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Land with Home for Sale in Lampasas, Texas

16588 N US Highway 281, Lampasas, TX 76550

$1,499,999
20.9 acres
Active
ago
Est $7,352/mo

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!

2,000
Sq feet
3
Beds
2
Full baths
2022
Built

Location

Street address
16588 N US Highway 281
School district
Lampasas ISD
Elevation
1,048 feet
Coordinates
31.2968, -98.1675

Directions

From Lampasas, North on US Highway 281. When you get to Adamsville, Property on Right or can turn right on E FM 581 (Blinking Light) and property will be on your right. Can be accessed from N US Hwy 281 and also E FM 581

Property details

Acreage
20.89 acres
MLS #
SMABOR 605183
Posted

Property taxes

2025
$34

Parcels

  • 11164
  • 11165

Legal description

Details and features

Listing

Type
Farm
Subtype
Single Family Residence

Lot

Vegetation
Wooded
Features
Acreage, Views

Exterior

Parking
Carport
Fencing
Perimeter
Pool
Patio, Porch
Structures
Shed(s)
Features
Covered Patio, Enclosed Porch, Rain Gutters

Structure

Stories
1
Water
Private, Public, Well
Sewer
Public Sewer, Septic Tank
Heating
Central
Cooling
Central Air
Materials
Masonry, Steel
Roof
Metal

Interior

Room Count
2
Rooms
Bathroom x 2, Bedroom x 3
Flooring
Concrete, Paintedstained
Appliances
Dishwasher, Disposal, Electric Range, Some Electric Appliances, Vented Exhaust Fan
Features
Breakfast Area, Ceiling Fans, Granite Counters, High Ceilings, Kitchen Family Room Combo, Pantry, Recessed Lighting, Solid Surface Counters, Walk In Closets

Nearby schools

NameTypeDistrict
Hanna SpringsElementaryLampasas ISD
Lampasas Middle SchoolMiddleLampasas ISD
Lampasas High SchoolHighLampasas ISD

Listing history

DateEventPriceChangeSource
Feb 21, 2026New listing$1,499,999SMABOR
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This 20.89-acre property is located at 16588 N US Highway 281 in Lampasas, TX 76550. The property is available for sale for $1,499,999. It has a 2,000 sq ft 3 bedroom, 2 bath house built in 2022.

Checked 2 hours ago — Updated

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