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Keenan Group#1 Austin Board of Realtors Team 2024

$3,165,000

3Beds
1Baths
1,032Sq Ft
267.34 acresLot

#866 CR 2806 Unit #866, Lampasas, TX 76550

Reduced 5%$3,342,000
Lampasas·MLS# 4159266·Built 1940·632 days on market

3 bed, 1 bath, 1,032 sqft on 267.34 acres in Lampasas. Lampasas, TX 76550. $3,165,000. Lampasas ISD.

About This Home

Conveniently located approx 14 miles North of Lampasas. Approx 1.3 miles off Hwy 281. Mostly a cattle grazing, hunting and recreational ranch. Float the creek in optimum weather periods or get your fly rod out at the deep holes and cast away. Drive through the gate on top of the plateau with expansive hill country views. There is a gradual drop of 120’ in elevation down to Simms Creek, the beautiful rock bottom creek is the main attraction. Water runs clear most of the time and you can see the bottom and fish swimming by. There are also three stock ponds, one known to have been previously fished. Lampasas County is known for great hunting and diverse wildlife, and Simms Creek 267 has it all. The property provides good habitat for whitetail deer, turkey, dove, ducks, feral hogs, and varmints. A good mix of heavy to moderate tree cover, forbs, and browse help attract wildlife to the ranch. The approx 1,032 sq ft updated 1940s ranch house includes three bedrooms, one bath, kitchen, enclosed sun porch, separate dining room and living area. With central air/heat for year round comfort. The natural hardwood floors have been carefully restored to bring back some of the original charm. There is a covered front porch with plenty of room for grilling or just sitting outside during a spring rain shower or enjoying the beautiful sunsets. The barn is perfect for storing your tractor, UTVs and ATVs. There is an old hay barn/horse stall. The ranch is blessed with ample water supplied by a 60 gpm private well.

Property Type
Farm
Year Built
1940
Lot Size
267.34 acres
Price / Sq Ft
$3,067
Garage
2 spaces

Listing information last updated November 11, 2026.

Listed by Texas Ranch Brokers LLC

MLS# 4159266 • Active

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

Highlights

2-car garage with additional parking capacity
Generous 267.34-acre lot
Ceiling Fan(s)
Built-In Electric Range
Refrigerator
Washer

Facts & Features

Interior

Features

  • Ceiling Fan(s)

Appliances

  • Built-In Electric Range
  • Refrigerator
  • Washer
  • Dryer
  • Electric Water Heater

Flooring

  • Wood
Heating
Central,Electric,Wood Stove
Cooling
Ceiling Fan(s),Central Air,Electric
Fireplaces
1
Exterior & Lot

Construction

  • Frame
  • Hardi
  • Plank Type

Lot Features

  • Agricultural
  • Gentle Sloping
  • Trees-Large (Over 40 Ft)
  • Views

Fencing

  • Barbed Wire
  • Cross Fenced
  • Fenced
  • Front Yard
  • Livestock
  • Perimeter

Foundation

  • Pillar
  • Post
  • Pier

Patio / Porch

  • Covered
Roof
Metal
Lot Size
267.34 Acres
Garage Spaces
2

Waterfront

  • Creek
  • Pond
Financial
Original List Price
$3,342,000
Price per Sq Ft
$3,067
Utilities
  • Electricity Connected
Water Source
Well
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at #866 CR 2806 Unit #866, whoever represented it.

  1. ActiveListed 2025
    Current price: $3,165,000Original list: $3,342,000MLS 4159266

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
$3,165,000
Original list
$3,342,000
Price movement
$177K reduction
Listed / DOM
Feb 20, 2025 · 632 days

Virtual Tour

Virtual tour of #866 CR 2806 Unit #866
Map showing #866 CR 2806 Unit #866
#866 CR 2806 Unit #866
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
$17,033

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

Illustrative down payment

20% ($633K)

Adjustable assumption - not a lending recommendation.

Home price

$3,165,000

Loan: $2.5M

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-11-12
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Luxury property intelligence

Keenan Market Position

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

List price

$3,165,000

Price per sqft

$3,067/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

632 days

Original to current

$177K reduction

$3.3M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 11, 2026.

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Verified property facts

Frequently Asked Questions

How much is #866 CR 2806 Unit #866?

#866 CR 2806 Unit #866 is listed at $3,165,000 with 3 bedrooms, 1 full bathrooms, 1,032 square feet, 267.34-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 Nov 13, 2026).

What school district is #866 CR 2806 Unit #866 in?

#866 CR 2806 Unit #866 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 details for #866 CR 2806 Unit #866?

#866 CR 2806 Unit #866 is a Farm built in 1940 featuring 3 bedrooms, 1 full bathrooms, 1,032 square feet, 267.34-acre lot.

How should a buyer estimate the monthly payment for #866 CR 2806 Unit #866?

This page does not assume a mortgage rate or publish a monthly payment for #866 CR 2806 Unit #866. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does #866 CR 2806 Unit #866 compare with other homes in Lampasas?

As of Nov 11, 2026, #866 CR 2806 Unit #866 is offered at $3,165,000. The current MLS snapshot shows 56 active listings in 76550.

When was #866 CR 2806 Unit #866 built?

#866 CR 2806 Unit #866 was built in 1940 (86 years ago). Buyers should budget for potential updates to major systems.

What is the water access at #866 CR 2806 Unit #866?

The MLS listing marks #866 CR 2806 Unit #866 as waterfront. The reported waterfront feature is Creek, 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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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 11/11/2026, 3:59:17 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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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: 11/11/2026, 3:59:17 PM

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