That AFFORDABLE COVERED ARENA in the LIPAN AREA that you've been looking for!!! Situated on 21 acres just North of Lipan, this property features a 300x120 Covered Pen with Excellent Arena Sand, Announcer's Stand, Wind Screens, Lights, Holding Pens, Return Alley and Stalls. The Residence is a Spacious 3200 sq ft 4 bedroom BARNDOMINIUM nicely finished with a 1000 sq ft Great Room-Entertainment Room-Trophy Room, etc with a vaulted ceiling. Barndo also has a large covered porch and covered parking area. Other qualities of this acreage include: a separate Stall Barn with Turnouts, Saddle-Tack House, Several Horse Traps, Larger Pastures and 2 Stock Tanks. Property is currently being used as a primary residence and horse training facility but has previously been used to host Jackpot Ropings and Barrel Races. Don't miss out on this one as it has several possibilities and Excellent Income Producing Potential located DEEP in the HEART of RODEO COUNTRY!!!