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Keenan Group#1 Austin Board of Realtors Team 2024

$1,900,000

2Beds
2Baths
938Sq Ft
56.45 acresLot

1081 County Road 1320, Lampasas, TX 76550

Lampasas·MLS# 4477055·Built 2008·143 days on market

2 bed, 2 bath, 938 sqft on 56.45 acres in Lampasas. Lampasas, TX 76550. $1,900,000. Lampasas ISD.

About This Home

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
Price / Sq Ft
$2,026

Listing information last updated May 28, 2026.

Listed by Shipley Ranches

MLS# 4477055 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 56.45-acre lot
Ceiling Fan(s)
Beamed Ceilings
Granite Counters
Eat-in Kitchen
Natural Woodwork

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Beamed Ceilings
  • Granite Counters
  • Eat-in Kitchen
  • Natural Woodwork

Appliances

  • Free-Standing Gas Range
  • Stainless Steel Appliance(s)
  • Electric Water Heater

Flooring

  • Wood
Heating
Central
Cooling
Ceiling Fan(s),Central Air,Electric
Exterior & Lot

Features

  • Barbecue
  • Private Yard
  • RV Hookup

Construction

  • Masonry – All Sides

Lot Features

  • Agricultural
  • Landscaped
  • Rolling Slope
  • Many Trees

Fencing

  • Barbed Wire
  • Cross Fenced
  • Gate
  • Livestock

Foundation

  • Slab

Patio / Porch

  • Covered
  • Front Porch
Roof
Metal
Lot Size
56.45 Acres

Parking

  • Detached Carport
  • Oversized
  • Parking Lot
  • RV Carport

Waterfront

  • Pond
Financial
Original List Price
$1,900,000
Price per Sq Ft
$2,026
Utilities
  • Electricity Connected
  • Propane
Water Source
Private,Well
Sewer
Aerobic Septic

Transaction History

1 record on file

Every recorded listing, sale, and lease at 1081 County Road 1320, whoever represented it.

  1. ActiveListed 2026
    Current price: $1,900,000Original list: $1,900,000MLS 4477055
    1. Listed · May 26, 2026$1,900,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$1,900,000
Original list
$1,900,000
Price movement
No verified reduction
Listed / DOM
May 26, 2026 · 143 days

Virtual Tour

Virtual tour of 1081 County Road 1320
Map showing 1081 County Road 1320
1081 County Road 1320
Directions

Zoned Schools

Lampasas ISD

1 High School1 Middle School1 Elementary School

Lampasas

High SchoolGrades 9-12Zoned assignment

Lampasas

Middle SchoolGrades 6-8Zoned assignment

Kline Whitis

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$10,524

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($380K)

Adjustable assumption - not a lending recommendation.

$1,900,000

Loan: $1.5M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Lampasas pricing, timing, and property scale. No automated valuation claim.

List price

$1,900,000

Price per sqft

$2,026/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

143 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 Oct 15, 2026.

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Verified property facts

Frequently Asked Questions

How much is 1081 County Road 1320?

1081 County Road 1320 is listed at $1,900,000 with 2 bedrooms, 2 full bathrooms, 938 square feet, 56.45-acre lot. This places it above the ZIP 76550 single-family closed-sale median price of $328,400 (ZIP 76550 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 1081 County Road 1320 in?

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.

What are the property details for 1081 County Road 1320?

1081 County Road 1320 is a Farm built in 2008 featuring 2 bedrooms, 2 full bathrooms, 938 square feet, 56.45-acre lot.

What are the property taxes for 1081 County Road 1320?

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.

How should a buyer estimate the monthly payment for 1081 County Road 1320?

This page does not assume a mortgage rate or publish a monthly payment for 1081 County Road 1320. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 1081 County Road 1320 compare with other homes in Lampasas?

As of Oct 15, 2026, 1081 County Road 1320 is offered at $1,900,000. The current MLS snapshot shows 52 active listings in 76550.

What is the water access at 1081 County Road 1320?

The MLS listing marks 1081 County Road 1320 as waterfront. The reported waterfront feature is Pond. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Lampasas

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25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 4:07:18 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 4:07:18 PM

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