Address
220 W Lipan Drive, Lipan, TX
Price
$ 420,000
Property Attributes
  • MLS#20086463
  • TypeCommercial
  • CountyHOOD
  • CityLipan
  • NeighborhoodLipan
  • Zip76462
  • StyleBusiness
  • Year Built1985
  • Taxes$ 2434
  • Price$ 420,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.826 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Great Commercial-Residential Property Located in Lipan City Limits between Dollar General and the City Softball and Little League Fields. Perfect road frontage on West Lipan Dr with endless possibilities as Commercial, Retail, Wholesale, Daycare, Entertainment, Office Space, Restaurant, Residential (currently 2 BR-1 B), Church (building originally built for a Church),etc.... Take advantage of this opportunity to own 8600+ sq ft of Prime Real Estate within the City Limits with Low City Taxes. Don't miss this opportunity to become a part of this Small but Growing Community!

Price History
6/25/2022 Listed $750,000
9/15/2022 20% - $600,000
11/23/2022 9% - $550,000
12/31/2022 10% - $495,000
2/26/2023 10% - $450,000
4/17/2023 7% - $420,000

General Features

Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Utilities City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Natural Gas Available,Overhead Utilities,Phone Available
Ceiling Height 8 to10 Feet,15 to 20 Feet
Possession Closing/Funding
Roof Composition
Exclusions 40 ft Convex Shipping Container,Electric Range in Kitchen
Year Built 1985
Tenant Pays All Utilities
Business Type Church,Commercial
Unexempt Taxes 2434
Building Use Beauty/Barber,Building Services,Church,Food Service,Medical,Office,Office/Warehouse,Restaurant,Retail,Schools,Wholesale,Other
Owner Pays All Utilities
Will Subdivide No
Gross Annual Expenses 75000.00
Property SubType Business
Subdivision Name Lipan
Zoning Description Mixed
Occupant Type Owner
County Hood
Property Type Commercial Sale
Security Features Security Lights,Security System,Smoke Detector(s)
Construction Materials Brick,Siding
Year Built Details Preowned
Special Notes Deed Restrictions,Survey Available
Status Active
Directions From Lipan head West on FM 4 (W Lipan Dr) Property located on right,between Dollar General and City Softball Field. SOP
City Lipan
Buyer Agent Compensation 3
Street Name Lipan
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20086463
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Carpet,Concrete
Total Stories 1
Total Units 1
SQFT Gross 79541
Lock Box Type Blue BT LE
Street Suffix Drive

Exterior Features

Lot Features Few Trees
Lot Size Source Assessor
Parking Features Aggregate,Parking Lot
Lot Size 1 to < 3 Acres
Foundation Slab
Lot Size Area 1.8260
Lot Size Units Acres
Building Area Total 8631.00
Lot Size Square Feet 79540.5600
Lot Size Acres 1.8260

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 76462

Price
AVG $420K
$420K
Taxes
AVG $2,434
$2,434
Visits
AVG 69
68
Data Provided by Inside Real Estate®
Year Built
AVG 1985
1985
Walkscore
AVG 27
27
Data Provided by Walkscore® not using MLS data

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