Current Use by Public Records
- Land
Property Details for 1312 Hwy
- Lot size
- 17.30 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 17.3-acre property in Lampasas, Texas, presents a compelling redevelopment opportunity. Strategically located at 1312 N U.S. Hwy 281, just before the intersection of Highways 183 and 190, this land boasts a high-traffic location with over 13,500 vehicles passing daily, according to TxDOT data. The property currently features a collection of older buildings, including a potentially usable structure, cattle working pens, and dog kennels, all remnants of its previous use as a veterinary office. The site offers significant flexibility for various commercial ventures, taking advantage of its prime location and high visibility. Fifteen acres situated at the rear of the property benefit from an agricultural tax valuation and are accessible via CR 3400, providing additional development options. The property's location in a growing area with increasing population and activity suggests a positive outlook for future development and investment. The asking price for this unique opportunity is $1,100,000. This is a rare chance to acquire a substantial tract of land with excellent commercial potential in a thriving Texas community. The property is zoned for commercial, ranch, and residential uses.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lampasas
- County
- Lampasas
- State
- Texas
- Longitude
- -98.1864
- Latitude
- 31.0819
