8812 Lipan Highway
About This Property
The home is well maintained and thoughtfully designed, featuring an inviting layout with abundant natural light, spacious living areas, and a seamless flow that makes everyday living and entertaining effortless. The kitchen provides ample cabinetry and workspace, opening to a cozy dining area ideal for gathering with family and friends.
Step outside and take in the expansive acreage plenty of room for horses, a shop, a garden, or simply enjoying the wide open Texas skies. Whether you're sipping coffee on the porch at sunrise or watching the sunset stretch across the horizon, this property delivers the privacy and tranquility you've been looking for.
Located just a short drive from either Lipan or Granbury conveniences while still offering a true country feel, this hidden gem is ready for its next chapter. Bring your animals, your hobbies, and your dreams - there's room for it all here.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Listed by Keller Williams Brazos West | $325,000 | |
| Listed by Keller Williams Brazos West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017