247 S Caddo St

Beds
Baths
3,504 Sq. Ft.
$121 / Sq. Ft.
3,504
Sq. Ft.
$121
per Sq. Ft.

Description

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
...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
  1. Listed by Chelsea Matlock • TREC #0696931 • Texas Real Estate Twins

Property Details for 247 South Caddo Street

Subdivision Name
Isaac Eaves Surv Abs #166
Pool
No
Number Of Parking Spaces
10
LISTING UPDATED: 03/09/2026 02:34 PM

Property Details for 247 South Caddo Street

StatusActive
MLS #21184843
Days on Market93
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Multiple Single Units
Year Built2024
Lot Size2.70 AC / 117,829 SF
CountyHood County

Location

Listing Courtesy of Texas Real Estate Twins, Chelsea Matlock
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Building Information for 247 South Caddo Street

Stories1Residences6Year Built2024Building Size-Lot Size2.70 AC / 117,829 SF

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OriginPoint Mortgage or Rocket Mortgage1

$2,253 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,118

Property Taxes

$135

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 247 South Caddo Street

Summary
Location and General Information
  • Complex Name: none
  • Directions: Traveling East on Lipan Highway, Right onto S Caddo Street and the property is on the Left.
  • Elementary School: Lipan
  • Elementary School Name: Lipan
  • High School: Lipan
  • High School Name: Lipan
  • Middle School: Lipan
  • Year Built Details: Preowned
  • School District: Lipan ISD
  • Geocode Confidence: High
  • Latitude: 32.51
  • Longitude: -98.05
  • State: Texas
Parking
  • Parking Features: On Site, Open, RV Access/Parking
Taxes and HOA Information
  • Tax Legal Description: ACRES: 2.705 ABST: I EAVES - ABST 166
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Dirt
  • Heating: Other
  • Interior Features: Other
  • Appliances: None
  • Cooling: Other
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Owner
  • Construction Materials: Aluminum Siding
  • Fencing: Other
  • Foundation Details: None
  • Number Of Stories: 1
  • Roof: Metal
  • Waterfront: No
  • Number Of Units Total: 6
  • Levels: One
Property
Utilities
  • Utilities: Dirt, Electricity Available
Property and Assessments
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 2.705
  • Lot Size Area: 2.705
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 117829.8
  • Multi Parcel ID: No
  • Parcel Number: R000041228
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $1
  • Gross Annual Income: $1
  • Insurance Expense: $1
  • Net Operation Income: $1.00
Unit 1
  • Approximate SQFT: 1.0
  • Average Lease Amount: $1.00
  • Living Area Length: 1.0
  • Living Area Width: 1.0
  • Unit Type Type: Studio
  • Unit Type Units Total: 6

Property History for 247 South Caddo Street

DateEvent & SourcePriceAppreciation
Feb 23, 2026

Listed (Active)

NTREIS #21184843

$425,000
Aug 30, 2025

Withdrawn

NTREIS #21009340

Aug 30, 2025

Temporarily Off Market

NTREIS #21009340

DateEvent & SourcePrice
02/23/2026

Listed (Active)

NTREIS #21184843

$425,000
08/30/2025

Withdrawn

NTREIS #21009340

08/30/2025

Temporarily Off Market

NTREIS #21009340

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 247 South Caddo Street

Taxable ValueLand$94,680Additions$10,000Total$104,680
Tax Record2025$1,618 ($135 / month)
Home Facts
Total Finished SqFt936 SqFtAbove Grade Finished SqFt936 SqFtStories1Lot Size117,830 SqFtStyleMiscellaneous CommercialYear Built1997CountyHOODAPN20166.001.0110.0

Schools near 247 South Caddo Street

This home is within Lipan Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
Lipan Elementary School
PublicPK to 5

Lipan High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

247 South Caddo Street is a multi-family home for sale in Lipan, TX 76462. This property was listed for sale on February 23, 2026 by Texas Real Estate Twins, it's currently listed at $425,000. It has been on the market for a total of 93 days and was last sold on May 4, 2023. This listing's school district is Lipan Independent School District. Nearby schools include Lipan Elementary School and Lipan High School. 247 South Caddo Street is a 0-bed, 0-bath, 3,504 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Texas Real Estate Twins, Chelsea Matlock

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass and its related brokerages. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 03/09/2026 02:34 PM