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$895,000

Tbd County Rd 2200, Lampasas, TX, 76550

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About this property

Located just 5 minutes from Lampasas, this beautiful 40.10-acre property offers the ideal combination of convenience, views, and country living. The ranch is approximately 1 hour from Austin, 1 hour from Georgetown, and 45 minutes from Cedar Park and Leander, making it an excellent location for a weekend getaway, homesite, or small recreational ranch. The property has, paved, CR 2200 frontage and features gently rolling terrain with beautiful long-range views and scattered mesquite trees. A pond adds to the property's appeal and provides a nice focal point for the land. The acreage is cross-fenced, making it well suited for horses or cattle. A Corix waterline is located along CR 2200, providing a potential water source for the property; (buyer to satisfy self as to the availability and cost of a water tap). The property offers several excellent homesites with attractive views and plenty of room for a home, barn, horses, or livestock. The seller will place some light restrictions on the property to help protect the quality and character of the acreage while still allowing for a variety of uses. A great opportunity to own a manageable-sized tract in a desirable Lampasas location with good views, a pond, usable terrain, and excellent homesite potential.

Investor Tools

$0Estimated Mortgage Balance
$895,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month

Interested in this property?

Michael Bacon

Texas Ranch Brokers LLC

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Financing Details

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

City: Lampasas

Tbd County Rd 2200 | Property Details | No Agent List