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$1,475,000

NAL Estimated Property Value

789 County Road 3480, Lampasas, TX, 76550

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,110 Sq Ft
price_per_sqft$632.6 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Water Heater, Free Standing Electric Range, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size206.47 acres

Building Information

Year Built2000
Garage Spaces3

Land Information

APN17832
Land UseResidential
Legal DescriptionACR: 206.47 ABST: 0315, 0306, 0433 SURV: D E HUFFMAN, M A HUFFMAN, W JONES LOCCD:108
Census Tract950100
Assessment Year2025

About this property

~224 total acres with over 3000 feet of both sides of spring fed Lucy Creek. Huge Oak trees, Cedar Elms and Pecan trees cover much of the ranch. ~1000’ of frontage on County Road 3500. Over 1 mile of frontage on both sides of County Road 3480. Roughly 78 acres of open grazing field with improved Kline grass and 146 acres of wooded and semi-wooded and riparian zones around the creek. Clay loam soils cover most of the ranch and provide excellent grazing. 4,110 sq ft custom home - four bedrooms, three and ½ baths, office that could be a fifth bedroom, two large living areas, spacious kitchen, screened in porch and attached garage with lots of storage space. Swimming pool and pool house that protects pool equipment and provides a storage space. Guest house which needs significant work, barn and several storage buildings. Fenced and cross fenced with numerous livestock watering locations and working pen. Lucy Creek runs through the property and provides running spring fed water most of the year. The deep holes on the creek typically hold water year-round. The property sits above the Trinity Aquifer. A water well on the property supplies water for stock animals, wildlife and irrigation. Kempner Water Supply Corporation provides water for both the main house and the guest house. Wildlife: The ranch habitat attracts most of the native Texas wildlife, whitetail deer, wild turkeys, etc. Grasses and Trees: Native grasses, improved Kline grass in the pastures and native trees are flourishing. Horses are allowed.

Investor Tools

Property Icon
$1,475,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,475,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,600 /month
Positive
Cash Flow Estimate:
$5,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,095/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,767
N/A
2025
N/A
N/A
$2,086,020
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,767
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,642,000
100%
0%
$0/mo

City: Lampasas

789 County Road 3480 | Property Details | No Agent List