Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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