# 31577 N US Highway 281, Lipan, TX 76462

> **TL;DR:** 3bd/2ba single family, $1,200,000 ($577/sqft), built 1999, 2,078 sqft. Est. $5,200/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,200,000 |
| Price/sqft | $577 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 2,078 |
| Year Built | 1999 |
| Lot Size | 1,219,680 sqft (28.00 acres) |
| Stories | 2 |
| Property Type | Single Family (Farm) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,200 |
| **Total** | **$5,200** |

## Nearby Schools

- **Elementary:** Santo

## Property Highlights

- Built in 1999
- 28.00 acre lot
- 2 stories

## Description

### Agent Description
Immaculately maintained, AG EXEMPT, 28 acre ranch just outside of Stephenville offering the perfect blend of country living and functionality. This property features 3 bedrooms and 2 baths with an open concept layout and modern finishes. Ideal for equestrian use with 6 stall horse barn, tack room with revolving saddle rack wall, RV cover with water and electric, outdoor kitchen, hay barn, 3 tanks and plenty of room for riding and grazing. Property includes a guest home perfect for visitors, extended family or rental potential .A beautiful property with peaceful views and wide open space. Seller will provide a home warranty policy for the first year to Buyer.

## Location

- **Address:** 31577 N US Highway 281, Lipan, TX 76462
- **County:** Erath
- **Neighborhood:** COUNTRY HILLS
- **Coordinates:** 32.45422, -98.143513
- **Google Maps:** https://www.google.com/maps?q=32.45422,-98.143513

## Listing Agent

- **Name:** Rhonda Day
- **Brokerage:** We Sell Texas
- **Phone:** 8172405461
- **Email:** rhondaday@rocketmail.com

## Primary Photo

![31577 N US Highway 281 - Primary Photo](http://lh.rdcpix.com/a88498abe593b213bb4250f5b3fbea02l-f116269017r.jpg)

*40 total photos available on [listing page](https://www.propertysimple.com/listing/31577-n-us-highway-281-lipan-tx-76462-21244347)*

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**MLS#:** 21244347 | **Updated:** 2026-06-18
**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/31577-n-us-highway-281-lipan-tx-76462-21244347)

---

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