Property at 388 County Road 3500 None, Lampasas, Texas. 29.6 acres. Listed at $999,000 ($33,749 per acre). Property type: Farm/Ranch. Status: Active. County: Lampasas County. Listed October 30, 2025. Days on market: 157. Bedrooms: 4. Bathrooms: 4. Listed by: Bear Real Estate Services. Description: Discover a truly unique opportunity to own two homes on 29.621 acres of serene, Ag-exempt countryside — fully fenced and cross-fenced, perfect for ranch living, livestock, or multi-generational use. The main ranch-style home offers approximately 1,733 sq. ft. with 3 bedrooms and 3 full baths, featuring an open-concept floor plan, spacious living areas, and a covered patio ideal for outdoor entertaining. A private water well services this home, providing self-sufficiency and rural charm. The second residence, an impressive 5,054 sq. ft. metal-structure home, is partially finished and ready for your custom touches. With its open floor plan, double-sided fireplace, beautiful roll-up doors, and underground shipping container, this structure offers endless possibilities for completion as a luxury barndominium, workshop, or expansive family home. Electrical and plumbing rough-ins are already in place, streamlining the finishing process. Additional improvements include a 2,356 sq. ft. garage with a 1-bedroom, 1-bath apartment, perfect for guests, extended family, as well as a pole barn and an extra shop for equipment, vehicles, or storage. The property also features a wet-weather creek and seasonal ponds, adding natural beauty and character to the landscape. This property benefits from an Agricultural Exemption for lower property taxes, making it not only a beautiful investment but a smart one. Ideal for a buyer with vision and creativity—someone looking to complete a one-of-a-kind estate in a peaceful rural setting. With multiple living spaces, abundant outbuildings, and vast open land, this is a rare opportunity to create your dream homestead, investment compound, or country retreat.
Lampasas, TX 76550 (Lampasas County)
About this property
Discover a truly unique opportunity to own two homes on 29.621 acres of serene, Ag-exempt countryside — fully fenced and cross-fenced, perfect for ranch living, livestock, or multi-generational use. The main ranch-style home offers approximately 1,733 sq. ft. with 3 bedrooms and 3 full baths, featuring an open-concept floor plan, spacious living areas, and a covered patio ideal for outdoor entertaining. A private water well services this home, providing self-sufficiency and rural charm. The second residence, an impressive 5,054 sq. ft. metal-structure home, is partially finished and ready for your custom touches. With its open floor plan, double-sided fireplace, beautiful roll-up doors, and underground shipping container, this structure offers endless possibilities for completion as a luxury barndominium, workshop, or expansive family home. Electrical and plumbing rough-ins are already in place, streamlining the finishing process. Additional improvements include a 2,356 sq. ft. garage with a 1-bedroom, 1-bath apartment, perfect for guests, extended family, as well as a pole barn and an extra shop for equipment, vehicles, or storage. The property also features a wet-weather creek and seasonal ponds, adding natural beauty and character to the landscape. This property benefits from an Agricultural Exemption for lower property taxes, making it not only a beautiful investment but a smart one. Ideal for a buyer with vision and creativity—someone looking to complete a one-of-a-kind estate in a peaceful rural setting. With multiple living spaces, abundant outbuildings, and vast open land, this is a rare opportunity to create your dream homestead, investment compound, or country retreat.
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Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Bear Real Estate Services.