10400 Lipan Highway, Lipan, Texas

MLS ID: 21339982

Status: Active

Price: $4,987,920

Acres: 311.74±

Type: Ranch, Land

Address: 10400 Lipan Highway

City, State: Lipan, TX

County: Hood County

ZIP Code: 76462

Lat/Long: 32.52294, -97.968207

Parcel Number: R000110817

Description

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.

Directions: From Highway 281, turn east onto FM 4 toward Lipan. Continue through town as FM 4 becomes Lipan Drive, then continue east as the road becomes Lipan Highway. The property will be located at 10400 Lipan Highway.

Additional Information

Exterior

Horse: Yes

Lot Features: Acreage, Agricultural, Pasture, Pond On Lot, Many Trees

Lot Size Area: 312

Lot Size Square Feet: 13,579,394

Lot Size Units: Acres

Road Frontage Type: Farm To Market Road, Highway

Water Source: Well

Financial/HOA/Schools

Elementary School: Lipan

Elementary School District: Lipan ISD

Middle School: Lipan

Middle School District: Lipan ISD

High School: Lipan

High School District: Lipan ISD

Extra Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/21339982

Maps

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Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of November 14, 2026 at 12:06:53 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: November 14, 2026 at 12:06:53 AM UTC. Copyright 2026 North Texas Real Estate Information Systems, Inc. Listings marked with the NTREIS logo are provided courtesy of the North Texas Real Estate Information Systems, Inc. Internet Data Exchange.

Listed By: Tim Clark of Clark Real Estate Group