Paragon Realtors Real Estate

185 County Road 464Lipan, TX 76462Price: $75,000

  • Price: $75,000
  • Est. Mortgage of $/month
  • 29 Days on Market
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Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $75,000List Price
  • 2.5Acreage

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Listed by Joe Willingham of Keller Williams Brazos West (254-413-0698)
Discover a rare find just north of Morgan Mill with this unrestricted 2.5 acre tract of land (to be surveyed). In an area where small acreage is increasingly hard to find, this property stands out as a unique opportunity for those seeking independence. This offers the perfect canvas for your vision, whether you dream of building a custom home, a barndominium, establishing a quiet weekend retreat, or simply holding a piece of the Texas countryside as a long term investment. Free from the oversight of a Homeowners Association and strict development covenants, you have the creative freedom to use the land as you see fit. You can park an RV, build a workshop, raise livestock, or design a homestead without the red tape typically found in developments with restrictions. There is currently a mobile home on the property which will be removed prior to closing. It still has the electricity hookup and septic available. There is currently a shared water well agreement with the seller that they are willing to continue until an independent water supply can be established. Barton Water Supply says they will have water taps available at the road for $6,700 no later than January 2027. It's also possible to drill a well according to a local well drilling company. Located within the sought after Lipan area, you will enjoy the peace of rural living while remaining within a short drive of the amenities in Stephenville, Granbury and Weatherford. This is a rare chance to secure a manageable, private lot that isn't part of a cookie cutter community. If you have been searching for a small, affordable slice of Texas with no strings attached, this Lipan property is ready for its next chapter.

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Property Details of 185 County Road 464

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Based on information submitted to North Texas Real Estate Information Services as of May 22, 2026 3:01 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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