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    16162 Fm-581 Lometa, TX 78653

    For Sale
    $3,920,000

    Farm - Lometa, TX

    Type:Farm
    Property size:
    3,033 SF
    Lot size:
    284.54 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 16162 Fm-581

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    071789
    Exterior features
    Fencing
    Fencing
    Fenced
    Appliances
    Dishwasher, Dryer, Microwave, Range, Range - Gas, Refrigerator, Washer
    Size
    3,033 SF
    Lot size
    284.54 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    2001
    Flooring type
    Concrete, Hardwood
    Roof type
    Metal
    Architectural style
    Other

    Keller Williams Realty - SW Mrkt Ctr (512) 448-4111

    Listing agent Ben Breedlove (512) 448-4111 License #0796045

    Listing date Sep 23, 2025

    MLS# 173630 Listing URL

    Copyright © 2025 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Texas Ranch with Live Water

    The Texas Two Step Ranch is a 284.54-acre property featuring approximately 4,200 feet of Simms Creek frontage with ownership on both sides. The land includes mature hardwoods, such as live oak and pecan trees, and offers elevation changes of approximately 80 feet. A 3,033 sq ft ranch-style home, built in 2001, contains four bedrooms and two and a half bathrooms. It is situated on one of the highest points of the property, providing panoramic views from the back patio. The home includes updated appliances, a fireplace, a new water well, and a septic system. A 1,200 sq ft metal shop with a concrete slab and multiple overhead doors offers versatile space and storage. The property also features working pens for livestock and direct road access on FM-581, located 2 miles from HWY 281. It is suited for recreational use or as a primary residence, with abundant wildlife and diverse habitats for deer and turkey. The terrain is suitable for horses and livestock, and the property has live water access. It is located 1.5 hours from downtown Austin.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Lometa
    County
    Lampasas
    State
    Texas
    Longitude
    -98.18579898
    Latitude
    31.293991518

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    FAQs

    What type of property is this?
    Ranch - 284.54-acre ranch featuring a 3,033 sq ft home and creek frontage.
    Where is this ranch located?
    The property is located at 16162 Fm-581 Lometa, TX.
    What is the asking price?
    The asking price for this property is $3,920,000.
    What are key features of this property?
    This property features: - ±284.54 acres with ±4,200 ft. of Simms Creek frontage (ownership on both sides).; - Charming 4-bedroom, 2.5-bath ranch-style home (±3,033 sq. ft.) with panoramic views.; - Convenient location: Direct road access on FM-581, 2 miles from HWY 281, 1.5 hours from Austin.
    (512) 448-4111
    Request Owner's contact information
    16162 Fm-581 Lometa, TX 78653
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    Lometa, TX 78653
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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
    16162 Fm-581 Lometa, TX 78653
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