— bed, — bath on 48.98 acres in Lampasas. Lampasas, TX 76550. $990,000. Lampasas ISD.
About This Home
Bring your big dreams to this unrestricted 49 acre property located less than an hour from downtown Austin. Situated on US Highway 183 with approximately 249 feet of highway frontage, this property offers excellent visibility and accessibility. With no deed restrictions, no flood zone, and an agricultural exemption currently in place, the possibilities are wide open. Whether you're considering residential use, a business venture, or a long-term investment, this versatile tract offers incredible potential in a rapidly growing area. There is a lock on the gate next door. Call agent for code.
Nearly 49 acres of open land on US Highway 183 in Lampasas with 249 feet of highway frontage and absolutely no deed restrictions. This is the rare opportunity where the land itself dictates your future, not zoning codes or homeowners associations.
The property rolls across Burnet County terrain with the kind of unobstructed views that remind you why people move to Texas in the first place. Highway 183 runs directly through, meaning visibility from the road is constant and access is straightforward. You're sitting on agricultural land with an existing exemption, which means lower property taxes while you decide what comes next. No floodplain designation. No development limitations. The sky doesn't negotiate.
This stretch of Highway 183 between Lampasas and Burnet moves quickly. You're less than an hour from downtown Austin, which places you in that critical zone where rural land maintains actual value while remaining accessible to the capital city's job centers. Dell, Apple, Tesla, Oracle, and Domain offices are all within reasonable drive times. Austin-Bergstrom International Airport sits roughly 70 minutes south. The commute math works if you need it to work.
Lampasas ISD serves the property through Kline Whitis Elementary, Lampasas Middle School, and Lampasas High School. The community itself carries the kind of established Texas character you find in towns built on ranching and agriculture. Highway 183 connects directly to Ranch Road 2323 and local roads that lead into town where actual services exist.
What you do with 49 acres depends on your vision. A residential compound with proper setbacks. A business operation that benefits from highway visibility and unrestricted zoning. Long-term land banking as the greater Austin region continues expanding northward. Investment property that generates agricultural income while appreciating. The agricultural exemption means you can hold this profitably while circumstances change.
The infrastructure is already there. Highway access is immediate. Utilities follow major roadways. You're not carving civilization out of raw wilderness. You're claiming a significant parcel of developable, investable, livable land where the rules haven't been written yet because the land itself is the primary asset.
The numbers behind this insight
- Offered at
- $990,000
- Listed
- March 25, 2026
- Property Type
- Farm
- Lot Size
- 48.98 acres
Listing information last updated August 12, 2026.
Listed by First in Real Estate
MLS# 7765569 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Agricultural
- Lot Size
- 48.98 Acres
Financial
- Original List Price
- $990,000
Transaction History
1 record on file
Every recorded listing, sale, and lease at TBD HWY 183 TBD HWY 183, whoever represented it.
- ActiveListed 2026Current price: $990,000Original list: $990,000MLS 7765569
- Listed · March 25, 2026$990,000
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
- $990,000
- Original list
- $990,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 25, 2026 · 205 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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($198K)
Adjustable assumption - not a lending recommendation.
$990,000
Luxury property intelligence
Keenan Market Position
A sourced read on Lampasas pricing, timing, and property scale. No automated valuation claim.
List price
$990,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
205 days
Original to current
No verified reduction
$990K 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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