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Days1525Days on Market
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$425,000

$435,000

389 County Road 1281, Lampasas, TX, 76550

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,176 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$195.31 / sqft
Year BuiltBuilt in 2016

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesStorage, Other
Lot Size10 acres

Building Information

Year Built2016

Land Information

APN152320
Lot Number4
Land UseResidential
Legal DescriptionACR: 10 ABST: 0036 SURV: WILLIAM P BRASHEAR LT 4 MCA RANCH LOCCD:108
Census Tract950100
Assessed Land Value$170,000
Assessed Improvement Value$238,250
Assessment Year2025

About this property

Escape to this move-in-ready, 2,176 sq ft Hill Country retreat! Built in 2016, this spacious 4-bed, 3-bath manufactured home sits on 10 private acres on a quiet dead-end road with zero traffic noise. Perfect for horse lovers, the property offers stunning views and room to roam, all just 12 miles from Lampasas.

Investor Tools

$692,565Estimated 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
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Leah Caruthers

TEXAS REAL ESTATE SALES

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16
$408,250
2025
$170,000
$238,250
$408,250
No

Tax History

Year
Tax Paid
Assessed Value
2022
$16
$408,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Va
$285,102
Yes
First
Dec 17, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$692,565
N/A
0%
166%
$4,189/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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