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$425,000

000 Watson-Yeary RD, Lampasas, TX, 76550

On MarketInfo

About this property

Sitting on the northern end of the Texas Hill Country, Freedom Legacy Ranch is a 29 +/- acre ranch situated just West of Lampasas, Texas. Freedom Legacy Ranch offers a large pond, rolling hills, mature trees, and the perfect site to build your forever home. Sitting on the northern end of Burnet County, Freedom Legacy Ranch is a stunning piece of acreage that truly showcases the Texas Hill Country. With acreage properties on three sides and approximately 760 feet of county road frontage, this ranch gives you a true rural feel while also offering a short commute to Lampasas. The size of this property is truly a sweet spot at 29 +/- acres, giving you more than enough acreage to maintain that Hill Country feel, while not being too much to manage. From the moment you turn off County Road 106 and pull through the gate onto the Freedom Legacy Ranch, you notice a stunning .7 +/- acre pond, native grasses, mature trees, rolling hills, and a breathtaking home site. There is perimeter fencing on three sides, establishing a good starting point for the future owners’ endeavors. The ranch is under an agricultural tax valuation through a grazing lease and is home to 1 longhorn that will convey with the property. Electric is available from the road, giving the future owners easy access to electricity. This property gives the future owner endless potential to build their dream Hill Country home, just a short commute from Lampasas, Texas.

Investor Tools

$0Estimated Mortgage Balance
$425,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Wilson Sonny Allen

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Lampasas

000 Watson-Yeary RD | Property Details | No Agent List