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For sale
  • Price cut: $24.9K (8/21)
    $850,000

    1261 Park Road, Lampasas, TX 76550

    2beds
    2,048sqft
    : 
    $5,842/mo
    Get pre-qualified
    Farm
    Built in 2021
    55 Acres Lot
    $-- Zestimate®
    $415/sqft
    $-- HOA

    What's special

    Gated hill country retreatGated entry with surveillanceMaintained roads
    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Audrey Bear 512-525-9321,

    Bear Real Estate Services

    Source: HLMLS as distributed by MLS GRID,MLS#: 179157MLS Logo

      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

        DateEventPrice
        8/21/2026Price change$850,000-2.8%$415/sqft
        Source: Central Texas MLS #609303 Report a problem
        6/16/2026Price change$874,900-2.7%$427/sqft
        Source: Central Texas MLS #609303 Report a problem
        4/7/2026Listed for sale$899,000$439/sqft
        Source: Central Texas MLS #609303 Report a problem
        3/20/2026Listing removed$899,000$439/sqft
        Source: Unlock MLS #7987032 Report a problem
        10/24/2025Price change$899,000-2.8%$439/sqft
        Source: Unlock MLS #7987032 Report a problem
        8/11/2025Price change$925,000-7.5%$452/sqft
        Source: Unlock MLS #7987032 Report a problem
        6/2/2025Price change$999,900-11.1%$488/sqft
        Source: Unlock MLS #7987032 Report a problem
        12/27/2024Listed for sale$1,125,000-10%$549/sqft
        Source: Unlock MLS #7987032 Report a problem
        2/20/2024Listing removed$1,250,000$610/sqft
        Source: Unlock MLS #9512003 Report a problem
        2/16/2024Listed for sale$1,250,000$610/sqft
        Source: Unlock MLS #6086196 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 76550

        Getting around

        0 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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