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Property profile & analytics
OFF-MARKET
Land

100 Waterbuck Way Lampasas, TX 76550

5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5-acre property, located at 100 South Waterbuck Way in Lampasas, Texas, 76550, presents a unique opportunity. Situated within the desirable gated community of The Ranches at Blackbuck Ridge, this land boasts breathtaking hill country views and a welcoming neighborhood. The property is ideal for those seeking to build their dream home or make a sound investment in a rapidly growing area. Lampasas offers a charming small-town atmosphere, yet is conveniently located approximately one hour northwest of Austin. For everyday needs, downtown Lampasas and Burnet are within a 20-minute drive, providing ample shopping and dining options. 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. The area also features numerous wineries, adding to its appeal. This land offers a low tax rate, further enhanced by the potential for a wildlife exemption. While electric utilities are available at the street, prospective buyers should note that a well and septic system will be required. The asking price for this remarkable property is $150,000.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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