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$999,000 - 388 County Road 3500, Lampasas

4
Bedrooms
4
Baths
N/A
SQ. Feet
29.6
Acres

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.

Essential Information

  • MLS® #:
    8489501
  • Price:
    $999,000
  • Bedrooms:
    4
  • Bathrooms:
    4.00
  • Full Baths:
    4
  • Acres:
    29.60
  • Type:
    Farm
  • Sub-Type:
    Single Family Residence
  • Status:
    Active

Community Information

  • Address:
    388 County Road 3500
  • Subdivision:
    none
  • City:
    Lampasas
  • County:
    Lampasas
  • State:
    TX
  • Zip Code:
    76550

Amenities

  • Utilities:
    Electricity Available, Water Available
  • Parking:
    Additional Parking
  • View:
    Pond, Pasture
  • Waterfront:
    See Remarks

Interior

  • Appliances:
    Electric Range
  • Heating:
    Central
  • # of Stories:
    1
  • Stories:
    One

Exterior

  • Lot Description:
    See Remarks
  • Roof:
    Metal
  • Construction:
    Aluminum Siding, Metal Siding
  • Foundation:
    Slab

School Information

  • District:
    Lampasas ISD
  • Elementary:
    Kline Whitis
  • Middle:
    Lampasas
  • High:
    Lampasas

Property Listed by: Bear Real Estate Services

The information being provided is 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 18th, 2026 at 9:36pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.