This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/25
$544,995
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/25
Property Description
Endless Possibilities Await! Discover the perfect blend of comfort, versatility, and country living on 3.44 well maintained acres in the highly sought after Santo ISD, just outside the city limits. This unique property features two homes, a guest cottage, a large insulated shop with office, and an RV parking pad, offering multiple living, rental, or business opportunities all in one location! The main home is 1,991 sq ft features 2 bedrooms, 2 bathrooms, a spacious living area, utility room, and a large game room, plus a covered carport and patio. The second home is 840 sq ft featuring 2 bedrooms, 1 bath, a comfortable living room, full kitchen, utility room, outdoor shower, and covered porches- perfect for guests or rental income. A charming 144 sq ft cottage adds an extra private space for additional guests.. The 30x40 foam insulated shop includes a 20x15 office and bathroom, ideal for a home based business or hobby area. Water sources include co-op water for one home and well water for the other. Conveniently located between Stephenville, Granbury, Mineral Wells, and Gordon, you will have easy access to shopping, restaurants, medical facilities and more. Live, rent, and work all from one property!
Full Property Details
Full Property Details for 20531 S Fm 4
General
- Price: $544,995
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21105697
- Updated: 11/6/2025
- Added to Site: 72 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), Eat-in Kitchen, High Speed Internet, In-Law Floorplan, Open Floorplan, Other
- Appliances: Some Gas Appliances, Dishwasher, Electric Range, Electric Water Heater, Gas Range, Microwave, Plumbed For Gas
- Flooring: Concrete, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Additional Information
- Security/Safety: Prewired
Exterior
- Exterior Features: Outdoor Shower, Private Entrance, Rain Gutters, RV Hookup, Storage
- Porch/Patio/Deck: Covered
Parking
- Covered Spaces: 4
- Parking Features: Attached Carport, Covered, Driveway, Electric Gate, RV Access/Parking, Secured
Location
- County: Palo Pinto
- Subdivision: none
- Driving Directions: From I-20 take US 281 South to FM 4, turn right on FM 4 and property is approximately 2.7 miles on the right. GPS friendly. SOP
School Information
- Elem School District: Santo ISD
- Midd School District: Santo ISD
- High School District: Santo ISD
- Elementary School: Santo
- Middle School: Santo
- High School: Santo
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Wall Unit(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Community/Coop, Well
- Well: Yes
- Utility Description: Electricity Available, Electricity Connected, Natural Gas Available, Septic Available, Separate Meters, Water Available
- # Water Meters: 1
Structural Information
- Architectural Style: Farmhouse
- Structure Type: House
- Detached/Attached: Attached
- Construction: Steel Siding
- Roof: Metal
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,991 Sq. Ft.
- Current Bldg. Use: Horses, Livestock, Recreational
- Year Built: 2012
Additional Structures
- Other Structures: Bunkhouse, Guest House, Outbuilding, Second Residence, See Remarks, Storage, Workshop, Barn(s)
Lot Features
- Lot Size (Acres): 3.44
- Lot Size (Sq. Ft.): 149,846.4
- Frontage: Farm to Market Road, All Weather Road, Gravel
- Topography: Hill
- Lot Features: Acreage, Back Yard, Lawn, Pond on Lot, Rolling Slope, Many Trees
- Potential Use: Agricultural, Horses, Investment, Livestock, Recreational
- Fencing (Description): Cross Fenced, Other, Perimeter
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Barn
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, 1031 Exchange, FHA
Disclosures and Reports
- Documents Avail.: Aerial
- Property ID: 5139
Listed by Maverick Land Group, LLC, Levi Gutierrez
Get Pre-Approved Today
Schools
Schools serving 20531 S Fm 4
School District:Santo Independent School District
| Name | Grades | Distance |
|---|---|---|
Santo Elementary School 406 Farm to Market Road 2201, Santo, TX 76472 | PK-5 | 6.1 mi |
Santo High School 406 Farm to Market Road 2201, Santo, TX 76472 | 6-12 | 6.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20531 S Fm 4
Date
Details
Price
Change
Source
11/06/2025
Listed
$544,995
—
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 20531 S Fm 4
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,074
146%
$63,000
—
2023
$437
46%
$63,000
105%
2018
$300
-35%
$30,800
6%
2022
$460
38%
$29,120
60%
2021
$334
-29%
$18,200
-29%
2020
$469
13%
$25,570
16%
2019
$416
39%
$22,000
43%
2018
$300
-5%
$15,400
—
2017
$315
18%
$15,400
17%
2016
$267
—
$13,200
—
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 20531 S Fm 4
20531 S Fm 4, Lipan, TX 76462 (MLS# 21105697) is a Single Family property with 2 bedrooms and 2 full bathrooms. 20531 S Fm 4 is currently listed for $544,995 and was received on November 06, 2025. Want to learn more about 20531 S Fm 4? Do you have questions about finding other Single Family real estate for sale in Lipan? You can browse all Lipan real estate or contact a Coldwell Banker agent to request more information.

