Current Use by Public Records
- Land
Property Details for 8270 Hwy
- Lot size
- 6.47 lot acres
- Property type
- Land
Description
This exceptional 6.47-acre property, located at 8270 U.S. Highway 190 in Lampasas County, Texas, presents a unique investment opportunity. Boasting 566 feet of highway frontage, this lightly restricted land offers unparalleled visibility and accessibility. Situated just five miles east of Lampasas, the property enjoys convenient proximity to town while maintaining a secluded feel. Water is available at the street. The relatively level terrain is ideal for a variety of uses, from a private residential homestead to commercial development. The low tax rate of 1.36% adds to the property's appeal. With a phenomenal forecasted population growth in the area, this land offers significant long-term potential. The property's APN is 5061. Owner financing is available with a 6.95% interest rate on a 5-year balloon payment, amortized over 30 years, requiring a minimum 15% down payment. The asking price is $344,800, translating to $53,292 per acre. This is a prime opportunity to acquire a substantial parcel of land in a rapidly growing area. The property is zoned for both commercial and residential use.
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
- -98.0586
- Latitude
- 31.0653
