25495 FM 4
Lipan, TX 76462
$1,249,000
1 bd · 1 ba · 820 sq ft · 32.04 ac
What it costs to own
Taxes shown reflect the current owner's exemptions and may change after purchase.
About this home
This exceptional equestrian property offers everything you need for serious roping and horse care, with a focus on functionality, comfort, and convenience. Located just minutes from I-20 and only 20 minutes from the Cowboy Capital of the World, Stephenville, TX, this property combines the best of country living with easy access to local amenities. The covered calf alley is perfect for roping and livestock management, providing shelter from the elements to allow for year-round practice and handling, no matter the weather. Adjacent to the alley, the fully-equipped outdoor arena offers ample space for roping, training, and competition, making it ideal for anyone serious about their equestrian pursuits. With two water tanks strategically placed around the property, you'll have a reliable water source for your livestock even in dry conditions. The great sandy soil on the property promotes healthy grazing, making it ideal for horses and other animals. For your horses, there are eight covered stalls that provide shelter from the elements, along with a spacious tack room to store saddles, bridles, and all necessary gear. The property is also fenced and cross-fenced with multiple pastures, giving you the ability to safely manage your livestock and rotate them between different areas. For living accommodations, the property includes a charming one-bedroom apartment, perfect for a caretaker or as a secondary living space. In addition, there’s a tiny home that can be used for guests, staff, or even as a rental property. All of this is conveniently located just minutes from I-20 and a short 20-minute drive from Stephenville, TX, offering the perfect blend of rural tranquility and proximity to the amenities and attractions of the Cowboy Capital. Whether you’re a professional roper or simply looking for an ideal property for your horses, this ranch offers the space, facilities, and peaceful surroundings to thrive.
The details

Around this home
One moment…
Everyday life
Your places stay on this device. We never sell or share them. Read the full privacy policy
Listing courtesy of HARBCO Realty — Mechelle Tyler.

Where it is

Robert & StephenInk Realty GroupWant the full story on this home?
What a listing cannot tell you: the street, the timing, the leverage. That is our work.
Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21420989. Information last updated October 27, 2026.
Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.
Ink Realty Group is brokered by eXp Realty.
Ink Realty Group
Want us to watch this for you?
Price drops, status changes, new matches — straight to your inbox. One email address is all it takes. No password, ever.
