1912 County Road 2200 Lampasas, TX 76550
This remarkable 826.64-acre ranch in Lampasas County, Texas, presents a unique investment opportunity. Conveniently located two miles from US 281 and approximately two miles north of the US 183 and US 281 intersection in Lampasas, the property offers one mile of paved County Road 2200 frontage on its west side and over half a mile of Little Lucy Creek along its southern boundary. The ranch includes a ranch house requiring some updates, which has been used by lease hunters. A roughly 12-year-old metal barn provides ample hay storage, and a well-maintained set of metal cattle pens are included. Two functioning wells provide water, and the property boasts lush hardwoods in low-lying areas and along the creek. Four stock tanks, averaging half an acre each, add to the property's appeal. Currently utilized for cattle production and supplemental lease hunting, the ranch benefits from a 1-D-1 agriculture exemption. The four-foot-tall perimeter fences are in excellent condition. Hamilton County Electric Co-op supplies single-phase electricity to the property and along the county road frontage, with three-phase electricity available in the southern portion. This substantial acreage offers a rare chance to own a significant property in Lampasas County. The asking price is $7,439,760.
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.