— bed, — bath on 10.74 acres in Lampasas. Lampasas, TX 76550. $159,000. Lampasas ISD.
About This Home
lot 58 (122 Reserve Way)- Homestead Hills Subdivision| Lampasas
Welcome to your private piece of the Texas Hill Country! Tucked away at the end of a quiet cul-de-sac, this premium 10.74-acre estate in the highly desirable, gated Homestead Hills subdivision offers the perfect blend of luxury, privacy, and rugged natural beauty. The property boasts a gently sloping topography characterized by dense pockets of mature cedar trees, creating natural privacy screens and a serene, park-like atmosphere. Ascend to the elevated, cleared custom build site where you can design your dream home to capture panoramic, unobstructed long-range views of the surrounding valleys. Whether you want to build a luxury custom estate, establish a small multi-species hobby ranch, or simply enjoy the peace of country living, this property delivers. Benefit from the existing Ag-Exemption, keeping your holding costs and property taxes incredibly low. Located within the highly-rated Lampasas ISD, you get the best of rural tranquility without sacrificing excellent educational opportunities and community standards. Deed restrictions are in place to protect your investment and maintain the community's upscale aesthetic. Electricity is available at the road; private well and septic are required. Do not miss this rare opportunity to own a massive, double-digit acreage lot on a premium cul-de-sac street. Schedule your private tour today!
- Property Type
- Farm
- Lot Size
- 10.74 acres
- HOA
- $400/year
Listing information last updated July 9, 2026.
Listed by Texas Ranch Brokers LLC
MLS# 7150693 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Agricultural
- Barbed Wire
- Lot Size
- 10.74 Acres
Financial
- HOA Fee
- $400 / year
- Original List Price
- $159,000
Utilities
- Sewer
- Septic Needed
Transaction History
1 record on file
Every recorded listing, sale, and lease at 122 Reserve WAY, whoever represented it.
- ActiveListed 2026Current price: $159,000Original list: $159,000MLS 7150693
- Listed · June 28, 2026$159,000
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.
- Current list
- $159,000
- Original list
- $159,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 28, 2026 · 109 days
Zoned Schools
Lampasas ISD
Lampasas
Lampasas
Kline Whitis
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.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T14:07:01.109+00:00; normalized from annual dues.
20% ($32K)
Adjustable assumption - not a lending recommendation.
$159,000
Luxury property intelligence
Keenan Market Position
A sourced read on Lampasas pricing, timing, and property scale. No automated valuation claim.
List price
$159,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
109 days
Original to current
No verified reduction
$159K 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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