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$185,888

NAL Estimated Property Value

240 Reserve DR, Lampasas, TX, 76550

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11.84 acres

Land Information

APN117879
Lot Number104
SubdivisionRolling Hills Reserve
Land UseAgriculture / Farming
Legal DescriptionS7425 ROLLING HILLS RESERVE LOT 104, PHASE 2, 11.84
Census Tract960200
Assessed Land Value$185,888
Assessment Year2025

About this property

11.84 Acres with pre-drilled test well conveniently located between Lampasas and Burnet! This nearly level lot offers several dream home build site possibilities and a forest of trees with endless options for shade and privacy. The community gated entry offers additional privacy and security, while the improved paved roads allow for easy access to your homesite without the hassle of bumpy dirt roads. The "icing on the cake" is the quick access to 281 making it easy to visit Lake Buchanan on the hot summer months; drive the hill country for bluebonnet site seeing in the spring; and visiting other Highland Lakes vineyards, towns, and landmarks year round!

Investor Tools

Property Icon
$185,888
Estimated Property Value
$483,469Estimated 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
$1,319 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$78/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3
$185,888
2025
$185,888
N/A
$185,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3
$185,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$487,000
No
First
Nov 13, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$483,469
N/A
0%
260%
$2,920/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: Lampasas

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240 Reserve DR | Property Details | No Agent List