35828 N US Highway 281, Lipan, TX 76462 - Photo 1

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$1,695,000

For Sale
Active
Lots/Land
72.394 Acres
Updated 10 days ago

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Property Description

ERATH COUNTY- Where possibility meets Wide Open Skies - Discover 72.394 acres of breathtaking Texas land located in the Lipan ISD where the views stretch for miles and the opportunities are truly limitless. Whether you're dreaming of building your custom home, a ranch, launching an investment project, or developing something extraordinary, this property is your blank canvas. With essential infrastructure ALREADY IN PLACE, including a strong producing well (13 GPM), septic system and electricity, you can literally hit the ground running and bring your vision to life without delay. Don't just buy land, create your future. Opportunities like this don't come around often.

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Full Property Details

Full Property Details for 35828 N US Hwy 281

General

Price: $1,695,000
Status: Active
Type: Lots/Land
Source: NTREIS
MLS ID: 21239197
Updated: 6/3/2026
Added to Site: 60 day(s) ago

Location

County: Erath
Subdivision: none
Driving Directions: 30 minutes from downtown Weatherford. Merge onto I 20 W for 15 miles, take exit 386 toward US 281 Stephenville Turn left onto US 281S go about 8.6 miles.

School Information

Elem School District: Lipan ISD
Midd School District: Lipan ISD
High School District: Lipan ISD
Elementary School: Lipan
Middle School: Lipan
High School: Lipan

Utilities

Sewer: Septic Tank
Water: Well
Well: Yes
Utility Description: Electricity Available, Septic Available, Water Available

Structural Information

Detached/Attached: Detached

Lot Features

Lot Size (Acres): 72.394
Lot Size (Sq. Ft.): 3,153,482.64
Frontage: Highway, Private Road
Topography: Rough, Varied
Lot Features: Acreage, Cleared, Pond on Lot, Many Trees
Development Status: Other
Potential Use: Agricultural, Grazing, Horses, Hunting, Investment, Livestock, Pasture, Ranch, Residential, Recreational, Single Family
Trees/Vegetation: Brush
Zoning: none

Financial Considerations

Terms: Cash, Conventional, 1031 Exchange

Disclosures and Reports

Documents Avail.: Aerial
Legal Description: A0246 ERWIN JAMES & A0781 TRIPLETT R;
Exclusions: Any minerals owned by seller.
Property ID: R000018524

Listed by Texas Legacy Real Estate Group, LLC, Sherri Johnson and Brazos River Land Company, Chelsea Dollar

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Listing agents

— 35828 N US Hwy 281 —

Sherri Johnson

Texas Legacy Real Estate Group, LLC
Chelsea Dollar

Brazos River Land Company

(903) 651-5615

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NMLS#: 1598647

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Schools

Schools serving 35828 N US Hwy 281

School District:Lipan Independent School District

Name	Grades	Distance
Lipan Elementary School 211 North Kickapoo Street, Lipan, TX 76462	PK-6	5.5 mi
Lipan High School 211 North Kickapoo Street, Lipan, TX 76462	7-12	5.5 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 35828 N US Hwy 281 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/31/2026

Price Reduced

$1,695,000

-8.38%

MLS

4/14/2026

Listed

$1,850,000

—

MLS

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 35828 N US Hwy 281

Year

Property Taxes

Change

Tax Assessment

Change

2025

$81

100%

$5,560

-4%

2023

-100%

$5,800

8%

2018

$21

-22%

$5,360

-16%

2022

$27

-18%

$6,360

-98%

2021

$33

6%

$311,700

14%

2020

$31

41%

$274,300

73%

2019

$22

5%

$158,520

—

2017

$21

—

$158,520

100%

2017

$21

5%

100%

2016

$20

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 35828 N US Hwy 281

35828 N US Highway 281, Lipan, TX 76462 (MLS# 21239197) is a Lots/Land property with a lot size of 72.394 acres. 35828 N US Highway 281 is currently listed for $1,695,000 and was received on April 14, 2026. Want to learn more about 35828 N US Highway 281? Do you have questions about finding other Lots/Land real estate for sale in Lipan? You can browse all Lipan real estate or contact a Coldwell Banker agent to request more information.

35828 N US Hwy 281 Lipan, TX 76462