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Gated Hill Country Farm
For Sale
$850,000

1261 Park Rd, Lampasas, TX 76550

Ag-exempt acreage with a main residence, guest house, climate-controlled workshop, private well, and gated access.

Property Size2,048 SF
Price / SF$415.04
Days on Market10

Property Features for 1261 Park Rd

General Information

Standard status Active
Size 2,048 SF
Property subtype Farm

Building Details

Year Built 2021
Listing Agency: Bear Real Estate Services
Listed By: Audrey Bear · License #0516346
Source: Divinerealtygrp
Added: Aug 20 Changed: Aug 28 Last Checked: Aug 25 at 6:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bear Real Estate Services

Investment Insights

Based on property information with market context.

This 55-acre ag-exempt farm combines a 1,760-square-foot main home with a 12x24 guest house featuring one bedroom and one bathroom. A separate climate-controlled 12x24 workshop adds functional workspace. Built in 2021, the property is suited to full-time living or a weekend retreat, with a private water well producing approximately 18 GPM, propane, Hamilton County Electric, and 1 gig fiber internet.

Located within Smith Ranch, the property includes gated entry with surveillance, maintained roads, and optional POA participation. Owners have private access to 4+ miles of the Colorado River across 7 common areas. The property is across from Colorado Bend State Park, with Post Oak Ridge State Park under development nearby. Wildlife includes whitetail, axis, aoudad, turkey, dove, and quail.

Key Highlights

  • 55‑acre ag‑exempt property in Smith Ranch
  • 1,760 sq ft main home built in 2021
  • 12x24 guest house with 1 bedroom and 1 bathroom

Property Analytics

Current Use

Ranches

Suggested Use

Top Pick Car Rental Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 76550, TX

12,840
Population
6,129
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
541.5 sq mi
ZIP Area
24
Density / Sq Mi
$73,697
Median Household Income
$34,970
Median Earnings
$902
Median Rent
$237,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Farm - Ag-exempt acreage with a main residence, guest house, climate-controlled workshop, private well, and gated access.
Where is this farm located?
The property is located at 1261 Park Rd Lampasas, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 55‑acre ag‑exempt property in Smith Ranch; 1,760 sq ft main home built in 2021; 12x24 guest house with 1 bedroom and 1 bathroom
More about this property
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