16588 Us Highway 281
Lampasas, TX 76550
$949,999
- 5 beds
- 3 baths
- 3,200 sq ft
- 20.88 acres
- Built 2022
Listed by Renfrew Real Estate LLC · MLS #ACT3709106
Property photos are not available.
A FEW THINGS TO NOTICE
What stands out.
Details worth a look
Spectacular opportunity to capitalize on a property which provides an established built-in 12 Pad RV Development, 3 Income Producing Cabins, income producing Garden, (2) Single Family homes, and you still have +/- 15 acres left for further expansion, farming, subdividing, etc!
Year built
Built in 2022.
Property size
20.88 acres listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
Get to know the property.
Current TxDot traffic study indicates +/- 5,000 daily cars pass this site. With the already in process, major Highway 281 expansion from Evant to Lampasas, this property benefits from even more future daily traffic volume and visibility! Many tremendous uses for this property from an ideal location of major Convenience Store/Truck Stop, Restaurant, RV Park and Cabin expansions, Multi Generational Living, Short Term Rentals, Air BnB, and the list keeps going!
The two stunning Single Family Properties on this property include a Historical Home built in +/- 1870. This master piece has been tastefully restored in many ways and is located along Highway 281. This beautiful home was hand crafted with 20" thick stone walls and displays absolutely stunning beam and wood work! Featuring +/- 1500 square feet, 3 bedrooms/1 bathroom, plus expansive decking and balcony space. It also includes a large underground
cellar/storm shelter! The newer 2022 year built, Barndo features luxurious finishes! 2-story ceilings, extensive recessed lighting, wood cabinetry, granite countertops and a show stopper of a screened Patio overlooking a huge Oak Tree Grove. Featuring +/- 1700 square feet, 3 beds, 2 baths, large living/kitchen/dining and a large laundry room. The RV Development is equipped with 12 Large Pad Sites, with full utility hook ups. Additionally, a communal building provides multiple washer/dryers plus 2 additional bathrooms. Don't forget about the 3 Income Producing Cabins featuring bathrooms, kitchens and sleeping spaces!
THE NEIGHBORHOOD
Explore the location.
16588 Us Highway 281, Lampasas, TX 76550
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THE DETAILS
The details, all in one place.
- Property type
- Residential
- Category
- Residential
- Year built
- 2022
- Full baths
- 3
- Half baths
- 0
- Garage spaces
- 0
- Cooling
- Central Air
- Heating
- Central
- Appliances
- Built-In Electric Range, Dishwasher, Disposal, Dryer, Washer, Washer/Dryer
- Flooring
- Concrete, Wood
- Fencing
- Barbed Wire, Wire
- Pool features
- None
- Subdivision
- William Jones
- Parcel
- 11164
- Elementary school
- Hanna Springs
- Middle school
- Lampasas
- High school
- Lampasas
- Annual property tax
- $573.36
Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.
OWNERSHIP, WITH A PLAN
Investor outlook.
Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.
ERA PROPERTY MANAGEMENT
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Meet ERA Property ManagementResidential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.
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16588 Us Highway 281, Lampasas, TX 76550 · MLS #ACT3709106
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Listing information
MLS #ACT3709106 · Austin Board of Realtors
Listing brokerage: Renfrew Real Estate LLC
Listing agent: Patrick Renfrew
Listing status: Active. Record updated . Confirm current availability and price with the listing agent.
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