16588 N US Highway 281 Lampasas, TX $ 1,499,999
16588 N US Highway 281
$ 1,499,999
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16588 N US Highway 281

Lampasas, TX, 76550
$ 1,499,999
Bedrooms3 Baths2.0 Sq 2,000

Monthly Estimate*

$ 9,236

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Farms/Ranches for sale in Lampasas, TX

for $1,499,999 with 3 bedrooms and 2 full baths. This 2,000 square foot property was built in 2022 on a lot size of 20.89.

DO NOT WAIT! 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! This stunning property is strategically located with +/- 1700 feet of frontage on N US Hwy 281 and +/- 600 feet of frontage on E FM 581. 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, 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, Barndominium 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 generously sized bedrooms, 2 full bathrooms, large living/kitchen/dining area plus a separate spacious 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!

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Farms/Ranches Active

Price

$ 1,499,999

Bedrooms

3

Full Bath

2

Property Type

Farms/Ranches

Taxes

$ 0

Style

Lot Size

20.89

Year Built

2022

Town/City

Lampasas

County/Region

Lampasas

MLS | Web ID

605183

List By
Patrick Renfrew

Listing Agent

Renfrew Real Estate, Llc

Broker

Patrick@renfrewrealestatetx.com

Email

Affordability Calculator

$9,236
Per Month
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0%
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Monthly Principal & Interest
$9,236
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360733 Elementary School
0 Middle School
Lampasas High School High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2026$1,499,999 Listed Price

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16588 N US Highway 281, Lampasas, TX, 76550 is a Farms/Ranches for sale at $1,499,999 with 2,000 sqft and a lot size of 20.89. 16588 N US Highway 281 has 3 bedrooms, 2.0 baths, and was built in 2022. The property's zip code is 76550 which is in Lampasas, TX