1705 4Th St Lampasas, TX 76550
This exceptional 79.937-acre tract in Lampasas, Texas, presents a remarkable shovel-ready development opportunity. Located at 1705 Fourth St, Lampasas, TX 76550 (31.0678, -98.162328), this property is zoned for residential use and features a city-approved preliminary plat, ensuring a streamlined development process. The land is ideally suited for a diverse range of residential projects, including single-family homes and townhomes. With existing infrastructure including water and sewer access, this development is ready to begin construction immediately. The expansive lot size allows for the creation of 235 single-family residential lots and an additional 30 townhome lots, offering significant potential for substantial returns. Strategic ingress and egress points provide seamless accessibility, enhancing the overall appeal and functionality of the development. This is a unique chance to acquire a large, well-planned parcel in a growing Texas community, poised for significant appreciation. The asking price for this exceptional property is $3,750,000. Don't miss this opportunity to shape the future of Lampasas.
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
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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.