• Office Phone - 214.572.1400
  • Primary - 214.801.4417

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Listing provided courtesy of Texas Real Estate Twins- MLS# 21184843MLS ProviderContact Information: Chelsea Matlock

247 S Caddo StreetLipan, TX 76462

Multi-Family · 3,504 Sq. ft. | 2.70 Acres
$425,000 Active

247 S Caddo Street Overview

Visits:
6

100% RV OCCUPANCY- long term tenants. Endless Potential with Income-Generating Infrastructure in Place Welcome to Lipan Bunk and Board—a rare opportunity to own an established RV park and horse boarding facility just steps from the heart of Lipan, TX. Situated on city utilities (water & sewer), this property offers a low-maintenance setup and no TCEQ headaches, making it ideal for streamlined operation and future expansion. The current setup includes RV hookups, horse facilities, and an operational layout designed for ease and efficiency. Whether you're looking to keep it simple or dream big, this property delivers. With room to grow, the possibilities are endless: Add tiny homes, apartments, build out a storage facility for extra income, create a laundromat or service building to support tenants and boarders expand the horse amenities or add additional RV sites to increase capacity Turnkey investment with infrastructure, location, and freedom to scale. Located within city limits, you’ll enjoy all the perks of small-town Texas living while owning a property that works for you. The biggest perk, no zoning, no COOs, no permitting, etc. Opportunities like this don’t come often. Whether you're an investor, entrepreneur, or looking to live on-site and operate the business hands-on, its ready to go. 16 - 12x12 Pipe and Creosote Stalls with LED Lights 8 - 18x40 Pipe Turnouts 4 - 10x12 Feed and Tack Rooms 6 - 50 and 30amp Pull-through RV Slips

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247 S Caddo Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,504
  • Price/Sq.ft. $121
  • Lot 2.70 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Lipan ISD
  • Elementary School: Lipan
  • Middle Or Junior School: Lipan
  • High School: Lipan

Income/Expenses

  • Gross Income: 1.0
  • Insurance Expense: 1.0
  • Net Operating Income: 1.0

Building Information

  • Year Built: 2024
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Hood
  • Postal City: LIPAN
  • Subdivision Name: Isaac Eaves Surv Abs #166

Tax Information

  • Tax Annual Amount: 1464.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R000041228
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Owner
  • Building Area Total: 3504.0

General Information

  • Cooling: Other
  • Flooring: Dirt
  • Foundation Details: None
  • Heating: Other
  • Interior Features: Other
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Open Parking: Yes
  • Parking Features: On Site,Open,RV Access/Parking
  • Parking Total: 10.0

Lot Information

  • Lot Size Acres: 2.705
  • Lot Size Area: 2.705
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 117829.8
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Road Surface Type: Dirt

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Aluminum Siding
  • Roof: Metal

General Information

  • Fencing: Other
  • Number Of Units Total: 6
  • Pool Features: None
  • Utilities: Electricity Available

Unit Information

Unit 1 Details

  • Unit Type: Studio
  • Units Total: 6

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

247 S Caddo Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

247 S Caddo Street Market Data

Based on the last 30 days in this zip code

$1,039,863
Average List Price
$420
Average Price per Square Foot
8
Properties Sold
127
Average Days on Market
50
Properties for Sale
Calculations provided by Reliance Network


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