106 Waterbuck Way Lampasas, TX 76550
This exceptional 8-acre industrial land parcel presents a unique investment opportunity in the desirable gated community of The Ranches at Blackbuck Ridge, located in Lampasas, Texas, zip code 76550. Situated in Burnet County, this property boasts stunning hill country views and abundant wildlife, making it an ideal location for future development or a personal retreat. Conveniently located approximately one hour northwest of Austin and only 20 minutes from the downtown areas of both Lampasas and Burnet, this lot offers easy access to shopping, dining, and other amenities. The area is rich with recreational opportunities, including proximity to Inks Lake State Park, Buchanan Lake, Longhorn Cavern State Park, and Colorado Bend State Park, as well as numerous wineries. The property benefits from a low tax rate and the possibility of a wildlife exemption. While electric utilities are readily available at the street, a well and septic system will be required. This is a remarkable chance to acquire a substantial piece of land in a picturesque setting with excellent access to urban conveniences. The asking price for this property is $200,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.