1159 County Road 1139 Lampasas, TX 76550
Own a piece of Texas Hill Country paradise! This exceptional 2,532-acre ranch offers breathtaking 360-degree views, abundant wildlife (including whitetail deer and hogs), and two hunting camps. The property features lush native grasses, towering Live Oaks and Pecan trees, multiple potential home sites, and five ponds (three year-round). Conveniently located near Lampasas, offering easy access to amenities including hospitals, schools, and shopping. Enjoy over three miles of road frontage, access to electricity (Pedernales Coop), and an underground Corix water line. Pitt Creek flows onto a Corps of Engineers lake. Flexible financing options are available, including seller financing with a 50% down payment and the possibility of assuming an existing loan at 4.25% interest. The property is also divisible into 100-acre increments. The land is currently under a surface lease for a cow/calf operation. MUD is approved by TCEQ. Close proximity to Austin (50-minute drive). Enjoy the tranquility of the Texas Hill Country, yet remain close to modern conveniences. Don't miss this unique opportunity!
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.