247 Fm 581

Lometa, TX 76853 · Lampasas County

$980,000Price
247 Fm 581
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Description

Offered at $980,000, this is an opportunity to own an 86 acre property with incredible views, highway frontage and investment potential in one of the Hill Country’s most sought-after regions. Location: Located just minutes from Lometa, this 86-acre Hill Country ranch offers sweeping long-range views, approximately 1700 feet of Highway 581 frontage, and exceptional versatility for cattle, recreation, or investment. A seasonal creek winds through the property, enhancing its natural character and appeal. The ranch is easily accessible from both Highway 581 and County Road 2745—just 9 minutes from Lometa and roughly 1 hour and 30 minutes from Austin. With electricity on-site and a water line along Highway 581, this property is well-positioned for future development, a premier homestead, or continued agricultural use. History: This parcel was once part of the historic Wagon Wheel Ranch — a notable operation recognized for its high-quality horse breeding and cattle program throughout much of the 20th century. The land reflects the authentic ranching heritage that defines this region, offering a rare opportunity to own a piece of Hill Country history with investment potential. Land: Situated in the heart of Lampasas County, this 86-acre ranch offers a blend of usability, scenic beauty, and investment potential. The land is primarily flat with gentle rolling terrain, providing exceptional grazing opportunities for cattle or other livestock. A wet-weather creek meanders through the property, adding natural character and seasonal water features that enhance both ranching and recreational appeal. Electricity is on-site, and a community water line runs along FM 581—making this ranch well-suited for development, continued agricultural use, or long-term investment. Property is currently under Agriculture exemption.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT211572557
Taxes$267 (2025) / year
TypeFarm
Lot Size86.00 AC / 3,746,160 SF
CountyLampasas
SubdivisionNone

Location

Property History

DateEventPrice
Feb 15, 2026 Listed (Active) · MLS# ACT211572557 $980,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Tax Record 2025$267
Lot Size3,746,160 Sq. Ft.
StyleFarm
CountyLAMPASAS
MLS #ACT211572557

Schools

E
Lometa
Public · Elementary · Serves this home
M
Lometa
Public · Middle School · Serves this home
H
Lometa
Public · High School · Serves this home

Please verify enrollment eligibility directly with schools.

$980,000
247 Fm 581, Lometa, TX

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Payment Estimate

Estimated monthly payment
Principal & Interest
Property Taxes

For illustrative purposes only. Contact a lender for accurate figures.