236 Blackbuck Rdg Dr Lampasas, TX 76550
This exceptional 11-acre industrial land parcel presents a unique investment opportunity in the desirable gated community of The Ranches at Blackbuck Ridge, located at 236 Blackbuck Ridge Drive, Lampasas, Texas, 76550. Situated in Burnet County, this property boasts breathtaking hill country views and a peaceful setting amongst wonderful neighbors. The location offers convenient access to both Lampasas and Burnet, approximately 20 minutes away, providing easy access to shopping, dining, and other amenities. Outdoor enthusiasts will appreciate the proximity to several state parks, including Inks Lake State Park, Buchanan Lake, Longhorn Cavern State Park, and Colorado Bend State Park. Numerous wineries are also located nearby. This property is priced at $235,000 and offers a low tax rate with the potential for an additional wildlife exemption. While utilities are available at the street, buyers should note that a well and septic system will be required. This is an ideal location for those seeking a tranquil setting with easy access to urban conveniences and recreational opportunities. The property is zoned for industrial use and presents a blank canvas for future development. Don't miss this chance to own a piece of Texas hill country.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.