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

$275,000

251 StarGazer DR, Lampasas, TX, 76550

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size15 acres

Land Information

APN122139
Lot Number12,15
SubdivisionStargazer Ranch
Land UseAgriculture / Farming
Legal DescriptionS8022 STARGAZER RANCH LOT 12 15.
Census Tract960200
Assessed Land Value$996
Assessment Year2025

About this property

Welcome to Stargazer Ranch—a private, gated community tucked away in the peaceful countryside of Naruna, Texas. Situated at the end of a cul-de-sac, this spacious 15-acre lot is one of the largest and most private properties in the community. The homesite and drive paths have already been cleared, offering a head start on your dream build. Residents enjoy access to a community fishing pond and the benefit of an agricultural exemption already in place, helping to keep property taxes low. Centrally located between Lampasas, Burnet, Lake Buchanan, and Colorado Bend State Park, this property provides a gateway to everything the Texas Hill Country has to offer—peaceful living, stunning sunsets, local wineries, recreational lakes, and scenic state parks. Don’t miss this rare opportunity to own a beautifully prepared piece of land in a truly tranquil and picturesque setting. An added bonus: approximately 25 loads of decomposed granite are already onsite and will convey with the property—ideal for driveways, landscaping, or future development needs.

Investor Tools

$230,323Estimated Mortgage Balance
$996Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Compass RE Texas, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13
$996
2025
$996
N/A
$255,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13
$996

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Service Fcu
Conventional
$242,900
No
First
Jun 16, 2023
Jul 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,323
N/A
0%
23125%
$1,457/mo

City: Lampasas