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$495,000

20525 N North US Highway 281 Highway, Lampasas, TX, 76550

$531,987 ARVInfo
Off MarketInfo
Baths3 Bath
Baths1,924 Sq Ft
FarmFarm
price_per_sqft$257.28 / sqft
Year BuiltBuilt in 2017

Highlights

Interior

Bathrooms 3Bathrooms 3
AppliancesCooktop, Free-Standing Refrigerator

Exterior

Private PoolPrivate Pool

About this property

WELCOME to Casita Del Rio on the Lampasas River - This recreational property is TURN KEY and READY TO GO!! Just bring your clothes and toothbrush - literally! This cool retreat would be absolutely PERFECT for a weekend getaway, away from the hustle and bustle of city life! Close proximity to Austin, San Antonio, and Dallas/Ft. Worth. 10 acres feels HUGE at this place- so many destination spots! River fun with over 1000’ of shoreline!! 4 separate buildings include: 5 bedrooms plus cabin, totaling 1 king, 4 queens, 1 double, and 2 twin beds! 3 bathrooms. ALL furniture and linens can stay! All wired for Nextlink WiFi. Shop building and cabin have Simplysafe security. 30’ x 28’ shop for entertaining and storage! SO MANY THINGS INCLUDED, including JD tractor and implements, Scag Mower, Jeep Kiser, golf cart, 4 ATV’s, Stihl power equipment (please see Amenities Document attached for ALL details - WAY too many to list here!). Treehouse with 80’ biplane thru the gorgeous majestic trees and river! 100 year old working original windmill! Well house has RV connection. Yard games galore, all lighted! Pistol and rifle ranges. Mini golf course! There is also an additional 9 acres that is available to purchase to the South (inquire for more details). Sit outside by the fire pit and enjoy all of what the country life has to offer here in Lampasas!! GREAT VRBO potential as well to make it income-producing! This is a VERY COOL majestic property that cannot go unnoticed! You will be amazed by it. Call me to see this place!!

Investor Tools

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Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$531,987
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

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

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: Lampasas

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20525 N North US Highway 281 Highway | Property Details | No Agent List