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Agricultural Farmland With Highway Access
For Sale
$1,500,000

3588 N US Highway 281, Lampasas, TX 76550

LAND - Lampasas, TX

Lot Size122.81 Acres
Days on Market9

Property Features for 3588 N US Highway 281

General Information

Property type Land
Property subtype Other
Zoning description Agricultural
Vegetation Brush
Subdivision Gibson Branch
Lot features Acreage, Agricultural
Elementary school Hanna Springs
Middle school Lampasas
High school Lampasas
Elementary school district Lampasas ISD
Middle school district Lampasas ISD
High school district Lampasas ISD
Directions From City of Lampasas head north on US281 after Lampasas airport turn right through gate. no sign
Standard status Active
APN 13614
Lot size 122.81 Acres

Taxes and HOA fees

Tax Description ACR: 122.81 ABST: 0730, 110 SURV: GILBERT WIN
Legal Description ACR: 122.81 ABST: 0730, 110 SURV: GILBERT WIN

Utilities

Water source Well
Listing Agency: Christie's Lone Star
Listed By: Nichole Shelton · License #706690
Added: Jul 23 Changed: Jul 31 Last Checked: Jul 31 at 11:06PM
MLS# 21339272

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Agricultural farmland on 122.81 acres in Central Texas with rolling terrain, scattered native trees, and multiple homesites. The land includes a well as the water source, supporting residential building and ranch or recreational uses.

The property is located at 3588 N US Highway 281 in Lampasas County, offering highway frontage along N US Highway 281. The acreage configuration provides the flexibility to pursue a ranch headquarters or equestrian and cattle operation, with room to build while preserving the land’s character.

For development-minded buyers, the property includes potential to subdivide into approximately 20-acre tracts, subject to county approval, with estate-sized ranchettes that may qualify for agricultural valuation with continued qualifying use.

Key Highlights

  • 122.81 acres of agricultural farmland with rolling terrain
  • Scattered native trees and multiple scenic homesites
  • Potential to subdivide into approximately 20‑acre tracts subject to county approval

Property Analytics

Current Use

Agricultural land / Farmland

Location Intelligence

Trade Area within ½ mile

1
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?
Agricultural land / Farmland - Central Texas farmland with rolling terrain, scattered native trees, multiple homesites, and a well water source.
Where is this agricultural land / farmland located?
The property is located at 3588 N US Highway 281 Lampasas, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 122.81 acres of agricultural farmland with rolling terrain; Scattered native trees and multiple scenic homesites; Potential to subdivide into approximately 20‑acre tracts subject to county approval
More about this property
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