turkey, wild hogs and dove. Perfectly located 5 min from Lipan, 20 min from Granbury, 30 min from Weatherford and less that 1 hour from Ft Worth. Located in the Lipan School District. Lipan ISD is well respected for it's academic and extracurricular excellence. Don't miss out on this wonderful opportunity as land values are continuing to rise in this area!!!

Investor Tools

Property Icon
$6,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,283 /month
Positive
Cash Flow Estimate:
$2,094 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$9/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$79
$6,000
2025
$380,000
N/A
$380,000
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$79
$6,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$444,600
No
First
Jun 25, 2021
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$402,910
N/A
0%
6715%
$2,666/mo

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lipan

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11051 BROCK Highway | Property Details | No Agent List