# 20531 S Farm-Market 4, Lipan, TX 76462

> **TL;DR:** commercial, $544,995, built 2012.
> RV Parking. Est. $2,362/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $544,995 |
| Year Built | 2012 |
| Lot Size | 149,846 sqft (3.44 acres) |
| Property Type | Commercial (Office) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,362 |
| **Total** | **$2,362** |

## Key Amenities

- RV Parking

## Property Highlights

- Built in 2012
- 3.44 acre lot

## Description

### Agent Description
Multi-Use Investment Opportunity with Multiple Income Streams!
Positioned on 3.44 well-maintained acres just outside the city limits in the highly desirable Santo area, this versatile property offers exceptional potential for investors, entrepreneurs, or those seeking a live-work setup. With multiple residential units, guest accommodations, and a large insulated shop with office space, the property is well-suited for a variety of income-producing uses. The primary residence spans approximately 1,991 square feet and includes two bedrooms, two bathrooms, a spacious living area, utility room, and a large game room, along with a covered carport and patio. This structure could serve as a primary residence, long-term rental, or short-term rental unit. A second residence totaling approximately 840 square feet features two bedrooms, one bathroom, a full kitchen, living room, utility room, outdoor shower, and covered porches. This home provides additional rental income potential or housing for employees, extended family, or guests. An additional 144-square-foot cottage offers flexible use as a guest suite, office space, studio, or additional short-term rental. Supporting the property is a 30×40 foam-insulated shop complete with a 20×15 office and bathroom, making it ideal for a variety of business operations, workshop space, storage, or commercial service use. Utilities include co-op water servicing one residence and a private water well servicing the second residence, enhancing operational flexibility. Conveniently located between Stephenville, Granbury, Mineral Wells, and Gordon, the property offers strong regional accessibility while maintaining a rural setting ideal for residential rental, short-term lodging, home-based businesses, or mixed-use investment. This unique property provides multiple structures and diverse revenue opportunities in a growing North Texas market.

## Location

- **Address:** 20531 S Farm-Market 4, Lipan, TX 76462
- **County:** Palo Pinto
- **Neighborhood:** none
- **Coordinates:** 32.525078, -98.170068
- **Google Maps:** https://www.google.com/maps?q=32.525078,-98.170068

## Listing Agent

- **Name:** Levi Gutierrez
- **Brokerage:** Maverick Land Group, LLC
- **Phone:** 8305919840
- **Email:** levi@mavericklandgroupllc.com

## Primary Photo

![20531 S Farm-Market 4 - Primary Photo](http://lh.rdcpix.com/2e3a8031658489073a955031754ebe66l-f1902612342r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/20531-s-farm-market-4-lipan-tx-76462-21209527)*

---

**MLS#:** 21209527 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/20531-s-farm-market-4-lipan-tx-76462-21209527)

---

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