Active Under Contract

16588 N Us Highway 281

Lampasas, TX 76550
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SqFt3,000

Sqft(Lot)

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 : Farm

Price : $949,999

AD Id : 75539446

MLS Id : 605183

Beds : 6

Lot Size : 20.88 Acres(Lot)

Living Area Size : 3,000

County : Lampasas

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 2

    Roofing Information

    Metal

    Flooring Information

    Concrete, PaintedStained, Wood
  • Interior Features

    CeilingFans, HighCeilings, Pantry, RecessedLighting, WalkInClosets, BreakfastArea, GraniteCounters, KitchenFamilyRoomCombo, SolidSurfaceCounters
    Roof: Metal
    Appliances: Dishwasher, ElectricRange, Disposal, VentedExhaustFan, SomeElectricAppliances
    Laundry Features: ElectricDryerHookup, LaundryInUtilityRoom, LaundryRoom
    Window Features: DoublePaneWindows
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2022
    Construction Materials: Masonry, Steel
    Stories: 1
    Patio And Porch Features: Covered, Patio, Porch, Screened
    Pool Features: None
    Private Pool: No
    View: None
  • Exterior Features

    Exterior Features: CoveredPatio, EnclosedPorch, Porch, RainGutters

  • Lot Information

    Lot Size Acres: 20.88

  • Listing Price Information

    Listing Price: $949999
    Original Price: $1499999
    Cash, Conventional, Other, SeeRemarks

  • Tax Information

    Parcel Number: 11165 & 11164 Tax Legal Desc: ACR: 20.99 ABST: 0430 SURV: WILLIAM JONES

  • School Information

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

    WaterAvailable
  • 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, Private, Other, SeeRemarks, Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD County Road 2337, Lampasas, TX, 76550 $300,000 -- -- -- 20 Acres(Lot)
1 TBD Vaquero Vista Lane, Lampasas, TX, 76550 $370,500 -- -- -- 13.21 Acres(Lot)
11009 S Highway 183 Hig.., Lampasas, TX, 76550 $279,900 -- -- 500 12.48 Acres(Lot)
00 County Road 224, Lampasas, TX, 76550 $10,950,000 -- -- -- 643 Sqft(Lot)
TBD Lot 64 Fm 580 E 0123, Lampasas, TX, 76550 $120,000 -- -- -- Acres (Lot)--
TBD Lot 64 Fm 580 E 0123, Lampasas, TX, 76550 $120,000 -- -- -- 10.21 Acres(Lot)
1052 Pr 4405, Lampasas, TX, 76550 $1,750,000 2 1 1,654 Acres (Lot)--
TBD E Fm 580, Lampasas, TX, 76550 $381,375 -- -- -- 30.51 Acres(Lot)
4503 Fm 1715, Lampasas, TX, 76550 $7,844,000 3 4 2,905 293 Acres(Lot)
TBD 183 Highway, Lampasas, TX, 76550 $495,000 -- -- -- 24.62 Acres(Lot)

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the Central Texas MLS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2026 Central Texas MLS®. All rights reserved.

ByOwner last updated this listing 06/13/2026 @ 06:37

MLS: 605183 LISTED BY: Patrick Renfrew, Renfrew Real Estate, Llc 512-775-7921 SOURCE: CTEXAS

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