




$199,200
116 E Lipan Drive, TX, 76462
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About this property
MOTIVATED SELLER!!!!! THE INTERIOR HAS BEEN COMPLETELY REMODELED in this 2 bedroom, 1 bath home situated on a large corner lot! You will love the updates made to this home conveniently located in the heart of Lipan, directly on Highway 4. The entire home has fresh paint, new interior doors, new ceiling fans, new light fixtures, and beautiful luxury vinyl plank flooring throughout. The eat in kitchen features new shaker cabinets and granite countertops. The bathroom is brand new, too! There is a one car attached carport. The back yard is fenced with some mature trees. The foundation work is completed with a transferable warranty. This move in home will make a great starter home, investment or great potential for your business venture. Great location is a wonderful small town! (Disclaimer: All property information is deemed reliable but not guaranteed. Buyers, tenants, and their representatives should independently verify all details, including but not limited to measurements, permitted uses, zoning, schools, utilities, taxes and any other information important to their decision-making.)
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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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