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$592,000

249 S Caddo St, Lipan, TX, 76462

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,632 Sq Ft
FarmFarm
price_per_sqft$284.95 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator, Vented Exhaust Fan
FlooringHardwood

Exterior

Exterior FeaturesFire Pit, RV Hookup, Storage
Lot Size2 acres

Building Information

Year Built1950
Stories2
Garage Spaces2

Land Information

APN20166.001.0180.0
SubdivisionI Eaves - Abst 166
Land UseResidential
Legal DescriptionACRES: 2.000 ABST: I EAVES - ABST 166
Census Tract160302
Assessment Year2025

About this property

BEAUTIFUL 12.49 acre LIPAN HORSE PROPERTY featuring a Fully Updated Rock and Wood Vintage Ranch Style Home, 36x54 Stall Barn with Tack Room, Feed Room, Wash Rack, 5 Turnouts with Loafing Sheds and Automatic Waterers, Sandy Arena Area, Trees, Seasonal Creek, Covered 16x38 RV-LQ Trailer Parking, 10x20 Storage Shed and a 20x30 Garage and Automatic Gate Opener. Home features an Open Floor Plan with Two Living Areas, a Fully Renovated Kitchen, Full Size Basement, Covered Back Porch, Stone Patio Area, complete with Fire pit, and Fenced Back Yard for pets. This Gorgeous Property is perfectly suited for the Horse Enthusiast and-or Animal Lover and is a Must See!!!

Investor Tools

Property Icon
$592,000
Estimated Property Value
$0Estimated Mortgage Balance
$592,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$830/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,004
$453,000
2025
N/A
N/A
$453,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,004
$453,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$592,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lipan

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249 S Caddo St | Property Details | No Agent List