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Cheap Homes in Lipan, TX

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Top Reasons To Live In Lipan, TX In 2024

Lipan is located in Hood, Texas, with an estimated municipal population of 488 residents. All of the best foreclosed homes for sale in Lipan are located in the following zip code areas on Foreclosure.com: 76462. The estimated population per square kilometer (.62 miles) in Lipan is 177.


Cost Of Living In Lipan, TX

So, about how much do homes cost in Lipan? The most recent median value of resident-owned homes in Lipan is 82,525. An estimated 81.8 percent of households in Lipan own their homes, with an average family size of 3.68. The median household income in Lipan is 53,958, with14 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lipan, the median commute time of resident workers (in minutes) is 35.4. And last, but certainly not least, are you looking for homes to rent in Lipan? If so, the average rent price paid by renters in Lipan is 750, according to recent statistics.


Diversity And Demographics In Lipan, Texas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lipan, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Lipan is 32.8, split between 47.3 percent male versus 52.7 female. The percentage of residents who report being married in Lipan is 58.4, with an average family size of 3.68.

The percentage of residents who report their race in Lipan is as follows:

White 99%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Lipan? Or maybe you are searching for 55+ active adult communities in and/or near Lipan?

The percentage of residents who report their age in Lipan is as follows:

Under 10 19.7%
Aged 10-19 12.8%
20s 14.3%
30s 16%
40s 4.4%
50s 13.3%
60s 10.8%
70s 4.4%
80+ 4.2%

Best Schools In Lipan, Texas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lipan with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lipan.


Pros And Cons Of Living In Lipan, Texas

How do you know that living in -- or moving to -- Lipan is right where you need to be? Perhaps you grew up in Lipan or already live nearby; therefore, the decision to buy a home in Lipan is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lipan for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lipan:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lipan.


Reasons To Move To Lipan, Texas, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lipan can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lipan, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Lipan, TX


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