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$489,995

311 Dennis Rd, Lipan, TX, 76462

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,662 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$294.82 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Dryer, Electric Oven, Gas Cooktop, Gas Water Heater, Refrigerator, Water Softener
FlooringCarpet, Wood

Exterior

Exterior FeaturesBasketball Court
Lot Size4.58 acres

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN20095.001.0060.0
SubdivisionJ Capps - Abst 95
Land UseResidential
Legal DescriptionACRES: 4.581 ABST: J CAPPS - ABST 95
Census Tract160302
Assessment Year2025

About this property

PERFECTLY LOCATED 4.576 AG EXEMPT ACRES within the City Limits of LIPAN!!! This is the One You've Been Waiting For! 3BR 2B Brick Home with 4H-FFA Project Barn and Pens. Home was Remodeled in 2009 and a few Updates have also been done recently including a New Roof! Also features a heated and cooled Out Building currently used for an Office and Storage with an attached Shed and Chicken Coop. The majority of the property is in cultivation and has been used for grazing often planting two crops per year. Perfect for a few head of Livestock or a couple of Horses. Has Lipan City Water, Natural Gas and High Speed Internet. Rare Find in this Area! DON'T MISS THIS ONE!!!

Investor Tools

Property Icon
$339,170
Estimated Property Value
$380,000Estimated Mortgage Balance
$0Estimated Equity
-12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,034
$339,170
2025
N/A
N/A
$460,840
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,034
$339,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Granbury
Conventional
$380,000
No
First
Aug 15, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$375,007
N/A
0%
111%
$2,279/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.

Explore Texas Explore This Area
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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311 Dennis Rd | Property Details | No Agent List