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Land for Sale in Lampasas, Texas

Private Rd 1240, Lampasas, TX 76550

$529,000
47.5 acres
Active sale
ago
Est $3,613/mo

An exceptional opportunity to own 47.47+/- acres at approximately $11,144 per acre-an increasingly hard-to-find value in today's Texas Hill Country land market. Located just west of Lampasas off FM 580 within the gated Double Ott Ranch community, this property offers an ideal combination of usable land, natural beauty, available utilities, and convenient access to town. Mature hardwoods, scenic Hill Country views, a pond, and abundant wildlife create an attractive setting for a custom home, weekend retreat, hunting property, or small ranch. The property is currently Ag exempt, horses are permitted, and hunting is allowed in accordance with applicable regulations. A waterline and electricity are available at the property frontage, providing a significant advantage for future improvements. Light deed restrictions offer flexibility while helping maintain the character of the ranch, with private road maintenance of approximately $5 per acre annually. Enjoy the privacy and freedom of nearly 50 acres while remaining close to Lampasas, Fiesta Winery, Stoneledge Winery, and Colorado Bend State Park. With quality Hill Country acreage becoming increasingly difficult to find at this price per acre, this tract offers an appealing opportunity for buyers looking for land to build, recreate, hunt, or hold as a long-term investment.

Location

Street address
Private Rd 1240, Lot 2A
Zip code
76550
School district
Lampasas ISD
Elevation
1,478 feet
Coordinates
31.0961, -98.3389

Directions

From Lampasas and Key Ave, take left onto W North Ave. Drive .7miles then take right on Nix Rd and travel 9 mile. Take left onto CR 1240 and drive to gate entrance.

Property details

Acreage
47.47 acres
Zoning
R
MLS #
SMABOR 623829
Posted

Property taxes

2026
$56

Expenses

Homeowner Association Fee
$238 annually

Parcels

  • 156328

Legal description

Details and features

Listing

Type
Land

Lot

Vegetation
Wooded
Features
Acreage, Horse Property, Mature Trees, Outside City Limits, Ranch

Structure

Water
Private

Listing history

DateEventPriceChangeSource
Aug 27, 2026New listing$529,000SMABOR
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This 47.47-acre property is located at Private Rd 1240 Lot 2A in Lampasas, TX 76550. The land is available for sale, priced at $529,000 — $11,144 per acre.

Listed by Shipley Ranches, (325) 998-4548

Checked 1 hour agoUpdated Source

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