320 Waterbuck Way Lampasas, TX 76550
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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