— 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
Facts & Features
Exterior & Lot
- Agricultural
- Road Maintenance Agreement
- Trees-Heavy
- Partial
- Lot Size
- 47.47 Acres
- 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.
- ActiveListed 2026Current 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.
- Current list
- $529,000
- Original list
- $529,000
- Price movement
- No verified reduction
- Listed / DOM
- Aug 27, 2026 · 70 days
Zoned Schools
Lampasas ISD
Lampasas
Lampasas
Kline Whitis
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 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 details
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.
Request Private Market AnalysisConnect Lot 2A Private Road 1240 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














