388 cr 3500, Lampasas, TX 76550

• 4 beds |
• 4 baths

Property Description

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.

Listing Status:

Active

Listing Office:

Bear Real Estate Services : 512-556-9321

Listing Agent:

Audrey Bear :

MLS ID:

21099457

Interior

• General: Open Floorplan
• Appliances: Electric OvenElectric Water Heater
• Laundry: Laundry in Utility Room
• A/C: Central AirCeiling Fan(s)Electric
• Heating: CentralElectric
• Fireplace: Wood BurningFireplaceFireplaces: 1

Exterior

• Style: CraftsmanFarmhouse
• Pool: None
• Parking: Additional Parking

Construction

• Roofing: CompositionMetalShingle
• General: Aluminum SidingBrickSee RemarksVinyl Siding1

Location

• Originating MLS: NTR
• School District: Lampasas ISD
• County: Lampasas

Lot

• Zoning: 7766
• Fencing: Cross FencedFullPerimeter

Utilities

• Utilities: Electricity AvailableWater Available
• Water: Well

Financial

• Source: NTR

This listing courtesy of Audrey Bear, Bear Real Estate Services