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$1,260,000

2555 County Road 1139, Lampasas, TX, 76550

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths840 Sq Ft
price_per_sqft$1,500 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesWasher Dryer Stacked, Dishwasher, Free Standing Electric Oven, Disposal, Refrigerator, Stainless Steel Appliances
FlooringTile, Wood

Exterior

Exterior FeaturesRv Hookup
Lot Size95.49 acres

Land Information

APN152862
Land UseAgriculture / Farming
Legal DescriptionACR: 95.49 ABST: 282 & 0716 SURV: HUGHES & WILLIAMS 58.94 AC/282 & 36.55 AC/716 LOCCD:108
Census Tract950302
Assessed Land Value$885,250
Assessed Improvement Value$129,040
Assessment Year2025

About this property

Turn-Key Family Hunting Retreat Just North of Lampasas, TX Create a lifetime of outdoor memories with family on this exceptional 95+- acre recreational ranch located just 7 miles north of Lampasas. With a wildlife exemption already in place for low property taxes, this turnkey ranch is ready for hunting weekends, family getaways, holiday traditions, or full-time country living. The property offers outstanding wildlife habitat and hunting opportunities for whitetail deer, turkey, dove, occasional quail, and seasonal ducks on the spring-fed pond. For young outdoorsmen and anglers, the pond provides excellent fishing for largemouth bass and sunfish, making it easy to introduce the next generation to the outdoors right from your own property. A newly upgraded chip-sealed road leads from the county road to a beautifully remodeled 840 sqft home updated in 2019. The comfortable 2-bedroom, 1-bath home features a welcoming living room, dining area, and kitchen, along with a spacious 364 sqft covered front porch—perfect for enjoying sunrises, watching wildlife, or sharing stories after a successful day in the field. Additional improvements include a matching 240 sqft storage barn with electricity, rainwater collection system with a 9,592-gallon water storage tank, septic system, electric service, and septic-ready RV parking for visiting family and friends. Gather around the large outdoor fire pit for s’mores and campfire stories, tend the raised garden beds, or simply enjoy the peace and privacy of the Texas countryside. Whether you're teaching your children to hunt, spending weekends fishing by the pond, exploring the ranch on ATVs, or creating a family legacy property to enjoy for generations, this ranch offers the perfect blend of recreation, comfort, and country living. With many items conveying, this fully equipped and turnkey ranch is ready to hunt, fish, relax, and make memories from day one

Investor Tools

$371,400Estimated Mortgage Balance
$642,890Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,560 /month
Positive
Cash Flow Estimate:
$2,520 /month

Interested in this property?

James Banks

Shipley Ranches

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$615/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,308
$1,014,290
2025
$885,250
$129,040
$1,014,290
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,308
$1,014,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$400,000
No
First
Aug 18, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,400
$642,890
63%
37%
$2,399/mo

Learn About the Market: Opportunity in Texas

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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

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2555 County Road 1139 | Property Details | No Agent List