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$195,999

703 Blackbuck Ridge Drive, Lampasas, TX, 76550

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths900 Sq Ft
price_per_sqft$217.78 / sqft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size5 acres

Land Information

APN114568
Lot Number220
SubdivisionRanches At Blackbuck Ridge
Land UseAgriculture / Farming
Legal DescriptionS7273 RANCHES AT BLACKBUCK RIDGE LOT 220, SEC 2, 5.0
Census Tract960200
Assessed Land Value$332
Assessed Improvement Value$27,000
Assessment Year2025

About this property

Welcome to this 5± acre property in Ranches at Blackbuck near Lampasas in Burnet County, Texas. The acreage offers a combination of mature oak trees, abundant wildlife, privacy, and valuable improvements already in place for a future homesite, weekend retreat, or recreational property. The property currently maintains a wildlife exemption and features numerous mature oaks, including several estimated to be more than 200 years old. Blackbuck, whitetail deer, and other wildlife are regularly seen throughout the area. A 30×30×14 metal shop is positioned approximately 300 feet from the front property line and offers approximately 900 square feet of usable space. The building includes a concrete slab, approximately three inches of spray-foam insulation, mini-split heating and cooling, two personnel doors, four windows, and three roll-up doors measuring approximately 8×8, 10×10, and 10×12. The shop also includes numerous interior and exterior electrical outlets, a 50-amp RV connection, dedicated refrigerator outlet, newer refrigerator, wood workbench, shop light, and freeze dryer. A private electric pole serves the property, with underground electric running to the shop and electrical rack. Two 200-amp panels are in place, with one servicing the shop and the second ready for a future residence. An additional 50-amp RV connection is located at the electrical rack. With room to add a private well and additional improvements, this property offers a strong foundation for future development while preserving the natural character and rural setting of Ranches at Blackbuck.

Investor Tools

$0Estimated Mortgage Balance
$379,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

Interested in this property?

Alexis Thompson

Bar T Realty Llc

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$352
$27,332
2025
$332
$27,000
$159,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$352
$27,332

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$379,000
100%
0%
$0/mo

City: Lampasas

703 Blackbuck Ridge Drive | Property Details | No Agent List