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$999,900

923 Natty Flat Rd Fl At, Lipan, TX, 76462

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$433.98 / sqft
Year BuiltBuilt in 1918

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Microwave
FlooringWood

Exterior

Exterior FeaturesRain Gutters, Outdoor Grill
Lot Size1 acre

Building Information

Year Built1918

Land Information

APN022800000
SubdivisionRa Porter Survey A-362
Land UseResidential
Legal DescriptionAB 362 TR 14A RA PORTER G#10362-00-0014A-000-00-0
Census Tract000300
Assessed Land Value$18,000
Assessed Improvement Value$616,530
Assessment Year2025

About this property

Dream properties like this, that offer the perfect country lifestyle, rarely come to market so do not miss your chance at this incredible opportunity to own a slice of Texas heaven! ~17.45 acres with a with a beautifully renovated 1918 4-bedroom, 3-bathroom farmhouse is like something you would see in a movie! With the roof & HVAC being replaced in 2025, a thriving garden with raised beds, 34' x 40' livestock barn with hay loft, cross fencing, stocked pond, gorgeous trees, water well, ~8 acres of pasture, 30x40 shop, two horse stalls, electric entry gate and new deck in 2026, this property checks all the boxes! You get all of this all of this for under a million dollars & are just 20 minutes from Weatherford, Granbury and Stephenville & less than an hour from Fort Worth! This property is fully fenced on the perimeter with pipe fencing and barbed wire. Ideal for cattle, horses, and other livestock, creating the ideal setting for a homestead, hobby farm ranchette or weekend retreat. Additional features include 40' x 20' overhang, spray foam insulation in the attic & under wood floors, shiplap, stainless appliances, hard wood floors, subway tile, granite, and breath taking views from the front porch! Easy access to I-20 and Santo ISD complete the package!

Investor Tools

Property Icon
$752,000
Estimated Property Value
$330,125Estimated Mortgage Balance
$505,370Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,999 /month
Positive
Cash Flow Estimate:
$2,000 /month

Interested in this property?

Laurie Wall

The Wall Team Realty Assoc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$966/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,827
$634,530
2025
$18,000
$616,530
$634,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,827
$634,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Arm (Adjustable Rate Mortgage)
$330,125
No
First
Feb 12, 2016
Mar 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,630
$505,370
67%
33%
$1,369/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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923 Natty Flat Rd Fl At | Property Details | No Agent List