247 E FM 581 HIGHWAY, LOMETA, TX 76853
Homes for sale in Lometa.
Homes for sale in 76853.
List Price$980,000
247 E Fm 581 Highway
Lometa, TX 76853
Listing #8349622
Farm
Type
About This Property
Offered at $980,000, this is an opportunity to own an 86 acre property with incredible views, highway frontage and investment potential in one of the Hill Country's most sought-after regions. Location: Located just minutes from Lometa, this 86-acre Hill Country ranch offers sweeping long-range views, approximately 1700 feet of Highway 581 frontage, and exceptional versatility for cattle, recreation, or investment. A seasonal creek winds through the property, enhancing its natural character and appeal. The ranch is easily accessible from both Highway 581 and County Road 2745--just 9 minutes from Lometa and roughly 1 hour and 30 minutes from Austin. With electricity on-site and a water line along Highway 581, this property is well-positioned for future development, a premier homestead, or continued agricultural use. History: This parcel was once part of the historic Wagon Wheel Ranch -- a notable operation recognized for its high-quality horse breeding and cattle program throughout much of the 20th century. The land reflects the authentic ranching heritage that defines this region, offering a rare opportunity to own a piece of Hill Country history with investment potential. Land: Situated in the heart of Lampasas County, this 86-acre ranch offers a blend of usability, scenic beauty, and investment potential. The land is primarily flat with gentle rolling terrain, providing exceptional grazing opportunities for cattle or other livestock. A wet-weather creek meanders through the property, adding natural character and seasonal water features that enhance both ranching and recreational appeal. Electricity is on-site, and a community water line runs along FM 581--making this ranch well-suited for development, continued agricultural use, or long-term investment. Property is currently under Agriculture exemption.
Property Features
Location Information
County
Lampasas
Subdivision
None
County
Lampasas
Directions
From Lometa head North East 6 miles down FM 581 and the property is on your left.
Area
LP
Exterior Features
Is New Construction
No
Waterfront Description
Creek, Seasonal
Fencing
See Remarks
Has Waterfront
No
Lot Size in Acres
86
Has View
Yes
Road Description
See Remarks
View
Hills
School
Elementary School District
Lometa ISD
Middle School
Lometa
Elementary School
Lometa
High School
Lometa
Additional Information
Other Utilities
Electricity Available, Water Available
APN
155748
Property Type
FRM
Status
Active
Property SubType
Ranch
Documents Available
See Remarks
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Mortgage Calculator
$4,575
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,531
Monthly Tax
$816
Monthly Insurance
$228
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.
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