3676 Fm 2657 Kempner, TX 76539
This exceptional 27.62-acre property in Kempner, Texas, presents a unique mixed-use investment opportunity. The site boasts a 4,590 square-foot main residence built in 2002, featuring three bedrooms, three bathrooms, two master suites (one handicap accessible), a renovated kitchen, and a study/art room. Two additional detached guest homes, each with a bedroom, bathroom, and full kitchen, are also included, sharing a large laundry room. A dedicated RV hookup with its own laundry and bathroom adds further versatility. A large workshop with electric and an 18x20 air-conditioned garage complete the residential offerings. The expansive acreage includes a stock pond, two pole barns (one for hay/equipment, one for livestock), and an additional water tap on the back 25 acres, opening possibilities for future subdivision and development. The land itself is a blend of open fields, oak groves, and heavily wooded areas, providing both scenic beauty and privacy. The property is fully fenced. With nine buildings in total, this property offers significant potential for redevelopment and diverse income streams, all situated in Lampasas County, Texas, at 3676 FM2657, zip code 76539. The asking price is $960,000, translating to $209.15 per square foot. This is a rare opportunity to acquire a substantial property with existing structures and significant development potential.
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
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