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    388 Crk 3500 Lampasas, TX 76550

    For Sale
    $999,000

    Farm - Lampasas, TX

    Type:Farm
    Lot size:
    29.60 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 8 at 5:06 pm

    Property Features for 388 Crk 3500

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    4
    APN
    011571
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    29.60 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Flooring type
    Laminate
    Roof type
    Composition, Metal
    Architectural style
    Other

    Bear Real Estate Services (512) 556-9321 [email protected]

    Listing agent Audrey Bear (512) 556-9321 License #0516346

    Listing date Oct 30, 2025

    MLS# 175521 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

    Lampasas Ranch with Two Homes

    This 29.621-acre property features two homes and is fully fenced and cross-fenced. The main ranch-style home offers approximately 1,733 sq. ft. with 3 bedrooms and 3 full baths, featuring an open-concept floor plan, spacious living areas, and a covered patio. A private water well services this home. The second residence is a 5,054 sq. ft. metal-structure home, partially finished with an open floor plan, double-sided fireplace, roll-up doors, and underground shipping container. Electrical and plumbing rough-ins are already in place. Additional improvements include a 2,356 sq. ft. garage with a 1-bedroom, 1-bath apartment, a pole barn, and an extra shop. The property also features a wet-weather creek and seasonal ponds. The property benefits from an Agricultural Exemption.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lampasas
    County
    Lampasas
    State
    Texas
    Longitude
    -98.170129
    Latitude
    31.167289

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    FAQs

    What type of property is this?
    Farm - 29.6-acre ranch featuring two homes and agricultural exemption.
    Where is this farm located?
    The property is located at 388 Crk 3500 Lampasas, TX.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Two homes on 29.621 acres of Ag-exempt land, fully fenced and cross-fenced.; - Main ranch-style home with 3 bedrooms and 3 baths, also featuring a private water well.; - **Large (5,054 sq. ft.) partially finished metal-structure home with open floor plan**, roll-up doors, and underground shipping container, ready for customization.
    (512) 556-9321
    Request Owner's contact information
    388 Crk 3500 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
    388 Crk 3500 Lampasas, TX 76550
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