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Lot 2A Private Road 1240, photo 1 of 6, Lampasas, Lampasas, TX
Active

$529,000

47.47 acresLot

Lot 2A Private Road 1240, Lampasas, TX 76550

Lampasas·MLS# 6788014·70 days on market

— bed, — bath on 47.47 acres in Lampasas. Lampasas, TX 76550. $529,000. Lampasas ISD.

About This Home

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.

Property Type
Farm
Lot Size
47.47 acres
HOA
$238/year

Listing information last updated August 27, 2026.

Listed by Shipley Ranches

MLS# 6788014 • Active

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

Highlights

Generous 47.47-acre lot
Agricultural
Road Maintenance Agreement
Trees-Heavy

Facts & Features

Exterior & Lot

Lot Features

  • Agricultural
  • Road Maintenance Agreement
  • Trees-Heavy

Fencing

  • Partial
Lot Size
47.47 Acres

Waterfront

  • Pond
Financial
HOA Fee
$238 / year
Original List Price
$529,000
Utilities
  • Electricity Available
  • Water Available

Transaction History

1 record on file

Every recorded listing, sale, and lease at Lot 2A Private Road 1240, whoever represented it.

  1. ActiveListed 2026
    Current price: $529,000Original list: $529,000MLS 6788014

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
$529,000
Original list
$529,000
Price movement
No verified reduction
Listed / DOM
Aug 27, 2026 · 70 days
Map showing Lot 2A Private Road 1240
Lot 2A Private Road 1240
Directions

Zoned Schools

Lampasas ISD

1 High School1 Middle School1 Elementary School

Lampasas

High SchoolGrades 9-12Zoned assignment

Lampasas

Middle SchoolGrades 6-8Zoned assignment

Kline Whitis

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
$2,884
HOA dues
$20

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 2026-10-16T11:07:17.169+00:00; normalized from annual dues.

Illustrative down payment

20% ($106K)

Adjustable assumption - not a lending recommendation.

Home price

$529,000

Loan: $423K

Loan details

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

$529,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

70 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 Oct 16, 2026.

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Verified property facts

Frequently Asked Questions

How much is Lot 2A Private Road 1240?

Lot 2A Private Road 1240 is listed at $529,000 with 0 bedrooms, 47.47-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 4, 2026).

What school district is Lot 2A Private Road 1240 in?

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.

What are the property taxes for Lot 2A Private Road 1240?

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.

How should a buyer estimate the monthly payment for Lot 2A Private Road 1240?

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.

How does Lot 2A Private Road 1240 compare with other homes in Lampasas?

As of Oct 16, 2026, Lot 2A Private Road 1240 is offered at $529,000. The current MLS snapshot shows 53 active listings in 76550.

What is the water access at Lot 2A Private Road 1240?

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.

What is the community structure at Lot 2A Private Road 1240?

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.

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 10/16/2026, 6:07:17 AM. 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: 10/16/2026, 6:07:17 AM

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