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.
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$544,995
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Property Description
Live, Earn, and Grow, All in One Property! Opportunities like this are hard to find. Sitting on 3.44 beautifully maintained acres in highly sought-after Santo ISD, just outside city limits, this one of a kind property is built for multi-generational living, rental income, or a home based business. With three separate living spaces, the possibilities are wide open. The main home 1,991 sq ft offers a spacious layout with 2 bedrooms, 2 bathrooms, a large living area, utility room, and an oversized game room perfect for entertaining or easily converting into additional living space. Enjoy quiet evenings under the covered patio and the convenience of a covered carport. The second home 840 sq ft is fully equipped with 2 bedrooms, 1 bath, full kitchen, utility room, and inviting covered porches. Whether used for rental income, extended family, or guests, it's completely move-in ready. An added bonus outdoor shower for that true country feel. The charming cottage 144 sq ft provides a private retreat ideal for guests, an office, or creative space. For work or hobbies, the 30x40 foam insulated shop with a 20x15 office and bathroom is a standout feature perfect for running a business, storing equipment, or creating the ultimate workshop. The property is set up for flexibility with co op water and well water, adding efficiency and value. Location seals the deal conveniently positioned between Stephenville, Granbury, Mineral Wells, and Gordon, giving you quick access to dining, shopping, and medical facilities while still enjoying peaceful country living. Whether you want to live in one home and rent the others, create a family compound, or run your business from home this property delivers. Don't miss your chance to own a truly versatile property with income producing potential schedule your showing today!
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: 4/14/2026
- Added to Site: 172 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
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Listing agent
— 20531 S Fm 4 —
Levi Gutierrez
Maverick Land Group, LLC
NMLS#: 1598647Get 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20531 S Fm 4
Estimate the Cost
Estimate the Cost for 20531 S Fm 4
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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.