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

$145,640

NAL Estimated Property Value

198 Cherry Laurel LN, Lampasas, TX, 76550

Off MarketInfo
Baths0 Bath

About this property

Welcome to the kind of space where life slows down—in the best way. Nestled on 6.62 ag-exempt acres in a gated community, 198 Cherry Laurel Trail offers the freedom to build a life that actually feels like yours. With wide open, level land, a stock pond, and a natural mix of honey mesquite, prickly pear, and red cedar, you get the perfect balance of usable space and privacy. A charming farm road already carves out a natural driveway, inviting you home each time you arrive. Picture mornings with coffee overlooking your land, evenings by the pond, and weekends filled with whatever you choose—gardens, animals, a workshop, or simply room to breathe. With minimal restrictions, your vision isn’t boxed in—it’s wide open. Located just outside the heart of Lampasas, known as the “Spring Ho” (Spring of the Lampasas) and famous for its natural springs, small-town charm, and rich ranching heritage, you’ll enjoy the peace of country living while still being close to local shops, dining, and community events that make this area so special. The community features gated access and smooth asphalt roads, with electric available at the street. Bring your plans and make it your own with a well and septic system. Whether you’re dreaming of a weekend retreat or a full-time escape, this is more than land—it’s a lifestyle waiting to be built.

Investor Tools

Property Icon
$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$874 /month
Positive
Cash Flow Estimate:
$291 /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
$X/month
$912/month
5.947%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

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.

Explore Texas Explore This Area
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: Lampasas

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

198 Cherry Laurel LN | Property Details | No Agent List