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    122 Reserve Way, Unit 58 Lampasas, TX 76550

    For Sale
    $184,900

    LAND - Lampasas, TX

    Lot size:
    10.74 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 11 at 8:06 am

    Property Features for 122 Reserve Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    118780
    Lot size
    10.74 Acres

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well, Well Needed

    Longhorn Realty, LLC (512) 289-2121

    Listing agent Andrew Deck (512) 289-2121 License #0712002

    Listing date Nov 6, 2025

    MLS# 559396 Listing URL

    Copyright © 2025 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lampasas Land with Hill Country Views

    This 10.74-acre AG EXEMPT property is located in the exclusive, gated ranch community of Homestead Hills in Burnet County. The property offers a setting for building a custom Hill Country ranch home, featuring unobstructed views and a peaceful atmosphere. Located on a private cul-de-sac, this lot features a sloping topography with potential build sites. Pathways through the cedar trees can preserve privacy while unveiling views at the back of the property. The land backs up to a 500+ acre ranch, offering added seclusion and natural beauty. Power is available. A well and septic system are needed for water and sewer. Starlink is the best option for internet. The Homestead Hills development has a concrete entrance off county road 101, leading to a limestone and metal gate. Concrete private roads are throughout the development. There's a community ag exemption in place to help lower property taxes, and light restrictions are in place to preserve investment, allowing barndominiums and commercial activities. Homestead Hills is located 2.3 miles from US 281, 16 miles to Burnet, 37 miles to Liberty Hill, and 71 miles to downtown Austin.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lampasas
    County
    Lampasas
    State
    Texas
    Longitude
    -98.273519
    Latitude
    30.965948

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    FAQs

    What type of property is this?
    Land - 10.74 acres in gated Homestead Hills community.
    Where is this land located?
    The property is located at 122 Reserve Way, Unit 58 Lampasas, TX.
    What is the asking price?
    The asking price for this property is $184,900.
    What are key features of this property?
    This property features: - 10.74 acre AG EXEMPT property in gated Homestead Hills community.; - Breathtaking, unobstructed Hill Country views and peaceful atmosphere.; - Private cul-de-sac location backing to a 500+ acre ranch for added seclusion.
    (512) 289-2121
    Request Owner's contact information
    122 Reserve Way, Unit 58 Lampasas, TX 76550
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    Lampasas, TX 76550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    122 Reserve Way, Unit 58 Lampasas, TX 76550
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