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$364,000

701 County Road 2200, Lampasas, TX, 76550

$473,200 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,040 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$193.63 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesCooktop, Dishwasher, Oven, Refrigerator, Stainless Steel Appliance(s)
FlooringLinoleum

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

Building Information

Year Built2021

Land Information

APN156111
Land UseResidential
Legal DescriptionMH IMP ONLY SETS ON 20786-030-000-00 LOCCD:108
Census Tract950302
Assessment Year2025

About this property

WELCOME HOME to your piece of Texas Heaven right in the heart of Lampasas! QUICK easy access to Highway 281 which is awesome! This adorable 10 acres (approximate - will need surveyed) and home are move-in ready - BRING YOUR HORSES and livestock - AG EXEMPT! Built in 2021, this 4 bedroom, 2 full bathroom 2,040 square foot home is in pristine condition! The lay-out is phenomenal and very open with all useable space! TWO living areas with so much room to spread out! The separate wing has it's own living area, full bathroom and two bedrooms - PERFECT set up for kids that want their own space, or a live-in family member! Huge utility room, no carpet anywhere, and the bedrooms are spacious as well. The kitchen has all stainless steel appliances with a kitchen island! The home is BRIGHT and AIRY! Large pantry off the kitchen, and large walk-in closet in the master bath! There is also a custom-built covered porch that overlooks the land in the back! It's so serene and private with a lot of fencing! There is a fenced-in front yard for dogs or kids to play, with a front porch as well. There are some BIG DEER and lots of wildlife on this property - see the photos!! What a great place, in a supurb location. Have the private country life you have always wanted, and see all of the stars and sunsets, yet be close to all of Lampasas's great conveniences and restaurants! An hour and thirty minutes to Austin. Close to Lampasas and Killeen airports. There is a fenced-in arena for riding, and a nearly new covered shed for the horses out front of the property! Great trees line the back of the property, and the soils and grasses are very good for animals. There is a wet-weather creek that runs thru as well, lined with trees. Come see for yourself! Such an affordable and nice place in a great location!! All documents for the manufactured home are in the documents section. Additional acreage and another home/barn can be available as well.

Investor Tools

Property Icon
$364,000
Estimated Property Value
$395,000Estimated Mortgage Balance
$0Estimated Equity
-9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$473,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,313
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,313
N/A

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Va
$395,000
Yes
First
Jun 20, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,032
$35,968
8%
105%
$2,369/mo

Learn About the Market: Opportunity in Texas

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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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