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Welcome to an extraordinary Bell House Ranch offering 56.45 beautifully manicured acres with an agricultural exemption already in place. Ideally located northwest of Lampasas and just minutes from Colorado Bend State Park, this one-of-a-kind property combines natural beauty, functionality, and endless opportunity. The land features rolling elevation changes with breathtaking long-range views, towering hardwood trees, and two impressive tanks, including one spring-fed tank that enhances the property's year-round appeal. Fully fenced and cross-fenced, the ranch is perfectly suited for livestock, horses, recreation, or a private family compound. A grand entrance welcomes you into the property, setting the tone for the quality and craftsmanship found throughout. The custom stone exterior home offers 2 bedrooms and showcases warm natural woodwork throughout. Outdoor entertaining is effortless with a covered gazebo, outdoor BBQ area, covered parking, and a custom wood-covered outdoor bathroom designed with rustic charm. Additional improvements make this property truly unique, including a separate two-story living quarters with 3 bedrooms, full bath, laundry area, storage space, and covered parking—ideal for guests, extended family, or rental opportunities. Equestrian enthusiasts will appreciate the tack room and fenced horse riding arena. A separate double-wide building with covered porch is currently utilized as a business office but could easily transition into additional living quarters, guest accommodations, or a short-term rental. The expansive covered structure built on concrete pillars currently houses lumber mill equipment and a working mill, offering incredible versatility for business, workshop, storage, or event space use. Whether you're searching for a private ranch retreat, multi-generational living setup, wedding venue, income-producing investment, or recreational getaway, the possibilities here are truly endless.
Property Type
Farm
Year Built
2008
Lot Size
56.45 acres
$/Sq Ft
$2,026
Garage
6 spaces
Listed by Shipley Ranches
Verified property facts
1081 County Road 1320 is listed at $1,900,000 with 2 bedrooms, 2 full bathrooms, 938 square feet, 56.45-acre lot.
1081 County Road 1320 is zoned for Lampasas ISD with assigned schools: Kline Whitis (elementary), Lampasas (middle), Lampasas (high). School assignments should be verified directly with the district.
1081 County Road 1320 is a Farm built in 2008 featuring 2 bedrooms, 2 full bathrooms, 938 square feet, 56.45-acre lot.
1081 County Road 1320 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1081 County Road 1320 is $3,844. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline with current price, original ask, and market time.

Lampasas ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($380K)
$1,900,000
Luxury property intelligence
A sourced read on EPHRAIM BROWN pricing, timing, and property scale. No automated valuation claim.
List price
$1,900,000
Price per sqft
$2,026/sqft
Vs. EPHRAIM BROWN median
Not available
Days on market
6 days
Original to current
No verified reduction
$1.9M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($380,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1081 County Road 1320 is around $10,179 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,900,000, 1081 County Road 1320 is in the EPHRAIM BROWN market where there are currently 41 active listings in 76550.
1081 County Road 1320 includes verified waterfront access: See Remarks,Pond. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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