10400 Lipan Highway
Lipan, TX 76462
$4,987,920
Ranch · 311.74 ac
What it costs to own
An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.
About this home
Discover an exceptional opportunity to own approximately 311.74 acres of highly improved ranchland in Hood County, just outside Lipan, Texas. With road frontage on both Rocky Branch Highway and FM 4, this property offers convenient access, substantial improvements, and the infrastructure needed for a productive cattle operation. The ranch is fenced and cross-fenced, creating multiple pastures for rotational grazing and livestock management. Water is a standout feature, with five water wells and multiple stock tanks located throughout the property. Open grazing areas, mature trees, rolling terrain, and scenic views provide a beautiful setting with plenty of usable acreage.
Improvements include a spacious party pavilion, ideal for gatherings, events, or recreational use. A church structure is also under construction on the property but remains unfinished, offering potential for completion or repurposing by the next owner. Whether you are looking to expand an existing cattle operation, establish a private ranch retreat, or invest in a large Hood County landholding, this property offers a strong combination of location, water, infrastructure, and versatility.
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.

Around this home
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Listing courtesy of CLARK REAL ESTATE GROUP — Tim Clark.

Where it is

Robert & StephenInk Realty GroupWant the full story on this home?
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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21339982. Information last updated July 24, 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
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