
— bed, — bath on 47.47 acres in Double Ott Ranch. Lampasas, TX 76550. $529,000. Lampasas ISD.
An exceptional opportunity to own 47.47 acres at approximately $11,144 per acre, offering compelling value in today’s Texas Hill Country land market. Located just west of Lampasas off FM 580 in the gated Double Ott Ranch community, this tract combines usable acreage, existing infrastructure, and a desirable location at an increasingly hard-to-find price per acre. The property features mature hardwoods, scenic Hill Country views, a pond, and abundant wildlife, providing an attractive setting for a custom home, recreational retreat, hunting property, or small ranch. A current agricultural exemption helps keep carrying costs manageable, while horses are permitted and hunting is allowed in accordance with applicable regulations. Corix waterline and electricity are available at the property frontage, adding significant value and simplifying plans for future improvements. Light deed restrictions provide flexibility while helping preserve the character of the ranch, and annual private road maintenance is approximately $5 per acre. Enjoy the privacy and space of nearly 50 acres while remaining convenient to Lampasas and nearby Hill Country destinations including Fiesta Winery, Stoneledge Winery, and Colorado Bend State Park. With additional tracts ranging from approximately 21 to 150 acres, Double Ott Ranch presents a unique opportunity to secure quality Hill Country acreage at an attractive price per acre in today’s market.
Verified property facts
Lot 2A Private Road 1240 is zoned for Lampasas ISD with assigned schools: Kline Whitis (elementary), Lampasas (middle), Lampasas (high). School assignments should be verified directly with the district.
Lot 2A Private Road 1240 is listed by Shipley Ranches. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 26, 2026.
The most recent annual property tax for Lot 2A Private Road 1240 is $56. 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.
This page does not assume a mortgage rate or publish a monthly payment for Lot 2A Private Road 1240. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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1 record on file
Every recorded listing, sale, and lease at Lot 2A Private Road 1240, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Lampasas ISD
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.
20% ($106K)
Adjustable assumption - not a lending recommendation.
$529,000
Luxury property intelligence
A sourced read on Double Ott Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$529,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
30 days
Original to current
No verified reduction
$529K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 26, 2026.
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As of Sep 26, 2026, Lot 2A Private Road 1240 is offered at $529,000. The current MLS snapshot shows 41 active listings in 76550.
The MLS listing marks Lot 2A Private Road 1240 as waterfront. The reported waterfront feature is Pond. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $238 annual for Lot 2A Private Road 1240. 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.
Best Match
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Active listings near Lot 2A Private Road 1240
Recent sales for market context