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$169,500

Lot D1 County Road 2315, Lampasas, TX, 76550

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About this property

Welcome to The Reserve at Mesquite Ridge, a new acreage community just north of Lampasas along CR 2315. Carved from the historic Bar 17 Ranch, this property offers an opportunity to own a piece of the Texas Hill Country with wide-open views, native terrain, privacy and plenty of room to build, recreate and enjoy the land. Multiple tracts are available ranging from approximately 15 to 27+ acres, with select tracts starting at $169,500. Mesquite Ridge features light restrictions and no mandatory HOA/POA, providing flexibility while helping preserve the character of the community. Build your forever home, weekend retreat or recreational getaway, or secure acreage as a long-term investment. Site-built homes and qualifying manufactured homes are permitted, with a 1,500 SF minimum living area. Barns, shops, workshops, livestock, gardening and other private agricultural and recreational uses are also permitted subject to the recorded restrictions. Enjoy the freedom of country living with lawful hunting, target shooting and private non-commercial shooting ranges permitted subject to applicable restrictions and safety requirements. An active grazing operation on designated tracts further preserves the property's authentic ranch setting. Tracts are accessed by a private road maintained through a shared Road Maintenance Agreement. Electric service is anticipated through Hamilton County Electric Cooperative, and Corix water service is anticipated within designated utility corridors. Water wells are also permitted subject to applicable requirements. Conveniently located just north of Lampasas, The Reserve at Mesquite Ridge combines manageable acreage, Hill Country scenery and relaxed restrictions at an attractive price point. Multiple tracts are available—choose the acreage and setting that best fit your plans. Come walk the land, take in the views and see the possibilities for yourself.

Investor Tools

$0Estimated Mortgage Balance
$169,500Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,017 /month
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Cash Flow Estimate:
$339 /month

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James Banks

Shipley Ranches

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Financing Details

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

City: Lampasas

Lot D1 County Road 2315 | Property Details | No Agent List