Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$368,000

NAL Estimated Property Value

140 Homestead Dr, Lampasas, TX, 76550

$435,000 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,188 Sq Ft
price_per_sqft$366.16 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesCooktop, Dishwasher, Electric Cooktop, Microwave, Electric Oven, Stainless Steel Appliance(s), Electric Water Heater
FlooringLaminate

Exterior

Exterior FeaturesLighting
Lot Size5.12 acres

Building Information

Year Built2021
Garage Spaces3

Land Information

APN118727
Lot Number5
SubdivisionHomestead Hills
Land UseResidential
Legal DescriptionS5231 HOMESTEAD HILLS LOT 5 5.12
Census Tract960200
Assessed Land Value$18,274
Assessed Improvement Value$236,892
Assessment Year2025

About this property

Welcome to your dream Barndominium, a serene retreat in the heart of the Texas Hill Country on just over 5 acres of breathtaking land. This charming 2-bedroom, 2-bathroom home spans 1,188 square feet and offers the perfect balance of rustic elegance and comfort.The open-concept kitchen (all appliances convey), dining, and living area provides an ideal space for entertaining, while the primary suite features a soaking tub, separate tile shower, and dual vanities for modern comfort. Designed for efficiency and durability, the home is well-insulated with dual-pane windows on both the home and garage and is kept comfortable year-round with a 3-ton A/C unit. Recent upgrades include a stylish backsplash and shower, as well as a detached garage. The driveway and garage were chipped and sealed in February, ensuring a dust-free entrance and exit. Surrounded by nature, this 5+ acre property boasts seven trees with landscape lighting, including a variety of Oaks, Cherry, Dogwood, and Magnolia, creating a picturesque landscape. A stunning 40’ x 17’ cedar pergola welcomes you at the front entrance, while the covered 12’ x 24’ back deck with outdoor lighting offers the perfect spot to unwind and take in the peaceful surroundings. For added convenience, a 20’ x 30’ RV cover is situated behind the detached garage. The property is AG-exempt, attracting abundant wildlife, such as birds, grazing cows, and a breathtaking Bluebonnet field in the spring. A half-acre fenced yard makes this home ideal for pet owners, offering plenty of space for furry family members to roam. Despite its private setting, this property is minutes from the charming town of Lampasas, where you can shop and grab a great burger! You are also a short drive to Austin, Fort Cavazos. Don’t miss this rare opportunity to own a slice of Texas paradise! Riding lawnmower, washer, and dryer to convey! Living room furniture is negotiable. **1% lender incentive with Seller's preferred lender**

Investor Tools

Property Icon
$368,000
Estimated Property Value
$343,480Estimated Mortgage Balance
$24,520Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$435,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,017
$255,166
2025
$18,274
$236,892
$329,052
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,017
$255,166

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$346,500
No
First
Nov 24, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,480
$33,520
8%
93%
$2,078/mo

City: Lampasas

140 Homestead Dr | Property Details | No Agent List