Last 24 Hours
$78,600
NAL Estimated Property Value11600 Brock Highway, Lipan, TX, 76462
$102,180 ARV
Off Market
3 Beds
2 Bath
2,429 Sq Ft
Farm
$574.31 / sqft
Built in 1974Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesDishwasher, Microwave
FlooringTile, Wood
Exterior
Lot Size46.33 acres
Building Information
Year Built1996
Stories1
Land Information
APN20310.000.0040.1
SubdivisionC Kneass - Abst 310
Land UseAgriculture / Farming
Legal DescriptionACRES: 46.329 ABST: C KNEASS - ABST 310
Census Tract160302
Assessed Land Value$833,920
Assessed Improvement Value$67,620
Assessment Year2025
About this property
Just under 49 acres with great road frontage located between Brock and Lipan. The 3 bed 2 bath ranch house has been partially remodeled and is ready to move in. There is a 16 stall horse barn with a large tack room and wash bay, a full size lighted arena and plenty of working pens. There is a small cabin or bunkhouse located just off the horse barn. This property has great potential and lots of ground for anyone in the equine industry.
Investor Tools
$78,600
Estimated Property Value
$0Estimated Mortgage Balance
$78,600Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$102,180
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,370 /month
Positive
Cash Flow Estimate:
$2,790 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,038
$78,600
2025
$833,920
$67,620
$901,540
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,038
$78,600
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$78,600
100%
0%
$0/mo
12.4%