Active Under Contract

16588 N Us Highway 281 Highway

Lampasas, TX 76550
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Bed 5

Bed

Bath 3

Bath

SqFt3,200

Sqft

Acres20.88

Acres(Lot)

OVER A $350K PRICE REDUCTION! 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, farming, subdividing, etc! 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 P ark and Cabin expansions, Multi Generational Living, 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!

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Detail Ic Property Details

Property Type : Residential

Price : $949,999

AD Id : 77532735

MLS Id : 3709106

Beds : 5

Lot Size : 20.88 Acres

Living Area Size : 3,200

Year Built : 2022

County : Lampasas

Subdivision: Royal Palk Gardens

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Roofing Information

    Metal

    Flooring Information

    Concrete, Wood
  • Interior Features

    BreakfastBar, CeilingFans, GraniteCounters, HighCeilings, InLawFloorplan, MainLevelPrimary, NoInteriorSteps, OpenFloorplan, RecessedLighting, SeeRemarks, VaultedCeilings, NaturalWoodwork
    Roof: Metal
    Appliances: BuiltInElectricRange, Dryer, Dishwasher, Disposal, Washer
    Laundry Features: LaundryRoom, WasherHookup, ElectricDryerHookup
  • Heating & Cooling

    Heating: Central Has Cooling: Yes

  • Building Information

    Year Built: 2022
    Construction Materials: Masonry, MetalSiding, Stone, WoodSiding
    Stories: 1
    Pool Features: None
    Private Pool: No
    Water front Features: Seasonal
    View: Hills, Panoramic, Pasture, TreesWoods
  • Exterior Features

    Exterior Features: Garden, NoExteriorSteps, RvHookup

  • Lot Information

    Main Square Feet: 20.88 Lot Size Acres: 20.88 Lot Description: Agricultural,Farm,GentleSloping,SeeRemarks,TreesLargeSize,Views

    Property Information

    Subdivision: William Jones Source Property Type: Residential Property SubType: Other Levels: One Property Age: 4

  • Listing Price Information

    Listing Price: $949999
    Cash, Conventional, Exchange1031, SeeRemarks, VaLoan

  • Tax Information

    Parcel Number: 11164 Tax Year: 2025 Annual Tax: $573.36 Tax Legal Desc: ACR: 20.88 ACRES ABST: 0430 SURV: WILLIAM JONES

  • School Information

    Elementary School: Hanna Springs Junior High School: Lampasas Senior High School: Lampasas
  • Utility Information

    ElectricityConnected, PhoneAvailable, SeeRemarks, WaterAvailable, WaterConnected, UndergroundUtilities
  • Location Information

    Direction: From Lampasas, North on US Highway 281. When you get to Adamsville, Property on Right or can turn right on E FM 581 (Blinking Light) and property will be on your right. Can be accessed from N US Hwy 281 and also E FM 581 WaterSource: Public, SeeRemarks, Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11009 S Highway 183 Hig.., Lampasas, TX, 76550 $279,900 -- -- 800 800 SqFt
639 County Road 3081, Lampasas, TX, 76550 $355,000 4 2 2,024 2,024 SqFt
677 County Road 3081, Lampasas, TX, 76550 $315,000 3 2 2,137 2,137 SqFt
8827 E Highway 190, Lampasas, TX, 76550 $359,000 4 2 1,632 1,632 SqFt
8827 E Highway 190, Lampasas, TX, 76550 $359,000 4 2 1,632 1,632 SqFt
875 County Road 231, Lampasas, TX, 76550 $345,000 3 2 1,736 1,736 SqFt
6757 County Road 3010, Lampasas, TX, 76550 $899,000 4 3 2,515 2,515 SqFt
6757 County Road 3010, Lampasas, TX, 76550 $899,000 4 3 2,510 2,510 SqFt
465 E County Road 3064, Lampasas, TX, 76550 $169,999 2 1 780 780 SqFt
243 County Road 4314, Lampasas, TX, 76550 $425,000 4 2 2,650 2,650 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/20/2026 @ 00:37

MLS: 3709106 LISTED BY: Patrick Renfrew, Renfrew Real Estate LLC 512-775-7921 SOURCE: ACTRIS

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