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General Description
minimizeEndless possibilities exist! Two homes, separate guest cottage, large shop with office, and parking pad for RV on 3.44 acres! Located in desirable Santo ISD outside the city limits. Water provided by coop for one house and a well for the other. Each has separate electric meter. Original 1991 sf home has 2 bed, 2 bath, living, utility, large game room, with attached covered carport and patio. Second house is 840 sf, 2 bed, 1 bath, living, utility, kitchen, outdoor shower, and 2 covered porches. Cottage is 144 sf bedroom with window unit. 30 x 40 shop is foam insulated with a 20 x 15 office and bathroom. RV pad has water and electric hook up. Water tank, variety of foliage, fence and cross fencing to enjoy all your outdoor activities. Pride in ownership abounds! Live, rent, work all from one location! Centrally located between Stephenville, Granbury, Mineral Wells and Gordon. Shopping, Tarleton College, restaurants, feed store, bank, medical are close.
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $131.50 | $261,820 | 0.60% | $229,500 | 5.80% |
| 2022 | $130.71 | $260,250 | 13.48% | $216,920 | 9.78% |
| 2021 | $115.18 | $229,330 | 24.08% | $197,600 | 19.98% |
| 2020 | $92.83 | $184,830 | 38.07% | $164,700 | 23.03% |
| 2019 | $67.24 | $133,870 | 3.67% | $133,870 | 3.67% |
| 2018 | $64.86 | $129,130 | 114.61% | $129,130 | 114.61% |
| 2012 | $30.22 | $60,170 | $60,170 |
2023 Palo Pinto County Appraisal District Tax Value
| Market Land Value: | $28,780 |
| Market Improvement Value: | $233,040 |
| Total Market Value: | $261,820 |
2023 Tax Rates
| PALO PINTO COUNTY: | 0.3059 % |
| EMERGENCY SERVICE DISTRICT 1: | 0.0274 % |
| PALO PINTO HOSPITAL DISTRICT: | 0.3021 % |
| SANTO ISD: | 0.7844 % |
| Total Tax Rate: | 1.4198 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,776 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 272 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Excellent | 
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Property Map
minimize20531 S Fm 4 Lipan TX 76462 was recently sold. It is a 1.44 Acre(s) Lot, 1,991 SQFT, 2 Beds, 2 Full Bath(s) in Lipan.
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