735 CR 206
Lampasas, TX, 76550 $ 475,000
Bedrooms1 Baths1.0 Sq 1,200 Monthly Estimate*
$ 2,999
for $475,000 with 1 bedroom and 1 full bath. This 1,200 square foot property was built in 2026 on a lot size of 20.
20-Acre Estate & Barndominium Package in Burnet County, Texas Legacy Oaks Lot 5 is one of the most usable tracts in the development, with a 1,200 sq. ft. barndominium shell already in place, attached covered parking, and a granite road leading right up to the building. Use it now as a shop, equipment barn, weekend basecamp or finish it out into a Hill Country home. The contractor who built the shell is available to complete the finish-out and a cost estimate can be provided to serious buyers. The land has the kind of character buyers come to Burnet County for: mature oak hardwoods, mixed native vegetation, privacy, wildlife and room to spread out. Legacy Oaks offers AG-exempt ranch tracts with electric available to each property, light restrictions, no HOA and a location under an hour from Austin, with Burnet, Lampasas, the Highland Lakes and the Colorado River all within easy reach. Water is another major advantage in this area. The lot directly beside Lot 5 recently drilled a well that yielded at 80 GPM, giving buyers helpful nearby well data before they drill. A local well driller is available and PEC electric is already at the front of the property. This is not just raw land. Lot 5 gives you a head start: road, shell, covered parking, utilities nearby, strong neighboring well results and a beautiful oak-covered setting ready for the next owner's vision. Lender & Financing: Our local lender is ready with a comprehensive package deal. They can finance the land, the barndominium, the well and any other improvements with 20% down.
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FeaturesGeneralLiving Area 1200
Sewer Septic Needed
Heating None
Cooling None
Utilities Electricity Available
Roof Metal
Appliances None
Garage Spaces 0
Patio/Porch Features Front Porch
Construction Materials Metal Siding
Year Built 2026
View Hill Country Pasture
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
Community Features None
Accessibility None
County Burnet
New Construction N
Property Type Farm
Energy Efficient None
Subdivision Name none
Facing Direction East
Green Sustainability None
Other Structures See Remarks Barn(s) Workshop
Full Baths 1
Status Active
Directions From the community of Lake Victor take CR 206 1.1 mile to the property
High School Burnet
City Lampasas
Disclosures None
MLS Area BU
Lot Size Square Feet 871200
Elementary School RJ Richey
Middle/Junior High School Burnet (Burnet ISD)
Property Condition See Remarks
Builder Name Western River View Investments Inc
Standard Status Active
Year Built Source Owner
Tax Assessed Value 325000
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InteriorInterior Amenities None
Flooring Concrete
Total Fireplaces 0
Window Features Insulated Windows Vinyl Windows
Half Baths 0
Total Bedrooms 1
Main Level Bedrooms 1
Total Baths 1
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ExteriorExterior Amenities None
Fencing None
Parking Features None
Lot Features Agricultural Trees-Heavy
Water Source Well
Foundation Details Slab
Lot Size Acres 20
Road Surface Type Asphalt
Waterfront Y/N N
Covered Spaces 0
Horse Y/N N
Horse Amenities None
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,999
- Monthly Property Taxes
- $3
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyFarm listings in Lampasas, TX
Average List Price $2,179,247
Percent of Sale Price 359%
About Lampasas, TX 7,122 Population
5% Since 2002
$ 41,228 Median Income
37.65 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
5285981 Elementary School
5285980 Middle School
Burnet High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/20/2026 | $475,000 | -4.04% | Price Down |
| 7/10/2026 | $495,000 | | Listed Price |