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    Fm 1047 Lometa, TX 76853

    For Sale
    $2,250,000

    Exceptional Live-Water Ranch near Austin

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This stunning 155-acre ranch in Lampasas County, Texas, presents a unique live-water opportunity. Simms Creek, a spring-fed creek with deep water holes even during dry summers, runs through the property, boasting extensive creek frontage. The ranch features impressive hardwood tree coverage, including numerous mature oak trees, creating a picturesque landscape. Significant elevation changes offer breathtaking views in all directions, overlooking the creek bottom. Wildlife is abundant, with whitetail deer, turkeys, doves, ducks, pigs, and quail frequenting the area. Access is convenient via a private driveway off FM 1047, east of Lometa, Texas. The location provides easy access to major cities: approximately 1 hour and 25 minutes from Austin, 1 hour and 30 minutes from Waco, and 2 hours and 30 minutes from Fort Worth. This property is ideal for those seeking a private retreat with exceptional hunting opportunities, stunning natural beauty, and convenient proximity to urban centers. The asking price is $2,250,000. The property's zip code is 76853.

    Property Features for 0 Fm 1047

    General Information

    Property type
    Farms
    Lot Size
    6,751,800 SF

    HighLights

    • $2,250,000 asking price.
    • 155‑acre land tract in Lampasas County, Texas.
    • Located on FM 1047, east of Lometa, TX.
    • Features spring‑fed Simms Creek with significant water frontage and deep water holes.
    • Mature hardwood trees, including numerous oak trees, and significant elevation changes offering scenic views.
    • Abundant wildlife including whitetail deer, turkey, dove, ducks, hogs, and quail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lometa
    County
    Lampasas
    State
    Texas
    Longitude
    -98.3117239
    Latitude
    31.363137

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    FAQs

    What type of property is this?
    Farm - Exceptional Live-Water Ranch near Austin
    Where is this farm located?
    The property is located at Fm 1047 Lometa, TX.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: $2,250,000 asking price.; 155-acre land tract in Lampasas County, Texas.; Located on FM 1047, east of Lometa, TX.
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    Fm 1047 Lometa, TX 76853
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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
    Fm 1047 Lometa, TX 76853
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