Lampasas, TX 76550 (Lampasas County)
About this property
SIGNIFICANT PRICE INCENTIVE OFFERED FOR QUICK CASH CLOSING! Spectacular opportunity to capitalize on a property which provides an established built-in 12 Pad RV Development, 3 Income Producing Cabins, income producing Garden, (2) Single Family homes, and you still have +/- 15 acres left for further expansion! This stunning property is strategically located with +/- 1700 feet of frontage on N US Hwy 281 and +/- 600 feet of frontage on E FM 581. Current TxDot traffic study indicates +/- 5,000 daily cars pass this site. With the already in process, major Highway 281 expansion from Evant to Lampasas, this property benefits from even more future daily traffic volume and visibility! Many tremendous uses for this property from an ideal location of major Convenience Store/Truck Stop, Restaurant, RV Park and Cabin expansions, Multi Generational, Short Term Rentals, Air BnB, and the list keeps going! The two stunning Single Family Properties on this property include a Historical Home built in +/- 1870. This master piece has been tastefully restored in many ways and is located along Highway 281. This beautiful home was hand crafted with 20" thick stone walls and displays absolutely stunning beam and wood work! Featuring +/- 1500 square feet, 3 bedrooms/1 bathroom, plus expansive decking and balcony space. It also includes a large underground cellar/storm shelter! The newer 2022 year built, Barndo features luxurious finishes! 2-story ceilings, extensive recessed lighting, wood cabinetry, granite countertops and a show stopper of a screened Patio overlooking a huge Oak Tree Grove. Featuring +/- 1700 square feet, 3 beds, 2 baths, large living/kitchen/dining and a large laundry room. The RV Development is equipped with 12 Large Pad Sites, with full utility hook ups. Additionally, a communal building provides multiple washer/dryers plus 2 additional bathrooms. Don't forget about the 3 Income Producing Cabins featuring bathrooms, kitchens and sleeping spaces!
Property details
Location
About the Area
16588 N Us Highway 281 Hwy is located in Lampasas, Texas, in Lampasas County. Lampasas County sits at the northeastern edge of the Hill Country, centered on Lampasas, a small historic city known for its mineral springs that once drew health-seekers from across Texas. The county blends working ranch land with proximity to the Killeen-Temple metro and the growing northern Austin suburbs.
The Lampasas River flows through the county seat, and Sulphur Creek, fed by mineral springs, runs through historic downtown Lampasas. The terrain features limestone hills and cedar brakes in the west transitioning to gentler agricultural land in the east. Lampasas sits at the edge of the Lampasas Cut Plain geological region.
Lampasas had an estimated population of 7,506 as of 2023. The 76550 zip code has a median household income of $73,697, a median home value of $237,600, and a median age of 42.8. The average household size is 2.63 people.
Cattle ranching, agriculture, Fort Cavazos proximity, and a growing commuter population from the Killeen-Temple metro define the Lampasas County economy. The county offers affordable Hill Country-adjacent acreage for buyers who want the landscape without the premium prices of the core Hill Country counties.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Renfrew Real Estate LLC.