Last 24 Hours
$6,000
NAL Estimated Property Value11051 BROCK Highway, Lipan, TX, 76462
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —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
$6,000
Estimated Property Value
$402,910Estimated Mortgage Balance
$6,000Estimated Equity
0% 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
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
12.4%