Tbd 183 Hwy Lampasas, TX 76550
This exceptional 24.62-acre unrestricted ranch property presents a unique investment opportunity just an hour from downtown Austin. Located directly on US Highway 183, this expansive land boasts 249 feet of highway frontage, offering significant visibility and accessibility. The absence of deed restrictions and its location outside any flood zone provides unparalleled flexibility for development. Currently benefiting from an agricultural exemption, this property is ideally suited for a variety of uses, including residential or commercial ventures. Its substantial size and prime location make it a rare find in the market. The property's potential is vast, allowing for creative and diverse development plans. Note that there is a lock on the gate of the adjacent property
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.