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$114,900 Just Listed
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Property Description
Discover the perfect setting for your dream home on this 1.7-acre homesite! Cleared and ready for construction, this picturesque property features majestic Post Oak trees, abundant wildlife, and gorgeous natural scenery. Much of the pre-building groundwork has already been completed. Culvert has been placed in the entry and entry is graveled, water is supplied by Santo Special Utility District, with a meter in place and water extended to the designated homesite, pad site is positioned in accordance with deed requirements, and an active electric meter is also on the property. Enjoy the peaceful surroundings and beauty of country living without sacrificing convenience! Ideally located approximately 30 miles from Weatherford, 22 miles from Granbury and 27 miles from Stephenville, this property offers an excellent combination of natural beauty, accessibility, and readiness to build! Bring your plans and make this exceptional piece of Texas countryside your own!
Full Property Details
Full Property Details for 151 Russell Rd
General
- Price: $114,900
- Taxes: $756
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21409984
- Updated: 10/12/2026
- Added to Site: Today
Location
- County: Palo Pinto
- Subdivision: Russell Road Estates
- Driving Directions: From I20 take Exit 386 and go south on Hwy 281. Go about 6 miles and turn left onto Hwy 4. Russell Rd will be on your right, approximately 1 mile east of Hwy 281.
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
- Utility Description: Electricity Available, Electricity Connected, Sewer Not Available
Structural Information
- Architectural Style: Barndominium
- Detached/Attached: Detached
- Current Bldg. Use: Other, See Remarks
Lot Features
- Lot Size (Acres): 1.765
- Lot Size (Sq. Ft.): 76,883.4
- Frontage: County Road, Asphalt
- Lot Features: Cleared, Corner Lot, Hardwood Trees, Many Trees
- Potential Use: Residential
- Zoning: County
Financial Considerations
- Tax Amount: $756
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ACRES: 1.765 RUSSELL ROAD ESTATES LOT 1 G#R12
- Exclusions: RV on property
- Property ID: 564534
- Lot Number: 1
Listed by Parker Douglas Realty, Inc., Karen Mitchell
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Price & Sales History for 151 Russell Rd
Date
Details
Price
Change
Source
10/12/2026
Listed
$114,900
—
MLS
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 151 Russell Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$283
-2%
$45,380
—
2023
$288
-8%
$45,380
—
2018
$314
-50%
$45,380
—
2022
$633
-36%
$45,380
—
2021
$985
4%
$45,380
—
2020
$947
-3%
$45,380
2%
2019
$972
210%
$44,300
10%
2018
$314
-65%
$40,260
—
2017
$899
—
$40,260
—
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 151 Russell Rd
151 Russell Road, Lipan, TX 76462 (MLS# 21409984) is a Lots/Land property with a lot size of 1.765 acres. 151 Russell Road is currently listed for $114,900 and was received on October 12, 2026. Want to learn more about 151 Russell Road? 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.

