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Hood 76462
10400 Lipan Highway
$4,987,920
● Land - For Sale

10400 Lipan Highway

Lipan, TX 76462
bedrooms
Studio
bathrooms
0 Bath
$24,492
Est. Monthly

About This Property

Discover an exceptional opportunity to own approximately 311.74 acres of highly improved ranchland in Hood County, just outside Lipan, Texas. With road frontage on both Rocky Branch Highway and FM 4, this property offers convenient access, substantial improvements, and the infrastructure needed for a productive cattle operation. The ranch is fenced and cross-fenced, creating multiple pastures for rotational grazing and livestock management. Water is a standout feature, with five water wells and multiple stock tanks located throughout the property. Open grazing areas, mature trees, rolling terrain, and scenic views provide a beautiful setting with plenty of usable acreage.
Improvements include a spacious party pavilion, ideal for gatherings, events, or recreational use. A church structure is also under construction on the property but remains unfinished, offering potential for completion or repurposing by the next owner. Whether you are looking to expand an existing cattle operation, establish a private ranch retreat, or invest in a large Hood County landholding, this property offers a strong combination of location, water, infrastructure, and versatility.
Unit Size
-
Days on Market
-
Land Size
311.74 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1938

Listed By

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Last updated: 4 months ago (NTREIS #21339982)

Price History

Date / Event Date Event Price
Jul 23, 2026 Listed by CLARK REAL ESTATE GROUP $4,987,920
Listed by CLARK REAL ESTATE GROUP

Property Highlights

Exterior Details
Lot Features: Agricultural, Many Trees, Pasture, Acreage, Tank/ Pond
Lot Size Area: 311.74
Lot Size Units: Acres
Lot Size Acres: 311.74
Lot Size Square Feet: 13579394.4

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,314
  • Building Area: 1,314
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,314
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: C SHIPMAN - ABST 520
  • Land Acres: 0000002000
  • Standard Land Use Code: 7013
  • County Land Use Code: E3
  • Legal Description 1: ACRES: 2.000 ABST: C SHIPMAN - ABST 520

Neighborhood

  • School District Name: Lipan Independent School District
  • Census Tract: 160302

Geography

  • Assessors Map Reference: MAP 136
  • Parcel: 20520.000.0030.0
  • Municipality: LIPAN
  • Latitude: 32.5255
  • Longitude: -97.9731

    Address

  • Full Address: 10400 Lipan Hwy
  • Address - House Number: 10400
  • Address - Street Name: Lipan
  • Address - Suffix Type: Hwy
  • State: TX
  • City Name: Lipan
  • Carrier Code: R005
  • 4-Digit Zip Code: 6640
  • Zip Code: 76462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $72,703
  • Initial Tax Delinquent Year: 2021

    Market Valuation

  • Market Total Value: $53,300
  • Market Land Value: $6,800
  • Market Improvement Value: $46,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,300
  • Assessed Land Value: $6,800
  • Assessed Improvements Value: $46,500

    Sales

  • Current Sale Contract Date: Oct 09, 2014
  • Current Sale Recording Date: Oct 10, 2014
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2014-0009945
  • Previous Sale Recording Date: Sep 20, 1996
  • Previous Sale Contract Date: Sep 20, 1996
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hood


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Frequently Asked Questions

When was property at 10400 Lipan Highway built and last sold?
The property at 10400 Lipan Highway was built in 1938 and last sold on Oct 9, 2014 for $625,800.
How much is this home worth?
The estimated value of the home located at 10400 Lipan Highway is $5,037,799.
What are some comparable homes to 10400 Lipan Highway?
There are currently no comparable homes to 10400 Lipan Highway.