388 CR 3500, LAMPASAS, TX 76550

Homes for sale in Lampasas.

Homes for sale in 76550.


388 cr 3500

Lampasas, TX 76550

Active

List Price$999,000

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

Listing #21099457

4

Bedrooms

4 full

Bathrooms

Farm

Type

About This Property

Discover a truly unique opportunity to own two homes on 29.621 acres of serene, Ag-exempt countryside -- fully fenced and cross-fenced, perfect for ranch living, livestock, or multi-generational use. The main ranch-style home offers approximately 1,733 sq. ft. with 3 bedrooms and 3 full baths, featuring an open-concept floor plan, spacious living areas, and a covered patio ideal for outdoor entertaining. A private water well services this home, providing self-sufficiency and rural charm. The second residence, an impressive 5,054 sq. ft. metal-structure home, is partially finished and ready for your custom touches. With its open floor plan, double-sided fireplace, beautiful roll-up doors, and underground shipping container, this structure offers endless possibilities for completion as a luxury barndominium, workshop, or expansive family home. Electrical and plumbing rough-ins are already in place, streamlining the finishing process. Additional improvements include a 2,356 sq. ft. garage with a 1-bedroom, 1-bath apartment, perfect for guests, extended family, as well as a pole barn and an extra shop for equipment, vehicles, or storage. The property also features a wet-weather creek and seasonal ponds, adding natural beauty and character to the landscape. This property benefits from an Agricultural Exemption for lower property taxes, making it not only a beautiful investment but a smart one. Ideal for a buyer with vision and creativity--someone looking to complete a one-of-a-kind estate in a peaceful rural setting. With multiple living spaces, abundant outbuildings, and vast open land, this is a rare opportunity to create your dream homestead, investment compound, or country retreat.

Property Features

Location Information

County

Lampasas

Subdivision

NONE

Interior Features

Rooms

First Floor Bedroom, First Floor Bedroom, First Floor Bedroom, First Floor Bedroom, First Floor Dining Room, First Floor Living Room, First Floor Primary Bedroom

Has Fireplace

Yes

Interior

Open Floorplan

Number of Fireplaces

1

Master Bedroom Description

0 x 0

Heating

Central, Electric

Full Baths

4

Cooling

Central Air, Ceiling Fan(s), Electric

Dining Room Description

0 x 0

Laundry

Laundry in Utility Room

Living Room Description

0 x 0

Appliances

Electric Oven, Electric Water Heater

Exterior Features

Style

Craftsman, Farmhouse

Patio / Deck Description

Covered

Stories

1

Pool Description

None

Construction

Aluminum Siding, Brick, See Remarks, Vinyl Siding

Lot Description

Acreage

Roof

Composition, Metal, Shingle

Lot Size in Acres

29.601

Utilities

Electricity Available, Water Available

Lot Size in Sq. Ft.

1,289,419

Parking Description

Additional Parking

Is One Story

Yes

Garage Spaces

0

Lot Description

Acreage

Fencing

Cross Fenced, Full, Perimeter

School

Elementary School District

Lampasas ISD

Jr. High School

Lampasas

Elementary School

Taylor Creek

High School

Lampasas

Additional Information

Property Type

FRM

Year Built

2022

Property SubType 2

House

Status

Active

Property SubType

Farm

Has a Home Owners Association

No

Similar Listings

Mortgage Calculator

$4,664

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,599

Monthly Tax

$832

Monthly Insurance

$233

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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