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Property profile & analytics
OFF-MARKET
Land

320 Waterbuck Way Lampasas, TX 76550

5.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.25-acre property presents a unique opportunity to own a piece of Texas Hill Country paradise. Situated within the desirable gated community of The Ranches at Blackbuck Ridge, this land boasts breathtaking views and a welcoming neighborhood atmosphere. The property is conveniently located approximately one hour northwest of Austin, and just 20 minutes from the shopping and dining options of Lampasas and Burnet. 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. The land offers a low tax rate, further enhanced by the possibility of a wildlife exemption. Essential utilities, including electricity, are available at the building site, and a well and well-house are already in place. While a septic system will be required, this property provides a solid foundation for building your dream home or a lucrative investment opportunity. Enjoy the peace and tranquility of this remarkable location, while still being within easy reach of urban amenities. This is truly a rare find in the highly sought-after Texas Hill Country.

Property profile
Verified
Property type Land
Lot 5.25 ac (228,690 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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