Street View

B+

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Owner Contacts

$456,995

219 Dennis Rd, Lipan, TX, 76462

Off Market

3 Beds

2 Bath

1,697 Sq Ft

Single Family Residence

$269.3 / sqft

Built in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Water Softener

FlooringCarpet, Ceramic Tile

Exterior

Private Pool

Exterior FeaturesRain Gutters, RV Hookup

Building Information

Year Built1997

Stories1

Garage Spaces6

Land Information

APN15894.001.0011.0

Lot Number11

SubdivisionKickapoo Estates

Land UseResidential

Legal DescriptionLOT: 11 BLK: 1 SUBD: KICKAPOO ESTATES

Census Tract160302

Assessed Land Value$33,000

Assessed Improvement Value$355,680

Assessment Year2025

About this property

The PERFECT Recently Updated 3-2 HOME with Custom In-Ground POOL and 30x30 Foam Insulated SHOP located on a Spacious Corner Lot in the Alluring Community of Lipan, TX!!! The home was Custom-Built in late 90's with tremendous attention to detail and craftsmanship and has since been updated to make it even more appealing. The beautiful Custom Pool features a heated Spillover Spa, a Beach-Walk-In Entry, Rock Coping and Lighting. The recently built Concrete Slabbed Shop is heavily spray foam Insulated and Heated with a wood burning stove. Shop has two roll-up doors and one walk thru door and is professionally wired and plumbed, including a water heater. Shop can be used for multiple uses and is currently being used to house FFA animal projects. This amazing property is actually TWO LOTS which allows many options since all the current structures (improvements) are on one lot. The additional lot may possibly be used for additional space, buffer from neighbors property, new home site, etc.

Investor Tools

$388,680

Estimated Property Value

$412,392Estimated Mortgage Balance

$0Estimated Equity

-6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,742 /month

Positive

Cash Flow Estimate:

$914 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$560/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,777

$388,680

2025

$33,000

$355,680

$388,680

Tax History

Year

Tax Paid

Assessed Value

2025

$4,777

$388,680

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Fha

$412,392

Yes

First

Jul 12, 2024

Aug 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$504,557

N/A

130%

$3,111/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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