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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON OCT 27 2025 AT 12:22 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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20531 S FM 4

lipan, TX 76462

$544,995

  • 4 BR
    3 BA
    APPROX. 1,991 SF

INTERESTED? LET'S CONNECT

Multi-Home property on 3.44 acres in Santo ISD- Income Potential, Expansion Options & No Restrictions. A rare find in the highly rated Santo ISD, this unique property offers 2 separate living spaces, a large shop, and endless opportunities just outside of the city limits. Need more room? Additional land is available! The main home, 1,991 sq ft features 2 bedrooms, and 2 full baths, with a large game room perfect for entertaining. The second home, 840 sq ft features 2 bedrooms, 1 full bath, utility area, covered front and back porches, and even a cowboy shower. Also featured is a 144sq ft cottage that can be used as an office, studio, or a guest suite as well. The 30x40 insulated shop is a true standout, featuring an office, bathroom, and plenty of space for a workshop, home business, or a car collection. Additional features include, separate electrical meters for each structure, the main home is ran off of co-op water, as well as the shop, all other structures are ran off of well water, and a RV hookup. With no restrictions this property is ideal for multigenerational living, short term rentals, or running your own business from home. Bring your vision and expand with more acerage, and make this versatile property your own!

Details

1,991 Sq Ft

3.44 Private Acres Lot Size

Farm and Ranch Properties

Built in 2012

MLS/Listing ID 20928138

Amenities & Features

Cross-fenced

Perimeter

Concrete

Laminate

Slab

Dishwasher

Electric Range

Electric Water Heater

Gas Range

Microwave

Parking - Covered

Parking - RV Access/Parking

Parking - Secured

Metal

Construction - Steel Siding

Cooling - Ceiling Fans

Cooling - Central Air

Cooling - Wall Units

Rain Gutters

Heating - Electric

Cathedral Ceilings

Eat-in Kitchen

Outdoor Shower

Private Entrance

Storage

Open Floor Plan

Electric Dryer Hookup

Washer Hookup

Lot - Acreage

Parking - Attached Carport

NTREIS

Source of Data: NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS

estimate my mortgage

TOTAL MONTHLY COST

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  • PRINCIPAL & INTEREST

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  • PROPERTY TAXES

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  • COMMON CHARGES

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HOME PRICE
DOWN PAYMENT
term
INTEREST

Interested in 20531 S FM 4?