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Improved Land for Sale in Lampasas, Texas

County Road 1320, Lampasas, TX 76550

$1,131,025
68.9 acres
Active
Est $5,723/mo

68+- AG-EXEMPT & UNRESTRICTED ACRES | DEVELOPMENT & INVESTMENT OPPORTUNITY Discover 68+- ag-exempt, unrestricted acres ideally located between Lampasas and Lometa, offering exceptional flexibility for development, investment, or a private ranch estate. The seller will consider subdividing, making this a rare opportunity for buyers seeking multiple tracts, future resale potential, or a thoughtfully planned development. This diverse property features Donaldson Creek crossing through the land, creating a scenic wildlife corridor surrounded by mature oak and hardwood trees. Excellent pastureland supports agricultural use, grazing, and recreational enjoyment, including ideal hunting opportunities. A significant value-add is the Corix water supply, enhancing both build potential and long-term investment appeal. The elevated southern portion of the property offers panoramic Hill Country views, providing an ideal setting for a custom home, family compound, or multiple homesites. With no restrictions, ag exemption in place, water availability, and a highly desirable location, this property is well-suited for residential development, land investment, recreational use, or a legacy ranch. Convenient access to nearby towns offers privacy without sacrificing connectivity. Whether you envision a private estate, subdivided homesites, or a strategic land investment, this property delivers versatility, natural beauty, and long-term value. Contact agent for details on subdivision possibilities and development options.

2,750
Sq feet

Location

Street address
County Road 1320
Community
.85 Acres
School district
Lampasas ISD
Elevation
1,430 feet
Coordinates
31.1275, -98.3277

Directions

From Lampasas, head North on US 183 for 8 miles. Take left on CR 1301. Approximately one mile take right on CR 1320. Travel 1/2 mile. Property will be on the left. Sign on the property.

Property details

Acreage
68.85 acres
MLS #
ABOR 2002235
Posted

Property taxes

2024
$2,172 - ACR: 68.85 ABST: 0406 921 1583 SURV: ISAAC HUNTER J EDISON SURV: LAWRENCE A TYLER

Parcels

  • 2040602000000

Legal description

Details and features

Listing

Type
Farm
Franchise
Independent

Lot

Waterfront
Creek
Features
Gentle Sloping, Large ( Over 40 Ft) Trees, Moderate Trees, Native Plants, Public Maintained Road, Views

Structure

Sewer
Septic Needed

Property utilities

CategoryTypeStatusDescription
WaterPublicAvailable

Nearby schools

NameLevelDistrictDescription
Hanna SpringsElementaryLampasas ISD
LampasasMiddleLampasas ISD
LampasasHighLampasas ISD

Listing history

DateEventPriceChangeSource
Jan 7, 2026Price drop$1,131,025$5,000 -0.4%ABOR
Dec 17, 2024New listing$1,136,025ABOR
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This 68.85-acre property is located at County Road 1320 in Lampasas, TX 76550. The property is available for sale for $1,131,025. It has a 2,750 sq ft structure.

Checked 7 hours ago — Updated

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