$119,999
202 Gandy St, Lipan, TX, 76462
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GREAT FIXER UPPER OR INVESTMENT PROPERTY ON LARGE CORNER LOT (approx 0.45 acres) in LIPAN within walking distance of School, Stores, Bank, Churches, etc. This House has Great Potential but has not been occupied for many years and will require some renovation. Also includes a 24X38X10 Carport on Concrete Slab and a Large 32X38X12-16 slabbed Shop with 1-10X14 Roll Up Door and 1-14X14 Roll Up Door and another 12X18 Storage Shed. This Property has GREAT POTENTIAL as has been patiently waiting for the Right Buyer! Seller is not interested in making repairs, sells AS IS.
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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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