19514 S FM 4 Lipan, TX 76462

$1,036,000

About this home

Property Overview

WATER, WATER, WATER! Rare Opportunity To Own 64+ Acres On The Santo-Lipan Boundary Line Featuring Exceptional Water Resources & Endless Potential. This Property Offers Two Existing Santo Water District Meters — A Highly Valuable Feature As New Water Meters South Of Interstate 20 Are Currently Unavailable. In Addition, The Property Includes A Refurbished Water Well With New Casing & Solar Pump Producing Approximately 8 Gallons Per Minute. The Land Is Well Equipped With A Seasonal Creek, Three Stock Tanks Including One Approximately 3 Acres In Size & 25 Feet Deep, Making This An Outstanding Property For Livestock, Recreation, Or Future Development. Currently Used For Grazing Cattle, The Ranch Features New Perimeter Fencing, A Newly Constructed Entrance Off FM 4, & An Elevated Driveway. Additional Improvements Include Existing House & Shop Pads, A 15x30 Storage Building, Electric Meter & Overhead Power Lines At The South End Of The Property. Much Of The Acreage Has Been Cleared While Still Maintaining Beautiful Native Brush & Large Oak Trees, Especially Along The Creek Areas, Creating A Scenic Blend Of Open Pasture & Natural Texas Landscape. Located In Highly Desired Santo ISD With Approximately 2,500 Feet Of FM 4 Frontage & Only 3 Miles To Interstate 20 For Convenient Access To Fort Worth Or Abilene. Excellent Soil In The Area Supports Sudan & Wheat Production Nearby. Refer To Survey For Boundary Lines & Flood Plain Information. This Property Truly Checks The Boxes With Incredible Water Features, Accessibility, Agricultural Use, Recreational Appeal, & Development Potential. Owner May Consider Short-Term Financing With Large Down Payment.