1 bed, 1 bath, 1,200 sqft on 20.00 acres in Lampasas. Lampasas, TX 76550. $475,000. BurnetCONSISD.
About This Home
20-Acre Estate & Barndominium Package in Burnet County, Texas
Legacy Oaks Lot 5 is one of the most usable tracts in the development, with a 1,200 sq. ft. barndominium shell already in place, attached covered parking, and a granite road leading right up to the building. Use it now as a shop, equipment barn, weekend basecamp or finish it out into a Hill Country home. The contractor who built the shell is available to complete the finish-out and a cost estimate can be provided to serious buyers.
The land has the kind of character buyers come to Burnet County for: mature oak hardwoods, mixed native vegetation, privacy, wildlife and room to spread out. Legacy Oaks offers AG-exempt ranch tracts with electric available to each property, light restrictions, no HOA and a location under an hour from Austin, with Burnet, Lampasas, the Highland Lakes and the Colorado River all within easy reach.
Water is another major advantage in this area. The lot directly beside Lot 5 recently drilled a well that yielded at 80 GPM, giving buyers helpful nearby well data before they drill. A local well driller is available and PEC electric is already at the front of the property.
This is not just raw land. Lot 5 gives you a head start: road, shell, covered parking, utilities nearby, strong neighboring well results and a beautiful oak-covered setting ready for the next owner's vision.
Lender & Financing: Our local lender is ready with a comprehensive package deal. They can finance the land, the barndominium, the well and any other improvements with 20% down.
- Property Type
- Farm
- Year Built
- 2026
- Lot Size
- 20.00 acres
- Price / Sq Ft
- $396
Listing information last updated July 20, 2026.
Listed by Bumpus Real Estate
MLS# 1777362 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Concrete
Exterior & Lot
- Metal Siding
- Agricultural
- Trees-Heavy
- Slab
- Front Porch
- Roof
- Metal
- Lot Size
- 20.00 Acres
Financial
- Original List Price
- $495,000
- Price per Sq Ft
- $396
Utilities
- Electricity Available
- Water Source
- Well
- Sewer
- Septic Needed
Transaction History
1 record on file
Every recorded listing, sale, and lease at 735 CR 206, whoever represented it.
- ActiveListed 2026Current price: $475,000Original list: $495,000MLS 1777362
- Listed · July 10, 2026$495,000
- Price changed · July 20, 2026$475,000
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
- $475,000
- Original list
- $495,000
- Price movement
- $20K reduction
- Listed / DOM
- Jul 10, 2026 · 98 days
Zoned Schools
BurnetCONSISD
Burnet
Burnet
RJ Richey
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($95K)
Adjustable assumption - not a lending recommendation.
$475,000
Luxury property intelligence
Keenan Market Position
A sourced read on Lampasas pricing, timing, and property scale. No automated valuation claim.
List price
$475,000
Price per sqft
$396/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
98 days
Original to current
$20K reduction
$495K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
Request Private Market AnalysisConnect 735 Cr 206 to the Austin Market
76550 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume















