ActiveResidential · sale

105 Buffalo

Lampasas, TX 76550

$935,900

  • 3 beds
  • 2 baths
  • 2,140 sq ft
  • 5 acres
  • Built 2023

Listed by Texas Premier Realty · MLS #ACT7120216

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

It has a great workshop area, a nice, covered patio, a 4,000-gallon rainwater catchment with a pump to water outdoor plants, and a 2,500-gallon water storage tank.

Year built

Built in 2023.

Garage parking

2 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to this beautiful home on 5 acres in the gated community of The Ranches at Blackbuck Ridge, located in the heart of the Texas hill country. This corner lot is covered with beautiful live oak trees. The entire 5 acres are groomed and landscaped around this custom-built home with native plants and buffalo grass. There is a 900 sq.ft. barn with tall drive thru doors that can house a RV or other family toys. It has a great workshop area, a nice, covered patio, a 4,000-gallon rainwater catchment with a pump to water outdoor plants, and a 2,500-gallon water storage tank. There is also a pole barn located on the property for your tractor and other yard equipment. The home has a large, covered front and back porch for your enjoyment. Just off the back porch, is a 4-person hot tub on a concrete slab. There is a built-in outdoor kitchen on the back porch. NOW FOR THE HOME: The craftmanship that went to this home is evident as soon as you walk thru the front door. It has a large open living/kitchen/dining area with 10 foot ceilings, a beautiful corner wood burning fireplace, custom cabinets with upper lights, granite counters, Walkin pantry, electric stove top, built-in oven and microwave, and a large island. There is also a large Plate glass window with electric shade that looks out onto the back porch and back yard. The primary bedroom features cedar beams on the ceiling, bay window looking out onto the front yard, and a barn door style leading into the primary bathroom. There are split his and hers vanities, a makeup area, and a walk-in shower with double shower heads. The large master closet features multi-level clothing rods and a door leading directly into the laundry room for your convenience. This home has spray foam insulation that will help with energy efficiency. There is a water softener and a 26K Generac generator and an oversized garage. The home is less than 4 years old, so you won't have to go thru the headaches of building your next home.

THE NEIGHBORHOOD

Explore the location.

105 Buffalo, Lampasas, TX 76550

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2023
Full baths
2
Half baths
0
Garage spaces
2
Cooling
Ceiling Fan(s), Electric
Heating
Electric
Appliances
Built-In Electric Oven, Built-In Electric Range, Built-In Oven(s), Built-In Range, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven, Electric Oven, Plumbed For Ice Maker, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Electric Water Heater
Flooring
Vinyl
Fencing
Back Yard, Partial, Wire, Wood
Accessibility
Accessible Full Bath
Pool features
None
Subdivision
Ranches At Blackbuck Ridge
Parcel
114580
HOA
Ranches at Blackbuck Ridge HOA
HOA amenities
See Remarks
HOA fee frequency
Annually
Elementary school
Shady Grove
Middle school
Burnet (Burnet ISD)
High school
Burnet
Annual property tax
$6,426.17
HOA fee
$550.00

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.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$2,249.43
Estimated monthly rent$3,899.58
Cap rate3.13%

Annual operating income: $29,332.92

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential 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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105 Buffalo, Lampasas, TX 76550 · MLS #ACT7120216

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Listing information

MLS #ACT7120216 · Austin Board of Realtors

Listing brokerage: Texas Premier Realty
Listing agent: Jim Clark

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.