Skip to content
Keenan Group#1 Austin Board of Realtors Team 2024
198 Cherry Laurel LN, photo 1 of 36, Lampasas, Lampasas, TX
Active

$132,000

6.62 acresLot

198 Cherry Laurel Ln, Lampasas, TX 76550

Reduced 9%$145,640
Lampasas·MLS# 5969647·231 days on market

— bed, — bath on 6.62 acres in Lampasas. Lampasas, TX 76550. $132,000. Lampasas ISD.

About This Home

Imagine waking up to wide-open Texas skies, peaceful Hill Country views & the freedom to create a home designed around the way you want to live. This beautiful 6.62-acre property in Lampasas offers room to spread out, enjoy the outdoors & embrace a quieter pace of life—all while providing an exciting opportunity to bring your dream home to life.

A scenic stock pond adds character to the land, while gated access & paved community roads offer convenience without taking away from the country setting. Whether your vision includes horses, livestock, a garden, workshop, guest casita or simply more privacy, this property provides the space to imagine the possibilities. The grazing association currently maintains an agricultural exemption, helping support a lower property-tax burden while preserving the rural lifestyle buyers are seeking.

Looking for help turning your ideas into reality? Sitterle Homes’ Build on Your Lot program offers a semi-custom & custom building experience, from existing luxury floor plans to a home created from architect-drawn plans, subject to site feasibility, engineering & builder approval. Envision a timeless Hill Country home, modern farmhouse, barndo, cabin, contemporary retreat or another design that feels uniquely yours.

Electricity is available at the street, & Sitterle can assist buyers in evaluating the property, infrastructure needs and potential building options. Builder renderings & pricing examples are available to help make the possibilities easier to visualize.

Opportunities like this are about more than purchasing land—they are about creating a lifestyle. Bring your animals, build the home you have always imagined and enjoy the privacy, space & natural beauty of country living. Don’t miss your chance to envision what life could look like at 198 Cherry Laurel Trail.

Buyer to independently verify AG-exemption status, taxes, restrictions, utilities, septic feasibility, building requirements & all development costs.

Property Type
Land
Lot Size
6.62 acres
HOA
$912/year

Listing information last updated September 8, 2026.

Listed by Magnolia Realty Round Rock

MLS# 5969647 • Active

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

Highlights

Generous 6.62-acre lot
Agricultural
Few Trees
Private Maintained Road
Trees-Medium (20 Ft - 40 Ft)
Trees-Sparse

Facts & Features

Exterior & Lot

Lot Features

  • Agricultural
  • Few Trees
  • Level
  • Private Maintained Road
  • Trees-Medium (20 Ft - 40 Ft)
  • Trees-Sparse
  • Views
Lot Size
6.62 Acres

Waterfront

  • Pond
Financial
HOA Fee
$912 / year
Original List Price
$145,640
Utilities
  • Above Ground
  • Electricity Available
  • High Speed Internet
Water Source
Well,See Remarks
Sewer
Septic Needed

Transaction History

1 record on file

Every recorded listing, sale, and lease at 198 Cherry Laurel LN, whoever represented it.

  1. ActiveListed 2026
    Current price: $132,000Original list: $145,640MLS 5969647
    1. Listed · March 19, 2026$145,640
    2. Price changed · September 8, 2026$132,000

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
$132,000
Original list
$145,640
Price movement
$13.6K reduction
Listed / DOM
Mar 19, 2026 · 231 days
Map showing 198 Cherry Laurel LN
198 Cherry Laurel LN
Directions

Zoned Schools

Lampasas ISD

1 High School1 Middle School1 Elementary School

Lampasas

High SchoolGrades 9-12Zoned assignment

Lampasas

Middle SchoolGrades 6-8Zoned assignment

Hanna Springs

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
$720
HOA dues
$76

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 2026-10-17T20:07:25.708+00:00; normalized from annual dues.

Illustrative down payment

20% ($26K)

Adjustable assumption - not a lending recommendation.

Home price

$132,000

Loan: $106K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-29
Get Pre-Qualified

Luxury property intelligence

Keenan Market Position

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

List price

$132,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

231 days

Original to current

$13.6K reduction

$145.6K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.

Request Private Market Analysis

Verified property facts

Frequently Asked Questions

What school district is 198 Cherry Laurel Ln in?

198 Cherry Laurel Ln is zoned for Lampasas ISD with assigned schools: Hanna Springs (elementary), Lampasas (middle), Lampasas (high). School assignments should be verified directly with the district.

What are the property taxes for 198 Cherry Laurel Ln?

The most recent annual property tax for 198 Cherry Laurel Ln is $7. 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 198 Cherry Laurel Ln?

This page does not assume a mortgage rate or publish a monthly payment for 198 Cherry Laurel Ln. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 198 Cherry Laurel Ln compare with other homes in Lampasas?

As of Oct 17, 2026, 198 Cherry Laurel Ln is offered at $132,000. The current MLS snapshot shows 53 active listings in 76550.

What is the water access at 198 Cherry Laurel Ln?

The MLS listing marks 198 Cherry Laurel Ln as waterfront. The reported waterfront feature is Pond. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

What is the community structure at 198 Cherry Laurel Ln?

The MLS listing reports HOA or association dues of $912 annual for 198 Cherry Laurel Ln. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

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

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

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 10/17/2026, 3:07:25 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.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution of MLS listing data is prohibited.

Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/17/2026, 3:07:25 PM

DMCA Notice · Privacy Policy · Terms