An exceptional opportunity to own 47.47± acres at approximately $11,144 per acre—an increasingly hard-to-find value in today’s Texas Hill Country land market. Located just west of Lampasas off FM 580 within the gated Double Ott Ranch community, this property offers an ideal combination of usable land, natural beauty, available utilities, and convenient access to town. Mature hardwoods, scenic Hill Country views, a pond, and abundant wildlife create an attractive setting for a custom home, weekend retreat, hunting property, or small ranch. The property is currently Ag exempt, horses are permitted, and hunting is allowed in accordance with applicable regulations. A waterline and electricity are available at the property frontage, providing a significant advantage for future improvements. Light deed restrictions offer flexibility while helping maintain the character of the ranch, with private road maintenance of approximately $5 per acre annually. Enjoy the privacy and freedom of nearly 50 acres while remaining close to Lampasas, Fiesta Winery, Stoneledge Winery, and Colorado Bend State Park. With quality Hill Country acreage becoming increasingly difficult to find at this price per acre, this tract offers an appealing opportunity for buyers looking for land to build, recreate, hunt, or hold as a long-term investment.
Active
$529,000
LOT 2A Private Road 1240, Lampasas, TX 76550
--beds
--baths
47.47Acres
Unimproved Land
Built in ----
47.47 Acres Lot
$-- Zestimate®
$--/sqft
$20/mo HOA
What's special
A pondScenic hill country viewsMature hardwoodsAbundant wildlife
- 4 days
- 97
- 10
Zillow last checked:
Listing updated:
Listed by:
James Banks (254)630-6380,
Shipley Ranches LLC
Source: Central Texas MLS,MLS#: 623829
Originating MLS: Four Rivers Association of REALTORS
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Partial
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 47.47 Acres
- Topography: Rolling
- Residential vegetation: Heavily Wooded
Details
- Additional structures: None
- Parcel number: 156328
- Zoning description: R
- Horses can be raised: Yes
Utilities & green energy
- Water: Private, See Remarks
- Utilities for property: Above Ground Utilities, Electricity Available
Community & HOA
Community
- Features: None, Gated, Hunting
- Security: Gated Community
HOA
- Has HOA: Yes
- HOA fee: $238 annually
Location
- Region: Lampasas
Financial & listing details
- Date on market: 8/27/2026
- Cumulative days on market: 5 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $529,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 76550
Nearby schools
Schools provided by the listing agent
- District: Lampasas ISD
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







