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$254,990

405 Heartleaf Drive, Lampasas, TX, 76550

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

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
$691Estimated 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 LLC

ContactContact

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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

City: Lampasas

405 Heartleaf Drive | Property Details | No Agent List