247 E Fm 581 Highway, Lometa, TX 76853 (MLS # 8349622)
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Offered at $980,000, this is an opportunity to own an 86 acre property with incredible views, highway frontage and investment potential in one of the Hill Country's most sought-after regions. Location: Located just minutes from Lometa, this 86-acre Hill Country ranch offers sweeping long-range views, approximately 1700 feet of Highway 581 frontage, and exceptional versatility for cattle, recreation, or investment. A seasonal creek winds through the property, enhancing its natural character and appeal. The ranch is easily accessible from both Highway 581 and County Road 2745"”just 9 minutes from Lometa and roughly 1 hour and 30 minutes from Austin. With electricity on-site and a water line along Highway 581, this property is well-positioned for future development, a premier homestead, or continued agricultural use. History: This parcel was once part of the historic Wagon Wheel Ranch "” a notable operation recognized for its high-quality horse breeding and cattle program throughout much of the 20th century. The land reflects the authentic ranching heritage that defines this region, offering a rare opportunity to own a piece of Hill Country history with investment potential. Land: Situated in the heart of Lampasas County, this 86-acre ranch offers a blend of usability, scenic beauty, and investment potential. The land is primarily flat with gentle rolling terrain, providing exceptional grazing opportunities for cattle or other livestock. A wet-weather creek meanders through the property, adding natural character and seasonal water features that enhance both ranching and recreational appeal. Electricity is on-site, and a community water line runs along FM 581"”making this ranch well-suited for development, continued agricultural use, or long-term investment. Property is currently under Agriculture exemption.
| LAST UPDATED | 11/10/2025 | TRACT | None |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | None |
| COUNTY | Lampasas | STATUS | Active |
| PROPERTY TYPE(S) | Farms/Ranch |
| Elementary School | Lometa |
|---|---|
| Jr. High School | Lometa |
| High School | Lometa |
| ADDITIONAL DETAILS | |
| AREA | LP |
|---|---|
| LOT | 86 acre(s) |
| LOT DESCRIPTION | Agricultural, Gentle Sloping, See Remarks, Views |
| SUBDIVISION | None |
| TAXES | 266.95 |
| UTILITIES | Electricity Available, Water Available |
| WATERFRONT DESCRIPTION | Creek |
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Property listed by Tyler Helbing, Allen Cowden, Broker
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 11/16/25 9:45 AM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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