16588 N US HIGHWAY 281 HIGHWAY, LAMPASAS, TX 76550
Homes for sale in Lampasas.
Homes for sale in 76550.
List Price$949,999
16588 N Us Highway 281 Highway
Lampasas, TX 76550
Listing #6806545
5
Bedrooms
3 full
Bathrooms
3,200
Square Feet
Farm
Type
About This Property
OVER A $350K PRICE REDUCTION! Spectacular opportunity to capitalize on a property which provides an established built-in 12 Pad RV Development, 3 Income Producing Cabins, income producing Garden, (2) Single Family homes, and you still have +/- 15 acres left for further expansion, farming, subdividing, etc! This stunning property is strategically located with +/- 1700 feet of frontage on N US Hwy 281 and +/- 600 feet of frontage on E FM 581. Current TxDot traffic study indicates +/- 5,000 daily cars pass this site. With the already in process, major Highway 281 expansion from Evant to Lampasas, this property benefits from even more future daily traffic volume and visibility! Many tremendous uses are provided including a Mini Farm, Multi Gen Living, Livestock Auctuion Barn, Convenience Store/Truck Stop, Restaurant, RV Park and Cabin expansions, Short Term Rentals, Air BnB, and the list keeps going! The two stunning Single Family Properties on this property include a Historical Home built in +/- 1870. This master piece has been tastefully restored in many ways and is located along Highway 281. This beautiful home was hand crafted with 24" thick stone walls and displays absolutely stunning beam and wood work! Featuring +/- 1500 square feet, 2 bedrooms/1 bathroom, plus expansive decking and balcony space. It also includes a large underground cellar/storm shelter! The newer 2022 year built, Barndo features luxurious finishes! 2-story ceilings, extensive recessed lighting, wood cabinetry, granite countertops and a show stopper of a screened Patio overlooking a huge Oak Tree Grove. Featuring +/- 1700 square feet, 3 beds, 2 baths, large living/kitchen/dining and a large laundry room. The RV Development is equipped with 12 Large Pad Sites, with full utility hook ups. Additionally, a communal building provides multiple washer/dryers plus 2 additional bathrooms. Don't forget about the 3 Income Producing Cabins featuring bathrooms, kitchens and sleeping spaces!
Property Features
Location Information
County
Lampasas
Subdivision
William Jones
County
Lampasas
Directions
From Lampasas, North on US Highway 281. When you get to Adamsville, Property on Right or can turn right on E FM 581 (Blinking Light) and property will be on your right. Can be accessed from N US Hwy 281 and also E FM 581
Area
LP
Interior Features
Interior
Ceiling Fan(s), Granite Counters, Main Level Primary, No Interior Steps, Open Floorplan, Recessed Lighting, See Remarks, Vaulted Ceiling(s)
Fireplace Description
See Remarks
Primary Bedroom On Main
Yes
Heating
Central
Full Baths
3
Floors
Concrete, Wood
Has Fireplace
Yes
Laundry
Laundry Room, Washer Hookup, Electric Dryer Hookup
Number of Fireplaces
2
Appliances
Built-In Electric Range, Free-Standing Range, Disposal, Refrigerator, Stainless Steel Appliance(s)
Exterior Features
Style
Masonry, Metal Siding, Wood Siding
Is a Horse Property
Yes
Stories
1
Topography
Varied
Is New Construction
No
Lot Size in Acres
20.88
Construction/Exterior
Masonry, Metal Siding, Wood Siding
Possible Use
Grazing, Orchard
Exterior
Garden, No Exterior Steps, RV Hookup
Road Description
Asphalt
Foundation
Slab
Waterfront Description
Seasonal
Water / Sewer
Septic Tank, See Remarks
Has Waterfront
No
Water
Public, See Remarks, Well
Has View
Yes
Parking Description
Additional Parking, Circular Driveway, Detached Carport, Driveway, Gravel, Oversized, RV Access/Parking, See Remarks
View
Hills, Panoramic, Pasture, Trees/Woods
Garage Spaces
2
Is One Story
Yes
Fencing
Barbed Wire, Wire
School
Elementary School District
Lampasas ISD
Middle School
Lampasas
Elementary School
Hanna Springs
High School
Lampasas
Additional Information
Roof/Attic
Metal
APN
11164
Other Utilities
Electricity Connected, Phone Available, See Remarks, Water Available, Water Connected, Underground Utilities
Status
Active
Property Type
FRM
Documents Available
Aerial, Financials, Rent Rolls, See Remarks, Survey
Property SubType
Other
Square Feet Source
Public Records
Year Built
2022
Similar Listings
Mortgage Calculator
$4,435
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,423
Monthly Tax
$791
Monthly Insurance
$221
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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