




$1,900,000
1081 County Road 1320, Lampasas, TX, 76550
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About this property
Welcome to an extraordinary Bell House Ranch offering 56.45 beautifully manicured acres with an agricultural exemption already in place. Ideally located northwest of Lampasas and just minutes from Colorado Bend State Park, this one-of-a-kind property combines natural beauty, functionality, and endless opportunity. The land features rolling elevation changes with breathtaking long-range views, towering hardwood trees, and two impressive tanks, including one spring-fed tank that enhances the property's year-round appeal. Fully fenced and cross-fenced, the ranch is perfectly suited for livestock, horses, recreation, or a private family compound. A grand entrance welcomes you into the property, setting the tone for the quality and craftsmanship found throughout. The custom stone exterior home offers 2 bedrooms and showcases warm natural woodwork throughout. Outdoor entertaining is effortless with a covered gazebo, outdoor BBQ area, covered parking, and a custom wood-covered outdoor bathroom designed with rustic charm. Additional improvements make this property truly unique, including a separate two-story living quarters with 3 bedrooms, full bath, laundry area, storage space, and covered parking—ideal for guests, extended family, or rental opportunities. Equestrian enthusiasts will appreciate the tack room and fenced horse riding arena. A separate double-wide building with covered porch is currently utilized as a business office but could easily transition into additional living quarters, guest accommodations, or a short-term rental. The expansive covered structure built on concrete pillars currently houses lumber mill equipment and a working mill, offering incredible versatility for business, workshop, storage, or event space use. Whether you're searching for a private ranch retreat, multi-generational living setup, wedding venue, income-producing investment, or recreational getaway, the possibilities here are truly endless.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lampasas
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