20531 S FM 4, Lipan, TX 76462

UNIQUE MULTI-HOME PROPERTY on 3.44 ACRES in Highly-Rated Santo ISD — Additional Land Available! Endless opportunities await just outside city limits! This rare and versatile multi-home property sits on 3.44 unrestricted acres in the sought-after Santo ISD—with the option to purchase more land! The main residence is a spacious 1,991 sq ft home featuring 2 large bedrooms, 2 full baths, and an oversized game room perfect for entertaining. Enjoy year-round comfort on the covered patio and carport. The second home offers 840 sq ft, 2 bedrooms, 1 bath, a cozy living area, full kitchen, utility room, and covered front and back porches—plus a rustic outdoor cowboy shower. Ideal for guests, rental income, or multigenerational living! Need even more space? The 144 sq ft detached cottage is equipped with a mini-split system and makes a great guest suite, office, or storage area. A standout feature is the 30 x 40 foam-insulated shop, complete with a 20 x 15 office, full bathroom, and endless space for a home business, car collection, or workshop. Separate electric meters for each structure .Main home on co-op water, other structures on well water .RV hookup already in place This property offers the freedom to live, rent, or run a business—all from one location! Whether you’re an investor, a growing family, or someone looking for a work setup, this is your chance to own a truly unique setup with room to grow. Ask about purchasing additional acreage to expand your vision! We have contacts for lenders for this specific property