388 CR 3500, Lampasas, TX 76550

• 4 beds |
• 4 baths

Property 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.

Listing Status:

Active

Date Added:

October 27, 2025 at 05:00AM

Listing Office:

Bear Real Estate Services : (512) 556-9321

Listing Agent:

Lacy Davidson : (254) 315-8893

MLS ID:

595820

Interior

• General: Ceiling Fan(s)See RemarksBreakfast BarBreakfast Area
• Appliances: Multiple Water Heaters
• Laundry: InsideLaundry Room
• Flooring: ConcreteLaminate
• A/C: 2 Units
• Heating: CentralElectricFireplace(s)Multiple Heating Units
• Fireplace: Wood BurningFireplace

Exterior

• General: Garage(s)GreenhouseWorkshopBarn(s)Outbuilding
• Style: Ranch
• Other Structures: Garage(s)GreenhouseWorkshopBarn(s)Outbuilding

Construction

• Roofing: CompositionMetalShingle
• General: Aluminum SidingMetal FrameVinyl Siding1Slab

Location

• Road/Access: County Road
• Originating MLS: CTEXAS_FHAAR
• School District: Lampasas ISD
• County: Lampasas

Lot

• Zoning: ABST 313 GREEN HATLEYACRES 11.601& ABST 1174/ABST 12 ABST 483 HARRISON MILLERACRES 1.77661157114931
• View: PondCreek/StreamSeasonal View
• Fencing: Cross FencedFullPerimeter

Utilities

• Utilities: Electricity Available
• Water: PrivateWell

Financial

• Source: CTEXAS_FHAAR

This listing courtesy of Lacy Davidson, Bear Real Estate Services