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    320 Waterbuck Way Lampasas, TX 76550

    For Sale
    $199,000

    5.25 Acres, Gated Community, Stunning Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 5.25-acre property presents a unique opportunity to own a piece of Texas Hill Country paradise. Situated within the desirable gated community of The Ranches at Blackbuck Ridge, this land boasts breathtaking views and a welcoming neighborhood atmosphere. The property is conveniently located approximately one hour northwest of Austin, and just 20 minutes from the shopping and dining options of Lampasas and Burnet. Outdoor enthusiasts will appreciate the proximity to several state parks, including Inks Lake State Park, Buchanan Lake, Longhorn Cavern State Park, and Colorado Bend State Park. Numerous wineries are also located nearby. The land offers a low tax rate, further enhanced by the possibility of a wildlife exemption. Essential utilities, including electricity, are available at the building site, and a well and well-house are already in place. While a septic system will be required, this property provides a solid foundation for building your dream home or a lucrative investment opportunity. Enjoy the peace and tranquility of this remarkable location, while still being within easy reach of urban amenities. This is truly a rare find in the highly sought-after Texas Hill Country.

    Property Features for 320 Waterbuck Way

    General Information

    Property type
    Farms
    Lot Size
    228,690 SF

    HighLights

    • $199,000 asking price.
    • 5.25‑acre residential lot in Lampasas, TX.
    • Located in the gated community, The Ranches at Blackbuck Ridge.
    • Features hill country views and a low tax rate with potential wildlife exemption.
    • Utilities at the build site; well and well‑house complete; septic needed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Lampasas
    County
    Lampasas
    State
    Texas
    Longitude
    -98.312702178955
    Latitude
    30.930972098942

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    FAQs

    What type of property is this?
    Farm - 5.25 Acres, Gated Community, Stunning Views
    Where is this farm located?
    The property is located at 320 Waterbuck Way Lampasas, TX.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: $199,000 asking price.; 5.25-acre residential lot in Lampasas, TX.; Located in the gated community, The Ranches at Blackbuck Ridge.
    Request Owner's contact information
    320 Waterbuck Way 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
    320 Waterbuck Way Lampasas, TX 76550
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