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Find USDA Eligible Properties in Lipscomb County
browse list of realtors working in Lipscomb County
Lipscomb county has 1 usdaproperties.com realtor ready to help with your search!
| January 2025 Featured Agent | |
|---|---|
| Diana Hoover | from HOMETOWN REALTY |
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Looking to buy in Lipscomb County, Texas?
There are 41 USDA backed residential loans in Lipscomb county with an average loan balance of $86,615. Over 92% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $87,353. On average the rural home size purchased with this loan was approximately 1,597 SqFt. Alternate income limits exist to determine loan eligibility in Lipscomb county. For a household of upto 4 people the income limit is $91,200. For a household of between 5 and 8 people the income limit increases to $120,400.
The size of Lipscomb County is roughly 2,413 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Lipscomb County is 9. Look below for the interactive county level map illustration below for more details.
Select from the list of cities below or use the search feature to find active property listings in a city where you would like to live.
Start your search for USDA loan eligible properties in the cities of Lipscomb County, TX 
* cities most likely to have USDA loan eligible properties for sale.
*Booker • Coburn • *Darrouzett • *Follett • Gaylord • *Higgins • *Lipscomb • Magoun • Sherlock
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Lipscomb County.
View the detailed USDA boundaries and read about general conditions of
Lipscomb County, Texas
.Lipscomb County, located in the northeastern part of the great state of Texas, was established on August 21, 1876, and was named in honor of Abner Smith Lipscomb, an early judge and secretary of state in Texas. The county has its seat in Lipscomb, an unincorporated community within the county itself. Before the arrival of European settlers, the region was inhabited by Plains Apache and Comanche Native American tribes.
In the early 20th century, Lipscomb County witnessed a surge in settlers, particularly farmers and ranchers. This increase in population was primarily due to the availability of land and the expansion of the railroad. Agriculture played a vital role in the local economy, with principal crops including wheat, corn, oats, and hay.
Throughout its history, the county has remained predominantly rural, with ranching and agricultural activities as the major source of income. The presence of oil and gas reserves in the region also contributed to the local economy during the 20th century. Today, tourism and outdoor recreational activities are additional sources of revenue.
Now for a fun fact about Lipscomb County: It is home to the Wolf Creek Park, situated on the southeastern shore of Lake Marvin. The park offers a variety of recreational activities, such as fishing, hiking, and camping, making it a popular destination for outdoor enthusiasts.
Overall, Lipscomb County has a rich history filled with Native American culture, agricultural ventures, and a strong sense of community.
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