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502 Hollow Drive
Lipan, Texas 76048

Discover the perfect blend of peaceful country living and modern convenience on this beautiful acreage homesite in the highly sought-after Ranches at Star Hollow, located in Tolar ISD. Nestled among the rolling hills of Hood County, this scenic property offers stunning Texas views, mature trees, wide-open spaces, and the freedom to create the lifestyle you’ve been dreaming of. Whether you envision a custom home, barndominium, weekend retreat, or small hobby farm, this property provides the flexibility to bring your vision to life. This gated community features paved asphalt roads, underground electricity, and high-speed fiber optic internet, allowing you to enjoy rural serenity without sacrificing connectivity. Private well and septic systems are required, giving you greater control over utilities and helping reduce long-term living costs with no city water or sewer bills. Light deed restrictions help protect property values while still allowing barns, workshops, guest quarters, and livestock with approval. Chickens and large farm animals are welcome per community guidelines. No mobile homes allowed. Minimum building requirement is 1,400 square feet, and there is no required timeline to build. Conveniently located just 20 minutes from Granbury and within easy reach of Weatherford, Fort Worth, shopping, dining, and recreation, this property offers the tranquility of country life with excellent accessibility. Enjoy nearby Lake Granbury, top-rated schools in both Tolar and Lipan ISDs, and the opportunity to build your dream home surrounded by breathtaking Texas landscapes.

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Essential Information

  • Price$71,000
  • Cumulative Days on MarketUnlock
  • MLS® #21259668
  • Acres2.08
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Quick Valuation Analysis from 17 Active and 3 Sold Listings

Pricing Trends from 17 Active Listings in The Ranches At Star Hollow

This Home's Price $71,000 This Home's Price Per SqFt $
Average Price $103,582 Average Price Per SqFt $
Highest Price $170,000 Highest Price Per SqFt $
Lowest Price $70,000 Lowest Price Per SqFt $

Pricing Trends from 3 Sold Listings in The Ranches At Star Hollow

This Home's Price $71,000 This Home's Price Per SqFt $
Average Price $102,583 Average Price Per SqFt $
Highest Price $110,000 Highest Price Per SqFt $
Lowest Price $89,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address502 Hollow Drive
  • SubdivisionThe Ranches At Star Hollow
  • CityLipan
  • CountyHood
  • StateTexas
  • Zip Code76048
  • HOAMandatory
  • HOA Fees$500
  • HOA Fees FrequencyAnnually
  • UtilitiesAll Weather Road, Asphalt, Co-op Electric, Outside City Limits, Septic, Well

Exterior

  • Lot DescriptionAcreage, Brush, Few Trees, Level, Many Trees, Rugged, Subdivision, Varied

Additional Information

  • ZoningResidential

Private Listing Information (Registration Required)

Listing Details

  • AgentBarrett Weaver
  • OfficeKeller Williams Heritage West

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Listing information last updated on November 6th, 2026 at 3:17pm CST.