Skip to content
Photo 1 of 29
Photo 1 of 29 — 247 S Caddo Street, Lipan, TX 76462
View all 29 photos

247 S Caddo Street, Lipan, TX 76462

Isaac Eaves Surv Abs #166 · Hood County

Key Facts

3,504Sq Ft
2024Year Built
2.71Lot (acres)

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

Other

Appliances

None

Cooling

Other

Heating

Other

Flooring

Dirt

Parking

On SiteOpenRV Access/Parking

Fencing

Other

Construction

Aluminum Siding

Foundation

None

Roof

Metal

Utilities

Electricity Available

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

Map is currently unavailable for this location.

Points of Interest in Lipan, TX

Showing the Lipan area map.

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
100 Gilmore Court, Lipan, TX$325,000
7801 Wd Court, Lipan, TX$350,000431,910
248 Yawney Drive, Lipan, TX$354,999321,557
252 Yawney Drive, Lipan, TX$378,000421,680
7640 Wd Court, Lipan, TX$439,999422,280
13122 Lipan Highway, Lipan, TX$459,000322,351

Moving Cost Estimate

EXIT Agents in Lipan

Dallas MLS - N.T.R.E.I.S. logo

Listing Courtesy: Texas Real Estate Twins - 9407046033

Presented by: Chelsea Matlock

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Last Updated: 2026-02-23

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Granbury Association Of Realtors. MLS® Listing#21184843. © 2026EXIT Realty®. All rights reserved.