Lipan Homes under $500,000

Welcome to Lipan, Texas – a hidden gem nestled in the heart of Parker County! This charming small town is a perfect blend of rustic charm and modern convenience, making it an ideal place to call home. With a population of just over 1,000 residents, Lipan offers a close-knit community atmosphere where neighbors become friends, and local businesses thrive.

Lipan is known for its picturesque landscapes, friendly people, and a slower pace of life that many find refreshing. Outdoor enthusiasts will appreciate the nearby lakes and parks, perfect for fishing, boating, and enjoying nature. The town is also home to several annual events that celebrate its rich heritage, including rodeos and local festivals that draw visitors from surrounding areas.

For those looking to settle down in Lipan, there’s great news! The real estate market here features a variety of homes priced under $500,000, making it an attractive option for first-time buyers, families, and retirees alike. You can find charming single-family homes with spacious yards, modern amenities, and a welcoming vibe that embodies the spirit of Texas living. Whether you’re searching for a cozy cottage or a larger family home, Lipan has something to suit every taste and budget.

In Lipan, you’ll not only find an affordable home but also a vibrant community where you can create lasting memories. Come explore all that Lipan has to offer – your dream home awaits!

Newest Lipan Homes under $500,000

207 Dennis Rd, Lipan $435,000

*Open House Saturday 10-10-2026 @11am-2pm!* Fall in love with this wonderful property in Lipan, TX! Great home with so many custom touches in acclaimed Lipan ISD with a n...

4 Beds
3 Baths
21394675 MLS
2,238 SqFt.

202 N Kickapoo St, Lipan $389,000

Some homes give you square footage. This one gives you a story to step into. Built around 1900, 202 N Kickapoo St has been part of Lipan for generations—and after a full ...

5 Beds
3 Baths
21392175 MLS
2,356 SqFt.

105 Apache St, Lipan $174,900 ▼

Move-in ready 4-bedroom, 3-bathroom home featuring over 2,250 sq ft of living space, a dedicated office, screened-in back porch and a recently built 2-car carport. Conven...

4 Beds
3 Baths
21390128 MLS
2,280 SqFt.

7600 Lipan Hwy, Lipan $465,000 ▼

Experience the charm of country living offered at an exceptional price. This peaceful and secluded residence is nestled on 4.5 acres and is located about 10 minutes away ...

3 Beds
3 Baths
21376730 MLS
2,291 SqFt.

000 Fm 1189, Lipan $215,000 ▼

Fantastic Brock ISD Home, this is a 2023 Manufactured Home recently installed on this .58 acre lot. That means NEW Septic, HVAC & Electric connections for you - no worrie...

3 Beds
2 Baths
21367684 MLS
1,700 SqFt.

125 Zaragosa Dr, Lipan $376,650

Welcome to 125 Zaragosa Drive! Located in WILSON BEND, Lipan's newest and most popular neighborhood, sits this 3 bedroom, 2 bathroom new build on a spacious 0.5 acre lot...

3 Beds
2 Baths
21350860 MLS
1,674 SqFt.

136 Zaragosa Dr, Lipan $340,875

Welcome to 136 Zaragosa, where modern design meets small-town charm in the desirable Wilson Bend community just outside Lipan. Nestled on a generous half-acre lot, this b...

3 Beds
2 Baths
21350948 MLS
1,515 SqFt.

133 Zaragosa Dr, Lipan $344,925 ▼

Welcome to Wilson Bend, a growing, established neighborhood just outside the charming town of Lipan! Situated on a spacious half-acre lot, 133 Zaragosa offers the perfect...

3 Beds
2 Baths
21350942 MLS
1,533 SqFt.

7801 Wd Ct, Lipan $340,000 ▼

Two acres of private, treed land outside Lipan. The home is a three bedroom, two bath split floor plan with a dedicated office and a living room with a wood burning firep...

4 Beds
2 Baths
21324030 MLS
1,910 SqFt.

505 Double Tree Ln, Lipan $475,000 ▼

PRICE ADJUSTMENT!!! CHECK THIS ONE OUT!! THIS ACREAGE FOR THIS PRICE IN BROCK ISD!! Custom built three-bedroom, 2 bathroom home that offers the perfect blend of a newer b...

3 Beds
2 Baths
21317168 MLS
1,500 SqFt.

203 N Kickapoo St, Lipan $189,900

Located just moments from the heart of downtown Lipan and near the School, this charming 2-1 home with Large Bonus Room, features beautiful reclaimed hardwood floors, off...

2 Beds
1 Baths
21274864 MLS
1,424 SqFt.

300 S Caddo St, Lipan $489,000 ▼

BEAUTIFUL 6.64-acre property that features a spacious 3BR 2BA home, multiple outbuildings, and fully functional livestock facilities. Great for those looking to start o...

3 Beds
2 Baths
21274203 MLS
1,431 SqFt.