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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
- Listed by Chelsea Matlock • TREC #0696931 • Texas Real Estate Twins
Property Details for 247 South Caddo Street
Property Details for 247 South Caddo Street
| Status | Active |
|---|---|
| MLS # | 21184843 |
| Days on Market | 93 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family / Multiple Single Units |
| Year Built | 2024 |
| Lot Size | 2.70 AC / 117,829 SF |
| County | Hood County |
Location
Building Information for 247 South Caddo Street
Payment Calculator
$2,253 per month
30 year fixed, 6.36% Interest
$2,118
$135
$0
Property Information for 247 South Caddo Street
- 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 Features: On Site, Open, RV Access/Parking
- Tax Legal Description: ACRES: 2.705 ABST: I EAVES - ABST 166
- Association Type: None
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/ntreis/21184843
- Flooring: Dirt
- Heating: Other
- Interior Features: Other
- Appliances: None
- Cooling: Other
- Smart Home Features Appor Pass Y: No
- 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
- Utilities: Dirt, Electricity Available
- Financing Proposed: Cash, Conventional
- Handicap: No
- Loan Type: Treat As Clear
- Property Match: APN
- 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
- Number Of Buildings: 1
- Capitalization Rate: .00%
- Gross Annual Expenses: $1
- Gross Annual Income: $1
- Insurance Expense: $1
- Net Operation Income: $1.00
- 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
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 23, 2026 | Listed (Active) NTREIS #21184843 | $425,000 | — |
| Aug 30, 2025 | Withdrawn NTREIS #21009340 | — | |
| Aug 30, 2025 | Temporarily Off Market NTREIS #21009340 | — | |
| Jul 30, 2025 | Listed (Active) NTREIS #21009340 | $500,000 | — |
| May 4, 2023 | Sold NTREIS #20252876 | — | |
| Apr 26, 2023 | Pending NTREIS #20252876 | — | |
| Feb 7, 2023 | Listed (Active) NTREIS #20252876 | $150,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/23/2026 | Listed (Active) NTREIS #21184843 | $425,000 |
| 08/30/2025 | Withdrawn NTREIS #21009340 | — |
| 08/30/2025 | Temporarily Off Market NTREIS #21009340 | — |
| 07/30/2025 | Listed (Active) NTREIS #21009340 | $500,000 |
| 05/04/2023 | Sold NTREIS #20252876 | — |
| 04/26/2023 | Pending NTREIS #20252876 | — |
| 02/07/2023 | Listed (Active) NTREIS #20252876 | $150,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 247 South Caddo Street
Schools near 247 South Caddo Street
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.
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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






























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