116 E Lipan Dr, Lipan, TX, 76462
About This Home
MOTIVATED SELLER!!!!! THE INTERIOR HAS BEEN COMPLETELY REMODELED in this 2 bedroom, 1 bath home situated on a large corner lot! You will love the updates made to this home conveniently located in the heart of Lipan, directly on Highway 4. The entire home has fresh paint, new interior doors, new ceiling fans, new light fixtures, and beautiful luxury vinyl plank flooring throughout. The eat in kitchen features new shaker cabinets and granite countertops. The bathroom is brand new, too! There is a one car attached carport. The back yard is fenced with some mature trees. The foundation work is completed with a transferable warranty. This move in home will make a great starter home, investment or great potential for your business venture. YOUR IMAGINATION CAN OPEN THE DOORS FOR YOUR DREAM HOME! YOUR NEW HOME IS CALLING, WILL YOU ANSWER? (Disclaimer: All property information is deemed reliable but not guaranteed. Buyers, tenants, and their representatives should independently verify all details, including but not limited to measurements, permitted uses, zoning, schools, utilities, taxes and any other information important to their decision-making.)
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1945
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room
Bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 11 x 15
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Decorative/Designer Lighting Fixtures,Eat-in Kitchen
- Flooring: Luxury Vinyl Plank
Heating & Cooling
- Heating features: Other
- Cooling features: Ceiling Fan(s)
Interior Area
- Total interior livable area: 1,037 sqft
Kitchen
- Features: Built-in Features,Eat-in Kitchen,Granite Counters
- Level: First
- Dimensions: 12 x 10
Living Room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 20 x 14
Master Bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 19 x 10
Office
- Level: First
- Dimensions: 8 x 8
Utility Room
- Features: Utility Room
- Level: First
- Dimensions: 5 x 8
Property
Details
- Parcel number: R000038931
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Covered
Lot
- Lot size: 3,049 sqft
Parking
- Total spaces: 1
- Parking features: Attached Carport
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Hail
- Lightning
- Wildfire
- Drought
- Heat Wave
- Inland Flooding
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $958 | $11,496 |
| Home Insurance * | $140 | $1,680 |
| Property Taxes | $238 | $2,856 |
| Electricity | $238 | $2,859 |
| Total | $1,574 | $18,888 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-31 | Price change | $199,700 |
| 2026-03-18 | Price change | $209,500 |
| 2026-03-05 | Price change | $215,000 |
| 2026-02-19 | Listed for sale | $220,000 |
| 2025-10-03 | Listing removed | $93,499 |
| 2025-07-30 | Price change | $93,499 |
| 2025-06-20 | Price change | $96,900 |
| 2025-05-25 | Price change | $103,000 |
| 2025-04-03 | Listed for sale | $110,000 |
For Sale by Agent
View on Zillow