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$360,000

NAL Estimated Property Value

1 TBD SkyRidge RD, Lampasas, TX, 76550

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths500 Sq Ft
price_per_sqft$720 / sqft
Year BuiltBuilt in 2019

About this property

Welcome to Smith Ranch, a private gated ranch-style community located in northwest Lampasas County, known for outstanding hunting, recreation, and exclusive access to the Colorado River. Property owners enjoy access to seven common areas along the river, providing opportunities to fish, swim, kayak, and enjoy the natural beauty of the Texas Hill Country. This 30-acre tract is located on Skyridge Road, an area renowned for exceptional hunting opportunities. Wildlife commonly found on the property and throughout Smith Ranch includes native whitetail deer, turkey, hogs, dove, as well as free-ranging axis deer and aoudad. The land is loaded with beautiful hardwoods, natural cover, and rolling Hill Country terrain that create ideal habitat for wildlife and outstanding recreational enjoyment. Perched to capture breathtaking long-range views, the approximately 500-square-foot cabin features an open floor plan and a half bath, making it the perfect weekend retreat or hunting camp. Attached is a 350-square-foot metal barn that provides ample space for storing ATVs, UTVs, hunting equipment, and ranch gear. The cabin is connected to electricity and currently utilizes a rainwater collection system. The property is partially fenced and cross-fenced, offering flexibility for recreational use and future improvements. With incredible views, abundant wildlife, mature hardwoods, Colorado River access, and the privacy of a gated ranch community, this property is an exceptional opportunity to own your own piece of the Texas Hill Country. Smith Ranch maintains a voluntary POA, allowing owners to enjoy the benefits of the community while preserving the ranch's relaxed atmosphere.

Investor Tools

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$360,000
Estimated Property Value
$0Estimated Mortgage Balance
$360,000Estimated 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
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$150/month
5.947%

City: Lampasas

1 TBD SkyRidge RD | Property Details | No Agent List