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Property profile & analytics
OFF-MARKET
Land

42 Waterbuck Way Lampasas, TX 76550

5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5-acre residential lot is nestled within the prestigious, gated community of The Ranches at Blackbuck Ridge in Lampasas, Texas. Boasting breathtaking hill country views and a welcoming neighborhood, this property presents a unique opportunity for building your dream home or a savvy investment. Located at Lot 42 South Waterbuck Way, Lampasas, TX 76550 (30.930124692869402, -98.30746650695802), the land offers the perfect blend of tranquility and accessibility. The area is known for its natural beauty and proximity to various attractions, including Inks Lake State Park, Buchanan Lake, Longhorn Cavern State Park, and Colorado Bend State Park. Enjoy the convenience of nearby shopping and dining options in Lampasas and Burnet, approximately 20 minutes away, while Austin is roughly an hour to the northwest. This location benefits from a low tax rate, further enhanced by the possibility of a wildlife exemption. Utilities are available at the street, although a well and septic system will be required. For those seeking a larger parcel, an adjacent 10-acre option (Lot 43) is also available. This is an unparalleled chance to own a piece of Texas hill country paradise. Don't miss this opportunity to build your future in this desirable location.

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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