Welcome to this stunning 55-acre ag-exempt property in Smith Ranch, Lampasas County—a gated Hill Country retreat offering privacy, security, and unmatched access to nature. Improvements include a 1,760 sq ft main home, a 12x24 (1 bed/1 bath) guest house, and a climate-controlled 12x24 workshop—totaling 2,048 sq ft of living space, ideal for full-time living or a weekend escape. Located within Smith Ranch with an optional POA, owners enjoy maintained roads, gated entry with surveillance, and private access to 4+ miles of the Colorado River across 7 common areas. Conveniently situated across from Colorado Bend State Park, with Post Oak Ridge State Park under development nearby. Utilities include Hamilton County Electric, 1 gig fiber internet, propane, and a private water well producing approximately 18 GPM. Abundant wildlife—whitetail, axis, aoudad, turkey, dove, and quail—complete this exceptional outdoor property. Whether you’re looking for a peaceful homestead or recreational getaway, this property delivers the best of Texas country living.
For sale
Price cut: $24.9K (8/21)
$850,000
1261 Park Road, Lampasas, TX 76550
2beds
2,048sqft
Farm
Built in 2021
55 Acres Lot
$-- Zestimate®
$415/sqft
$-- HOA
What's special
Gated hill country retreatGated entry with surveillanceMaintained roads
- 48 days
- 384
- 18
Zillow last checked:
Listing updated:
Listed by:
Audrey Bear 512-525-9321,
Bear Real Estate Services
Source: HLMLS as distributed by MLS GRID,MLS#: 179157
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Microwave, Gas Range, Refrigerator, Electric Water Heater
Features
- Flooring: Stained Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,048
- Total interior livable area: 2,048 sqft
Property
Features
- Fencing: Barbed Wire,Cross Fenced,Completely Fenced
- Waterfront features: No
Lot
- Size: 55 Acres
Details
- Parcel number: 012828
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Materials
- Other, Metal Siding
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 2021
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Other
Green energy
- Energy efficient items: Ceiling Fan(s)
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Lampasas
Financial & listing details
- Price per square foot: $415/sqft
- Date on market: 8/20/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $850,000-2.8%$415/sqft |
Source: | ||
| 6/16/2026 | Price change | $874,900-2.7%$427/sqft |
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| 4/7/2026 | Listed for sale | $899,000$439/sqft |
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| 3/20/2026 | Listing removed | $899,000$439/sqft |
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| 10/24/2025 | Price change | $899,000-2.8%$439/sqft |
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| 8/11/2025 | Price change | $925,000-7.5%$452/sqft |
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| 6/2/2025 | Price change | $999,900-11.1%$488/sqft |
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| 12/27/2024 | Listed for sale | $1,125,000-10%$549/sqft |
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| 2/20/2024 | Listing removed | $1,250,000$610/sqft |
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| 2/16/2024 | Listed for sale | $1,250,000$610/sqft |
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Public tax history
Tax history is unavailable.
Monthly payment
Est. payment








