ActiveResidential · sale

5650 County Road 101 None

Lampasas, TX 76550

$849,950

  • 3 beds
  • 3 baths
  • 1,969 sq ft
  • 20 acres
  • Built 2010

Listed by Keller Williams Realty · MLS #ACT1008223

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

5650 County Road 101 None, Lampasas, TX 76550 · MLS #ACT1008223

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Your purchase plans

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

IMPROVEMENTS: The 1,969± sq ft home has an open kitchen, living, and dining layout with Hill Country views, plus a covered back patio for evening sunsets.

Year built

Built in 2010.

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.

OVERVIEW:
Set on 20 acres 10 minutes from Lampasas, this hilltop property offers sweeping Hill Country views and exceptional sunsets, with paved access off CR 101. A 3-bed, 3-bath home built in 2010 sits on the high point, surrounded by open pasture and scattered cedar, mesquite, and mature oaks. It works well as a full-time residence, weekend retreat, or small-acreage homestead.

IMPROVEMENTS:
The 1,969± sq ft home has an open kitchen, living, and dining layout with Hill Country views, plus a covered back patio for evening sunsets. A two-bay carport includes a 240± sq ft finished room for an office, workshop, or hobby space. About one acre around the home is fenced for a yard and dog run, and two gated entrances have automatic openers. The property is perimeter fenced with barbed wire, carries an ag exemption, and has open ground for a barn, shop, second residence, or livestock.

WATER & UTILITIES:
A 425-foot well produces approximately 30 GPM, and a stock tank holds water most of the year. Electricity is from Pedernales Electric Cooperative, with propane from an owned 250-gallon tank. AT&T fixed wireless delivers about 85/50 Mbps, and Nextlink and Starlink are also available.

WILDLIFE:
The mix of pasture and brush cover supports whitetail deer, Rio Grande turkey, feral hogs, and dove, and the stock tank helps draw game.

LOCATION:
Approximately 10 minutes from Lampasas, 20 minutes from Burnet, 25 minutes from Copperas Cove, 40 minutes from Killeen, 45 minutes from Marble Falls, 1 hour from Georgetown and Temple, 1 hour 15 minutes from Austin, 1 hour 20 minutes from Waco, 2 hours from San Antonio, and 2 hours 45 minutes from Dallas.

THE NEIGHBORHOOD

Explore the location.

5650 County Road 101 None, Lampasas, TX 76550

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2010
Full baths
3
Half baths
0
Garage spaces
2
Cooling
Central Air, Electric
Heating
Central, Electric, Fireplace(s)
Appliances
Disposal, Gas Cooktop, Ice Maker, Microwave, Oven, RNGHD, Refrigerator, Washer/Dryer
Flooring
Concrete
Fencing
Barbed Wire, Front Yard, Perimeter
Accessibility
Accessible Closets, Accessible Full Bath, Accessible Hallway(s), Visitable
Pool features
None
Subdivision
James Leonard Surv Abs #526
Parcel
101766
Elementary school
Kline Whitis
Middle school
Lampasas
High school
Lampasas

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Rental potential, ownership costs and property management

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—
Estimated monthly rent$3,541.46
Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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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 & interest—Loan 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

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  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
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Listing information

MLS #ACT1008223 · Austin Board of Realtors

Listing brokerage: Keller Williams Realty
Listing agent: Joshua Smith

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.