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$254,990

405 Heartleaf DR, Lampasas, TX, 76550

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10.40 acres

Land Information

APN121010
Lot Number236
SubdivisionCross Timber Ranch
Land UseAgriculture / Farming
Legal DescriptionS3955 CROSS TIMBER RANCH LOT 236 BLK D 10.40
Census Tract960200
Assessed Land Value$691
Assessment Year2025

About this property

Welcome to Cross Timber Ranch in Burnet County, ideally located between Burnet and Lampasas, Texas. This stunning 10.4-acre tract offers the perfect setting to build your dream home, vacation retreat, barndominium, or weekend getaway cabin. The property is heavily wooded with mature oak and elm trees, providing privacy, shade, and natural beauty. Improved access at the entry and electricity available make development easy and convenient. Situated within a gated, high-fence community, residents enjoy abundant exotic and native wildlife, including Red Stag, Axis Deer, Aoudad, White-Tailed Deer, Blackbuck Antelope, and Wild Turkey. Take advantage of low property taxes with an existing agricultural exemption. The annual grazing association fee is $912 per tract. Conveniently located just a short drive to an 18-hole golf course and local wineries, this property offers the perfect blend of Hill Country tranquility and nearby amenities.

Investor Tools

$202,497Estimated 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
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

James Banks

Shipley Ranches

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1/month
$912/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3
$691
2025
$691
N/A
$249,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3
$691

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Farm Credit Aca As Agent/Nominee
Commercial
$220,915
No
First
Jan 24, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,497
N/A
0%
29305%
$1,325/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.

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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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405 Heartleaf DR | Property Details | No Agent List