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$676,167

NAL Estimated Property Value

8011 S Highway 281, Lampasas, TX, 76550

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,667 Sq Ft
price_per_sqft$374.93 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio, Porch
Lot Size10 acres

Building Information

Year Built2004
Garage Spaces5

Land Information

APN71538
SubdivisionE.G. Rector
Land UseAgriculture / Farming
Legal DescriptionABS A0710 E.G. RECTOR, TRACT PT OF 9, 10.0 ACRES
Census Tract960200
Assessment Year2025

About this property

**Charming Country Retreat on 10 Serene Acres!** Welcome to your dream oasis, where modern comfort meets rustic tranquility! Nestled on a sprawling 10 acres of meticulously manicured land, this stunning residence offers 1,667 square feet of thoughtfully designed living space. Recently updated in 2022, the home effortlessly combines contemporary elegance with cozy warmth. Step inside to discover an inviting open floor plan featuring three spacious bedrooms and two immaculately appointed bathrooms. The heart of the home boasts a bright and airy living room that flows seamlessly into a stylish kitchen—ideal for family gatherings or entertaining friends. Recent renovations enhance the charm with modern finishes while retaining timeless appeal. Each bedroom is generously sized, providing ample space for relaxation and personalization. Step out onto your private backyard retreat where a sparkling in-ground swimming pool awaits. Picture yourself lounging poolside on warm summer days or enjoying enchanting evenings under starlit skies. But that's not all! This expansive property includes a remarkable **45x80 metal shop**, perfect for hobbyists or entrepreneurs alike. Whether you envision it as a workshop, storage area, or potential business. Steps away you will discover not one but two smaller metal buildings that redefine functionality. The expansive 24x60 metal building boasts attached pens—perfectly suited for livestock enthusiasts or your next FFA project. Whether you're looking to raise animals or set up a workshop for your hobbies, this versatile space accommodates it all! Additionally, utilize the charming 24x24 metal building as extra storage or transform it into an ideal workspace tailored to your creative passions. Both outbuildings offer endless possibilities.

Investor Tools

Property Icon
$676,167
Estimated Property Value
$299,759Estimated Mortgage Balance
$376,408Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,057 /month
Positive
Cash Flow Estimate:
$1,352 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,493
$676,167
2025
N/A
N/A
$694,107
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,493
$676,167

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$303,750
No
First
Aug 19, 2025
Sep 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,759
$376,408
55%
44%
$1,822/mo

City: Lampasas

8011 S Highway 281 | Property Details | No Agent List