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Property profile & analytics
OFF-MARKET
Commercial real estate

761 Rocky Creek Ranch Rd Lampasas, TX 76550

Property ID
US82-5922633
Property summary
AI-generated overview

This exceptional 153-acre property in Burnet County, Texas, presents a unique investment opportunity. Located near Lampasas, at 761 Rocky Creek Ranch Rd, zip code 76550, this unrestricted land boasts breathtaking panoramic views of Burnet and Lampasas counties. The property includes two existing ranch-style homes; a main house nearing 2,600 square feet with three bedrooms and two bathrooms, and a 1,200 square foot bunkhouse featuring three bedrooms and one bathroom. The diverse terrain ranges from high hilltops to a wet-weather creek bed, offering shaded areas and open pastures. Existing infrastructure includes one well and two septic systems. The property is fully fenced, making it ideal for livestock. Currently holding a wildlife exemption, this land offers potential for various uses, including residential development, a hunting retreat, or continued agricultural use. Situated in the highly-rated Burnet ISD and less than 20 minutes from HEB, this location offers convenient access to amenities while maintaining a secluded feel. The property's proximity to Highway 183 presents significant future development potential. The asking price is $3,154,000.

Property profile
Verified
Property type Commercial real estate
UPID US82-5922633
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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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