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    OFF-MARKET
    Land

    100 Waterbuck Way, Lampasas, TX 76550

    5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5-acre property, located at 100 South Waterbuck Way in Lampasas, Texas, 76550, presents a unique opportunity. Situated within the desirable gated community of The Ranches at Blackbuck Ridge, this land boasts breathtaking hill country views and a welcoming neighborhood. The property is ideal for those seeking to build their dream home or make a sound investment in a rapidly growing area. Lampasas offers a charming small-town atmosphere, yet is conveniently located approximately one hour northwest of Austin. For everyday needs, downtown Lampasas and Burnet are within a 20-minute drive, providing ample shopping and dining options. 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. The area also features numerous wineries, adding to its appeal. This land offers a low tax rate, further enhanced by the potential for a wildlife exemption. While electric utilities are available at the street, prospective buyers should note that a well and septic system will be required. The asking price for this remarkable property is $150,000.

    Property profile
    Verified
    Property type Land
    Lot 5 ac (217,800 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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