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$1,998,000

11126 Fm 581 E, Lometa, TX, 76853

On MarketInfo
Baths0 Bath
Baths2,734 Sq Ft
Year BuiltBuilt in 1978

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size39,640 sqft

Building Information

Year Built1978

Land Information

APN9124
Land UseAgriculture / Farming
Legal DescriptionACR: .910 ABST: 0169 SURV: GEORGE DYER LOCCD:110
Census Tract950100
Assessed Land Value$6,350
Assessed Improvement Value$108,460
Assessment Year2025

About this property

148.43 Acres with Rock Home & Simm Creek Frontage — Lampasas County, TX Located at 11126 E FM 581 near Lometa, Texas, this beautiful 148.43± acre ranch offers the perfect combination of comfortable country living, productive pastureland, and outstanding recreational appeal. The property features a recently updated 3 Bedroom, 2 Bath rock home with granite countertops in the kitchen, laminate flooring throughout the home, fresh interior paint, a cozy fireplace in the living room, den area, and an attached carport. The home is positioned to enjoy the peaceful setting and scenic views of the surrounding ranch. The ranch is well-equipped for cattle, horses, or recreational use with a water well, barn, stock tank, and a nice set of cattle working pens complete with chute. Approximately 70 acres are established in Coastal Bermuda grass, making this an excellent livestock operation with productive grazing and hay potential. The property has good exterior and interior fencing for livestock rotation and management. One of the highlights of the ranch is the approximately 3,181 feet of Simm Creek frontage along the southern boundary, providing beautiful scenery, wildlife habitat, and additional recreational opportunities. The land offers rolling terrain with scattered tree cover, creating a great mix of open pasture and shaded areas ideal for livestock, hunting, horseback riding, or simply enjoying the outdoors. Conveniently located in Central Texas, the property is approximately 15 to 20 minutes from Lometa, Evant, and Lampasas, and about 1 hour and 15 minutes from Cedar Park, Temple, Killeen, Brownwood, and Stephenville. Whether you are looking for a full-time residence, cattle ranch, horse property, or weekend recreational getaway, this ranch offers the space, improvements, and location to fit a variety of uses.

Investor Tools

$0Estimated Mortgage Balance
$114,810Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,988 /month
Positive
Cash Flow Estimate:
$3,996 /month

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Calvin Burks

BURKS REAL ESTATE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,517
$114,810
2025
$6,350
$108,460
$114,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,517
$114,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$114,810
100%
0%
$0/mo

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lometa

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