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Under Contract

$949,999

16588 Us Highway 281 Highway, Lampasas, TX 76550

William Jones

Bedrooms5
Bathrooms3
Sq Ft3,200
Acres20.88
Year Built2022

About This Property

OVER A $350K PRICE REDUCTION! Spectacular opportunity to capitalize on a property which provides an established built-in 12 Pad RV Development, 3 Income Producing Cabins, income producing Garden, (2) Single Family homes, and you still have +/- 15 acres left for further expansion, farming, subdividing, etc! This stunning property is strategically located with +/- 1700 feet of frontage on N US Hwy 281 and +/- 600 feet of frontage on E FM 581. Current TxDot traffic study indicates +/- 5,000 daily cars pass this site. With the already in process, major Highway 281 expansion from Evant to Lampasas, this property benefits from even more future daily traffic volume and visibility! Many tremendous uses are provided including a Mini Farm, Multi Gen Living, Livestock Auctuion Barn, Convenience Store/Truck Stop, Restaurant, RV Park and Cabin expansions, Short Term Rentals, Air BnB, and the list keeps going! The two stunning Single Family Properties on this property include a Historical Home built in +/- 1870. This master piece has been tastefully restored in many ways and is located along Highway 281. This beautiful home was hand crafted with 24" thick stone walls and displays absolutely stunning beam and wood work! Featuring +/- 1500 square feet, 2 bedrooms/1 bathroom, plus expansive decking and balcony space. It also includes a large underground cellar/storm shelter! The newer 2022 year built, Barndo features luxurious finishes! 2-story ceilings, extensive recessed lighting, wood cabinetry, granite countertops and a show stopper of a screened Patio overlooking a huge Oak Tree Grove. Featuring +/- 1700 square feet, 3 beds, 2 baths, large living/kitchen/dining and a large laundry room. The RV Development is equipped with 12 Large Pad Sites, with full utility hook ups. Additionally, a communal building provides multiple washer/dryers plus 2 additional bathrooms. Don't forget about the 3 Income Producing Cabins featuring bathrooms, kitchens and sleeping spaces!

Property Details

Property TypeSingle Family
MLS #6806545
Days on Market12
Lot Size20.88 acres
Listed5/20/2026
Last Updated5/20/2026

Location

County
Lampasas
School District
Lampasas ISD
MLS Area
LP

Size

Lot Description
See Remarks, Agricultural, Farm, Gentle Sloping, Public Maintained Road, Trees-Large (Over 40 Ft), Views
Horses Allowed
Yes
$/Acre
$45,498

Improvements

Garage Spaces
2
Fence
Barbed Wire, Wire
Exterior Features
Garden, No Exterior Steps, RV Hookup
Heating
Central
Cooling
Central Air
Appliances
Built-In Electric Range, Disposal, Free-Standing Range, Refrigerator, Stainless Steel Appliance(s)
Flooring
Concrete, Wood
Fireplaces
See Remarks
Fireplace Count
2
Construction Materials
Masonry – Partial, Metal Siding, Wood Siding
Foundation
Slab
Roof
Metal
Patio / Porch
Covered, Front Porch, Screened
View
Hill Country, Panoramic, Pasture, Trees/Woods
Community Features
Kitchen Facilities, Laundry Room, Underground Utilities, Trail(s)
Covered Spaces
2
Parking Features
See Remarks, Additional Parking, Circular Driveway, Detached Carport, Driveway, Gravel, Oversized, RV Access/Parking

Location

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Listing provided by Patrick Renfrew · Renfrew Real Estate LLC · (512) 775-7921

The 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$949,999