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Property profile & analytics
OFF-MARKET
Land

320 Waterbuck Way Lampasas, TX 76550

5.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.25-acre residential lot presents a unique opportunity to build your dream home in the highly desirable gated community of The Ranches at Blackbuck Ridge, located in Lampasas, Texas. Boasting breathtaking views and a welcoming neighborhood, this property offers a tranquil hill country setting while remaining conveniently close to amenities. The lot is situated approximately one hour northwest of Austin and just 20 minutes from the shopping and dining options of downtown Lampasas or 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. This property is priced at $190,000 and features electric utilities already at the build site, along with a completed well and well-house. A septic system will be required. The low tax rate is further enhanced by the possibility of a wildlife exemption. This is an ideal investment opportunity or the perfect location to begin building your future. Don't miss this chance to own a piece of Texas hill country paradise.

Property profile
Verified
Property type Land
Lot 5.25 ac (228,690 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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