388 County Road 3500, Lampasas, TX 76550 (MLS # 8489501)
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Discover a truly unique opportunity to own two homes on 29.621 acres of serene, Ag-exempt countryside "” fully fenced and cross-fenced, perfect for ranch living, livestock, or multi-generational use. The main ranch-style home offers approximately 1,733 sq. ft. with 3 bedrooms and 3 full baths, featuring an open-concept floor plan, spacious living areas, and a covered patio ideal for outdoor entertaining. A private water well services this home, providing self-sufficiency and rural charm. The second residence, an impressive 5,054 sq. ft. metal-structure home, is partially finished and ready for your custom touches. With its open floor plan, double-sided fireplace, beautiful roll-up doors, and underground shipping container, this structure offers endless possibilities for completion as a luxury barndominium, workshop, or expansive family home. Electrical and plumbing rough-ins are already in place, streamlining the finishing process. Additional improvements include a 2,356 sq. ft. garage with a 1-bedroom, 1-bath apartment, perfect for guests, extended family, as well as a pole barn and an extra shop for equipment, vehicles, or storage. The property also features a wet-weather creek and seasonal ponds, adding natural beauty and character to the landscape. This property benefits from an Agricultural Exemption for lower property taxes, making it not only a beautiful investment but a smart one. Ideal for a buyer with vision and creativity"”someone looking to complete a one-of-a-kind estate in a peaceful rural setting. With multiple living spaces, abundant outbuildings, and vast open land, this is a rare opportunity to create your dream homestead, investment compound, or country retreat.
| LAST UPDATED | 10/30/2025 | TRACT | none |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | none |
| COUNTY | Lampasas | STATUS | Active |
| PROPERTY TYPE(S) | Farms/Ranch |
| Elementary School | Kline Whitis |
|---|---|
| Jr. High School | Lampasas |
| High School | Lampasas |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Range |
| AREA | LP |
| CONSTRUCTION | Aluminum Siding, Metal Siding |
| HEAT | Central |
| LOT | 29.601 acre(s) |
| LOT DESCRIPTION | See Remarks |
| PARKING | Additional Parking |
| STORIES | 1 |
| SUBDIVISION | none |
| TAXES | 5578.41 |
| UTILITIES | Electricity Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Pasture, Pond |
| WATER | Private, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Lacy Davidson, Bear Real Estate Services
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 11/16/25 9:48 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.
This IDX solution is (c) Diverse Solutions 2025.