Us 190 Hwy, Lampasas, TX 76550
This exceptional 7.75-acre Lampasas, TX property boasts over 377 feet of US Highway 190 frontage. The expansive site includes four separate buildings, presenting a multitude of commercial possibilities. A large, open-plan commercial building, previously used as a restaurant and church, features a commercial kitchen, walk-in cooler, and two sets of restrooms. A three-bedroom, one-bathroom main house is complemented by a two-bedroom, one-bathroom upstairs rental unit offering stunning views. Additionally, a six-room ranch-hand quarters with a central kitchen and bathrooms is included. This unique configuration is ideally suited for diverse ventures, including event centers, retreats, assisted living facilities, churches, recovery centers, restaurants, plazas, or a combination thereof. The property's versatility allows for various uses, such as a venue with extended-stay accommodations, a country store, food market, taqueria, grocery store, or a church retreat with on-site housing. The substantial acreage provides ample room for expansion and future development. The property is priced at $772,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.