247 E FM 581 HIGHWAY, LOMETA, TX 76853

Homes for sale in Lometa.

Homes for sale in 76853.


Active

List Price$980,000

247 E Fm 581 Highway

Lometa, TX 76853

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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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