Welcome to this versatile 12-acre ag-exempt property offering endless possibilities in Lipan, TX. The property features a well-maintained 3-bedroom, 2-bath mobile home with city water, providing comfortable living while you enjoy everything this ranch-style setup has to offer.
Equestrians and livestock owners will appreciate the impressive amenities, including a 270x150 roping arena, four stall runs, three separate pastures, and a spacious shop for storage, equipment, or workspace. With plenty of room to expand, this property is ideal for those looking to build their forever home or enjoy a functional horse property from day one.
This is a rare opportunity to own usable, well-equipped acreage in a highly desirable location. Schedule your showing today!
Under contract
$435,000
11175 Light Rd, Lipan, TX 76462
3beds
1,368sqft
Est.:
Manufactured Home, Single Family Residence
Built in 1998
12 Acres Lot
$429,700 Zestimate®
$318/sqft
$-- HOA
What's special
City waterThree separate pasturesFour stall runsUsable well-equipped acreage
- 18 days |
- 384 |
- 27 |
Zillow last checked: 8 hours ago
Listing updated: December 14, 2025 at 10:33am
Listed by:
Cory Smothers 0800435 502-594-9979,
Keller Williams Heritage West 817-441-4000
Source: NTREIS,MLS#: 21126848
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Appliances
- Included: Dishwasher, Gas Cooktop, Gas Oven, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, In Hall
Features
- Eat-in Kitchen, Kitchen Island, Cable TV, Walk-In Closet(s)
- Flooring: Carpet, Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,368 sqft
Video & virtual tour
Property
Parking
- Parking features: Additional Parking, Driveway, No Garage, Open, Outside
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Metal
Lot
- Size: 12 Acres
- Features: Pasture
Details
- Additional structures: Arena, Barn(s), Shed(s)
- Parcel number: R000102795
- Horse amenities: Arena
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Manufactured Home, Single Family Residence
Condition
- Year built: 1998
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Septic Available, Water Available, Cable Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Lipan
Financial & listing details
- Price per square foot: $318/sqft
- Tax assessed value: $117,280
- Annual tax amount: $1,380
- Date on market: 12/7/2025
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional
- Exclusions: Shoe team roping chute is not staying with the property
Estimated market value
$429,700
$408,000 - $451,000
$1,462/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Contingent | $435,000$318/sqft |
Source: NTREIS #21126848 Report a problem | ||
| 12/7/2025 | Listed for sale | $435,000$318/sqft |
Source: NTREIS #21126848 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $230 -4.9% | $117,280 +4.9% |
| 2023 | $242 -82.6% | $111,800 +29.4% |
| 2022 | $1,388 +13.8% | $86,380 +21.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,571/mo
Principal & interest
$2107
Property taxes
$312
Home insurance
$152
Climate risks
Neighborhood: 76462
Nearby schools
GreatSchools rating
- 6/10Lipan Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 6/10Lipan High SchoolGrades: 7-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Lipan
- Middle: Lipan
- High: Lipan
- District: Lipan ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
