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    Co Rd 223 Kempner, TX 76539

    Sponsored
    For Sale
    $5,255,704

    Prime Texas Ranchland - Hunting & Ranching

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 368-acre ranch, located in Lampasas County, Texas, presents a unique investment opportunity. Situated less than an hour north of Austin and minutes from Lampasas, Killeen, Temple, and the I-35 corridor connecting Austin and Waco, this property boasts convenient access to major Texas cities. The ranch features significant topographic diversity, ranging from lush, shaded bottomlands to elevated hilltops offering expansive views. Two ponds are present, although one requires resealing. The property includes two pastures and a well-fed watering distribution system, making it ideal for livestock. Open meadows grace the terraced terrain, providing ample space for grazing and recreational activities. The ranch's suitability extends to hunting enthusiasts, given its natural features and diverse landscape. Approximately 1450 feet of paved County Road 223 frontage provides excellent potential for subdivision, with multiple access points along the road. The asking price for this remarkable property is $5,255,704. The property's address is Co Rd 223, Kempner, TX 76539. This is a rare opportunity to own a substantial piece of Texas ranchland with significant potential for various uses. The property is zoned for agricultural use and is ready for immediate use. The well-maintained infrastructure and natural beauty combine to create a truly exceptional offering.

    Property Features for 0 Co Rd 223

    General Information

    Property type
    Farms
    Lot Size
    16,030,080 SF

    HighLights

    • 368‑acre ranch in Lampasas County, TX, priced at $5,255,704.
    • Located near Austin, Lampasas, Killeen, Temple, and I‑35.
    • Features diverse topography, two ponds (one needing resealing), two pastures, and a well‑fed watering system.
    • Offers 1450 feet of paved road frontage on County Road 223, suitable for potential subdivision.
    • Zoned agricultural, ready for immediate use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kempner
    County
    Lampasas county
    State
    Texas
    Longitude
    -97.9961748
    Latitude
    31.0324251

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    FAQs

    What type of property is this?
    Farm - Prime Texas Ranchland - Hunting & Ranching
    Where is this farm located?
    The property is located at Co Rd 223 Kempner, TX.
    What is the asking price?
    The asking price for this property is $5,255,704.
    What are key features of this property?
    This property features: 368-acre ranch in Lampasas County, TX, priced at $5,255,704.; Located near Austin, Lampasas, Killeen, Temple, and I-35.; Features diverse topography, two ponds (one needing resealing), two pastures, and a well-fed watering system.
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    Co Rd 223 Kempner, TX 76539
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    Kempner, TX 76539
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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
    Co Rd 223 Kempner, TX 76539
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