Lipan Homes under $500,000

Welcome to Lipan, Texas—a charming gem nestled in the heart of Parker County, where small-town charm meets the beauty of rural living. With a population of just over 500 residents, Lipan is a tight-knit community that offers a warm and inviting atmosphere, perfect for families, retirees, and anyone seeking a peaceful escape from the hustle and bustle of city life.

Lipan is known for its picturesque landscapes, featuring rolling hills and scenic views that make every day feel like a getaway. The town is steeped in history, with its roots dating back to the late 1800s. Residents enjoy a slower pace of life, complemented by friendly neighbors and a strong sense of community. The local schools are highly regarded, making it an ideal place for families looking to settle down.

For those searching for a home in Lipan, you’ll be delighted to discover that there are numerous options available for under $500,000. Whether you’re looking for a cozy cottage or a spacious family home, the real estate market here offers a variety of choices that cater to different tastes and budgets. Many homes boast large yards, perfect for outdoor activities and gatherings, while others feature modern amenities that blend comfort with style.

With its affordable housing options, friendly community spirit, and stunning natural surroundings, Lipan is a wonderful place to call home. Explore the possibilities and discover the charm of Lipan—where your dream home awaits!

Newest Lipan Homes under $500,000

$435,000

4 Beds ⋅ 3 Baths ⋅ 21394675 MLS

*Open House Saturday 10-10-2026 @11am-2pm!* Fall in love with this wonderful property in Lipan, TX! Great home with so many custom touches in acclaimed Lipan ISD with a nearly half basketball court in expansive backyard! This 4 bedroom, 3 bathroom home plus an office offers great entertaining space in the open concept living areas as well as the peaceful backyard. Tray ceilings, crown molding, & a whole home speaker system are just some of the special touches that set this home apart from the rest. Enjoy a quieter lifestyle in a town known for its athletic achievements, local festivals, & holiday traditions. If you can imagine yourself living in this beautiful home in this great established community enjoying fantastic sunrise views from your front porch, hurry to come see this one soon!

207 Dennis Rd, Lipan

$389,000

5 Beds ⋅ 3 Baths ⋅ 21392175 MLS

Some homes give you square footage. This one gives you a story to step into. Built around 1900, 202 N Kickapoo St has been part of Lipan for generations—and after a full renovation in 2016, it’s ready for the next one. Five bedrooms, three full baths, and 2,356 square feet offer room for the way life grows and changes. Throughout the home, original doors from the homestead, the staircase, and upstairs hardwood floors preserve the character that makes it one of a kind. Outside, the fully pipe-fenced 0.49-acre lot gives you space to enjoy, while a storm cellar adds peace of mind. The school is just down the street, and Lipan’s town center is an easy walk away. If you’ve been looking for a home with space, character, and a real connection to its community, come see this one in person.

202 N Kickapoo St, Lipan

$174,900

4 Beds ⋅ 3 Baths ⋅ 21390128 MLS

Move-in ready 4-bedroom, 3-bathroom home featuring over 2,250 sq ft of living space, a dedicated office, screened-in back porch and a recently built 2-car carport. Conveniently located within short walking distance of Lipan schools, local churches, and downtown businesses. Competitively priced, this property offers an exceptional opportunity for a growing family, a turnkey rental, or a flip project. Owner-occupied for the last 10 years and well cared for. Schedule a showing today to tour this spacious home in a great community!

105 Apache St, Lipan

$465,000

3 Beds ⋅ 3 Baths ⋅ 21376730 MLS

Experience the charm of country living offered at an exceptional price. This peaceful and secluded residence is nestled on 4.5 acres and is located about 10 minutes away from Granbury. Beyond the gated entrance, a private retreat awaits, surrounded by mature trees and ample distance from neighboring properties. Inside, the thoughtfully designed home offers generous living spaces for both everyday living and elegant entertaining, complete with added peace of mind thanks to a newly installed downstairs HVAC system (September 2026). A spacious second living area complete with a closet offers incredible versatility and can easily serve as an additional bedroom, private office, library, media room, or whatever best suits your lifestyle. Enjoy the flexibility of both a formal dining room and a separate breakfast nook. Outside, the possibilities are endless across the expansive acreage. An additional outbuilding provides exceptional versatility and can be utilized for storage, hobbies, a workshop, or potential guest accommodations. With plenty of open land remaining, there is ample opportunity to build the shop, additional structures, or custom amenities you've always envisioned. Offering privacy, versatility, and room to grow, this remarkable country property presents a rare opportunity to create your own private estate while enjoying the beauty and tranquility of country living. Schedule your showing today!

7600 Lipan Hwy, Lipan

$215,000

3 Beds ⋅ 2 Baths ⋅ 21367684 MLS

Fantastic Brock ISD Home, this is a 2023 Manufactured Home recently installed on this .58 acre lot. That means NEW Septic, HVAC & Electric connections for you - no worries over the big ticket items. Great sized, over half acre lot, offers lots of privacy with a tree lined back yard area. Huge covered front porch with a set back from the road offers lots of space to unwind. The highly esteemed Brock ISD causes this home to be a gem for under $250k! Book your showing today before missing out.

000 Fm 1189, Lipan

$376,650

3 Beds ⋅ 2 Baths ⋅ 21350860 MLS

Welcome to 125 Zaragosa Drive! Located in WILSON BEND, Lipan's newest and most popular neighborhood, sits this 3 bedroom, 2 bathroom new build on a spacious 0.5 acre lot! This home features wood like tile throughout the majority of the house, with carpet in the bedrooms, custom cabinets and walk in closets! Also featuring an engineered foundation, spray foam insulation, oversized garage, sprinkler system, fiber internet availability and other special features, this home is built to be energy efficient and last! All Wilson Bend homes were built with Aesthetics, Comfort, Longevity, Quality, Energy Efficiency, and Location in mind. This Home will be completely finished in less than a week, and will have more photos available soon. Ask about our 4.99% builder rate for approved buyers!

125 Zaragosa Dr, Lipan

$340,875

3 Beds ⋅ 2 Baths ⋅ 21350948 MLS

Welcome to 136 Zaragosa, where modern design meets small-town charm in the desirable Wilson Bend community just outside Lipan. Nestled on a generous half-acre lot, this beautifully crafted 3-bedroom, 2-bath home offers an open-concept layout that's ideal for entertaining and everyday living. The spacious kitchen features granite countertops, custom cabinetry, and overlooks the living and dining areas, creating the perfect gathering space. Wood-look tile flooring flows throughout the main living areas, while plush carpet adds comfort to each bedroom. The private primary suite includes a large walk-in closet, and the oversized 2-car garage provides added convenience and functionality. Built with quality craftsmanship and energy-efficient features, this move-in-ready home offers the perfect balance of comfort, style, and peaceful country living just minutes from town. Come experience all that Wilson Bend has to offer! This home will be complete in a few weeks and more photos will be ready then.

136 Zaragosa Dr, Lipan

$344,925

3 Beds ⋅ 2 Baths ⋅ 21350942 MLS

Welcome to Wilson Bend, a growing, established neighborhood just outside the charming town of Lipan! Situated on a spacious half-acre lot, 133 Zaragosa offers the perfect blend of quality craftsmanship, comfort, and energy efficiency. This well-built home features 3 bedrooms, 2 bathrooms, an oversized garage, and an inviting open-concept floor plan that's perfect for everyday living and entertaining. Inside, you'll find durable wood-look tile flooring throughout the main living areas, cozy carpet in the bedrooms, granite countertops, custom cabinetry, and a spacious walk-in closet in the primary suite. This home combines modern finishes with thoughtful design, offering peaceful country living just minutes from town.With an engineered foundation, fiber optic, spray foam insulation, and other special features, this property is built to be energy efficient for the owner! All Wilson Bend homes were built with Aesthetics, Comfort, Longevity, Quality, Energy Efficiency, and Location in mind. This home will be completed in a few weeks and more photos will be available then.

133 Zaragosa Dr, Lipan

$340,000

4 Beds ⋅ 2 Baths ⋅ 21324030 MLS

Two acres of private, treed land outside Lipan. The home is a three bedroom, two bath split floor plan with a dedicated office and a living room with a wood burning fireplace. Eat in kitchen with new appliances, full size laundry room, and closet storage throughout. Covered porches on two sides of the home, shaded by mature oaks. Major systems are current, with a newer roof and newer HVAC. A garden shed and tool shed are already in place, with room for an RV, equipment, or livestock.

7801 Wd Ct, Lipan

$475,000

3 Beds ⋅ 2 Baths ⋅ 21317168 MLS

PRICE ADJUSTMENT!!! CHECK THIS ONE OUT!! THIS ACREAGE FOR THIS PRICE IN BROCK ISD!! Custom built three-bedroom, 2 bathroom home that offers the perfect blend of a newer built home and peaceful country setting you dream of! Ideally suited for first-time buyers or anyone seeking a cozy, low-maintenance retreat, this residence features a bright and airy open-concept layout. The kitchen is a functional highlight, updated with premium granite countertops and a full suite of stainless steel appliances, providing a stylish space for meal preparation and daily living. One of the standout features of this property are the front and back covered porches, and the almost 3 acre country setting!! This versatile space offers a seamless transition to indoor-outdoor living, allowing you to enjoy the fresh air and rustic views in a comfortable, protected setting. Whether you’re hosting a weekend BBQ or relaxing with a book, this outdoor oasis is designed for year-round enjoyment. Conveniently located the highly acclaimed Brock ISD and just a short drive to Weatherford Granbury and Fort Worth Areas, this home ensures you are never far from everyday essentials while offering a quiet, private place to call your own. Schedule your showing today!

505 Double Tree Ln, Lipan

$189,900

2 Beds ⋅ 1 Baths ⋅ 21274864 MLS

Located just moments from the heart of downtown Lipan and near the School, this charming 2-1 home with Large Bonus Room, features beautiful reclaimed hardwood floors, offering an exceptional opportunity for investors, DIY enthusiasts, or anyone looking to create a custom dream home! Positioned on a prime corner lot with a 15 x 20 flex space outbuilding and a huge backyard, the location provides the perfect balance of small-town charm and room to grow, play, or expand. The home itself is a semi-completed renovation, with a new roof, siding, windows, featuring upgraded plumbing and electrical, saving you time and heavy lifting on the initial phases while leaving a blank canvas for your personal design choices, finishes, and layout preferences. Whether you are looking to finish out a high-potential flip, a potential rental, or to customize your own primary residence, the bones and progress are ready for your vision. Bring your tools and your imagination to bring this unpolished gem to its full potential! Sold as-is. Schedule your showing today to explore the possibilities!

203 N Kickapoo St, Lipan

$489,000

3 Beds ⋅ 2 Baths ⋅ 21274203 MLS

BEAUTIFUL 6.64-acre property that features a spacious 3BR 2BA home, multiple outbuildings, and fully functional livestock facilities. Great for those looking to start or expand a small farm or ranch. The home features wood floors, a cozy living room, and a second room for either dining or a study. All bedrooms are large and spacious, each with ample closet space. The primary suite includes an ensuite bathroom with a double shower and an extended vanity. The kitchen is equipped with an electric range, dishwasher, double sink, stainless steel refrigerator (included), and a cozy breakfast area. Recent exterior updates include exterior paint, an oversized garage with an additional sliding door for rear access. There is an attractive 3-rail wood fence in some of the perimeter areas. Enjoy outdoor living with a 38 x 10 covered back patio and an above-ground pool with a large wood deck. (Pool can be removed if necessary). The property is well-equipped for livestock and agricultural use, featuring: Large equipment barn (60 x 30 with slab), Metal building (36 x 108, formerly a chicken coop with gravel base), Livestock barn with storage, Covered hay barn-shelter (20 x 30), Concrete loading ramp and holding pens, Multiple fenced areas with pipe and wire fencing. A round Silo with a concrete floor makes a good storage building.

300 S Caddo St, Lipan

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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