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Central Texas Multiple Listing Service

Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Fay Group Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.

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Rural Hood County Community

Houses in Lipan, TX

Welcome to Lipan, a small rural community in the northwestern corner of Hood County, Texas, between Granbury, Weatherford, and Stephenville.

Lipan is a small city in the northwestern corner of Hood County, Texas, in the rolling ranch country of North Central Texas. It sits at the intersection of Farm Roads 4 and 1189, about 16 miles northwest of the county seat of Granbury, and roughly midway between Weatherford to the east and Stephenville to the west. Its population of about 500 makes it one of the quieter incorporated places in the county, and it remains a distinctly rural community at the western edge of the sprawling Dallas-Fort Worth region. Settlers began moving into the area in the early 1850s, and the community took its name from the Lipan Apache people who had long ranged across the region. Lipan developed as a small agricultural and ranching settlement, with a church, a cemetery, a school, and a handful of businesses serving the surrounding farms. Its population has remained modest across its history, hovering in the few hundreds, which has preserved the town's small, unhurried character even as the Metroplex has grown closer. Today Lipan is best known for its school district. Lipan Independent School District is a small, rural system whose campuses and athletic programs, particularly the Lipan Indians' storied basketball tradition, give the community its identity and draw. Most residents own their homes, and the local economy is tied to ranching, agriculture, and work in the nearby towns of Granbury, Weatherford, and Stephenville. For homebuyers, Lipan offers quiet, spacious country living with a close-knit school community, at a remove from suburban congestion while keeping the amenities of the Fort Worth area within roughly an hour's drive. It suits those seeking a homestead, a rural retirement, or a small-town place to raise a family, with a clear-eyed understanding that daily conveniences lie in the neighboring cities.

Fay Group Real Estate
Fay Group Real Estate Fay Group Real Estate

Get more information about Lipan

Lipan, TX 4 photos
Photo: Renelibrary
Listings 91
Population 505
County Hood County

MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 0
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $525,000 -3.7%
square_foot Price per Sq Ft $332
schedule Avg Days on Market 102
sell Homes Sold 21
percent Sale-to-List Ratio 100.0%
inventory_2 Months of Inventory 5.9

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

BROWSE BY ZIP

Zip Codes

Browse listings by postal code in this area.

750501 home for saleMedian sale$420KPer sq ft$18475 sales in the last 90 days
751092 homes for saleMedian sale$502.1KPer sq ft$26320 sales in the last 90 days
751101 home for saleMedian sale$242.5KPer sq ft$14558 sales in the last 90 days
751432 homes for saleMedian sale$392.5KPer sq ft$20538 sales in the last 90 days
751472 homes for saleMedian sale$319KPer sq ft$21223 sales in the last 90 days
751521 home for saleMedian sale$313KPer sq ft$21219 sales in the last 90 days
751601 home for saleMedian sale$314.9KPer sq ft$17771 sales in the last 90 days
751661 home for saleMedian sale$350KPer sq ft$168160 sales in the last 90 days
751891 home for saleMedian sale$349.9KPer sq ft$172373 sales in the last 90 days
752171 home for saleMedian sale$229.9KPer sq ft$16284 sales in the last 90 days
754232 homes for saleMedian sale$477KPer sq ft$21513 sales in the last 90 days
754282 homes for saleMedian sale$215KPer sq ft$13825 sales in the last 90 days
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