
247 S Caddo Street, Lipan, TX 76462
Isaac Eaves Surv Abs #166 · Hood County
Key Facts
Description
100% RV OCCUPANCY- long term tenants. Endless Potential with Income-Generating Infrastructure in Place Welcome to Lipan Bunk and Board—a rare opportunity to own an established RV park and horse boarding facility just steps from the heart of Lipan, TX. Situated on city utilities (water & sewer), this property offers a low-maintenance setup and no TCEQ headaches, making it ideal for streamlined operation and future expansion. The current setup includes RV hookups, horse facilities, and an operational layout designed for ease and efficiency. Whether you're looking to keep it simple or dream big, this property delivers. With room to grow, the possibilities are endless: Add tiny homes, apartments, build out a storage facility for extra income, create a laundromat or service building to support tenants and boarders expand the horse amenities or add additional RV sites to increase capacity Turnkey investment with infrastructure, location, and freedom to scale. Located within city limits, you’ll enjoy all the perks of small-town Texas living while owning a property that works for you. The biggest perk, no zoning, no COOs, no permitting, etc. Opportunities like this don’t come often. Whether you're an investor, entrepreneur, or looking to live on-site and operate the business hands-on, its ready to go. 16 - 12x12 Pipe and Creosote Stalls with LED Lights 8 - 18x40 Pipe Turnouts 4 - 10x12 Feed and Tack Rooms 6 - 50 and 30amp Pull-through RV Slips
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
2024
Living Area
3,504 sq ft
Lot Size
2.71 acres
Parking Spaces
10
Days on Market
14
MLS® Listing#
21184843
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Parking
Fencing
Construction
Foundation
Roof
Utilities
Schools
- Elementary:
- Lipan
- Middle:
- Lipan
- High:
- Lipan
- District:
- Lipan ISD
Financial Details
Annual Taxes
$1,464
Parcel Number
R000041228
Directions
Traveling East on Lipan Highway, Right onto S Caddo Street and the property is on the Left.
Affordability Calculator
$85,000
Estimated monthly payment
$2,262/mo
Principal $340,000 · Est. interest $474,330 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lipan, TX
- $720,000
- Median Listing Price
- 54
- Median Days on Market
- 2,376
- Median Sq Ft
- $280
- Median Price / Sq Ft
- 40
- Active Listings
- This home’s price is 41% below the area median.
- Its price per sq ft is 57% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lipan, TX.
Location
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Points of Interest in Lipan, TX
Showing the Lipan area map.
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 100 Gilmore Court, Lipan, TX | $325,000 | — | — | — |
| 7801 Wd Court, Lipan, TX | $350,000 | 4 | 3 | 1,910 |
| 248 Yawney Drive, Lipan, TX | $354,999 | 3 | 2 | 1,557 |
| 252 Yawney Drive, Lipan, TX | $378,000 | 4 | 2 | 1,680 |
| 7640 Wd Court, Lipan, TX | $439,999 | 4 | 2 | 2,280 |
| 13122 Lipan Highway, Lipan, TX | $459,000 | 3 | 2 | 2,351 |
Moving Cost Estimate
EXIT Agents in Lipan
Listing Courtesy: Texas Real Estate Twins - 9407046033
Presented by: Chelsea Matlock
Last Updated: 2026-02-23

















