16588 N US HIGHWAY 281 HIGHWAY, LAMPASAS, TX 76550

Homes for sale in Lampasas.

Homes for sale in 76550.


Active

List Price$949,999

16588 N Us Highway 281 Highway

Lampasas, TX 76550

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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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