Home For Sale In Lipan, Texas

house for sale

Listed: 04/15/24

142 East Brown Street, Lipan, Hood County, TX 76462, USA

8 Bed:

4 Bath:

2,890 Sq Ft Living Area:

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Price

$ 475,000

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About This House

Prime Income Investment Opportunity! 4 Well-Appointed Units each with 2 Bedrooms and 1 Bathroom each at Approx. 800 Square Feet Providing Ample Space for Tenants. This Property is Centrally Located Between Granbury, Stephenville, Mineral Wells, and Weatherford for Tenants to Commute to Fort Worth if needed. With Various Surrounding Towns for Employment and Amenities, and Located in Exceptional Lipan ISD this Property will be Well Sought After by Tenants. This Quadplex Offers an Exceptional Investment Opportunity. Property is currently being Managed by Local, Reputable Property Management Company, Ensuring Hassle-Free Ownership for Investors. If First Time Investor, this Property would be a Great Start on Building Your Investment Portfolio or a Great Asset to Add to an already Established Investor's Portfolio. Don't Miss Out On This Opportunity!

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Original listing

Lipan Housing & Living

Household Income

Median household income: $55,417

Number of households: 159

The average household income in Lipan, TX grew from $46,607 to $55,417 in the past year. This data is an estimate based upon 159 households in Lipan, TX.
The chart below presents how household income is distributed in Lipan, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lipan, TX compared to median property taxes around the country. The prevalent amount of property taxes in Lipan, TX equals <$800 , which is less than the national average.