16588 Us Highway 281

Lampasas, TX 76550 · Lampasas County

$949,999Price
5Beds
16588 Us Highway 281
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▶ Virtual Tour

Description

OVER A $350K PRICE REDUCTION! Spectacular opportunity to capitalize on a property which provides an established built-in 12 Pad RV Development, 3 Income Producing Cabins, income producing Garden, (2) Single Family homes, and you still have +/- 15 acres left for further expansion, farming, subdividing, etc! This stunning property is strategically located with +/- 1700 feet of frontage on N US Hwy 281 and +/- 600 feet of frontage on E FM 581. Current TxDot traffic study indicates +/- 5,000 daily cars pass this site. With the already in process, major Highway 281 expansion from Evant to Lampasas, this property benefits from even more future daily traffic volume and visibility! Many tremendous uses are provided including a Mini Farm, Multi Gen Living, Livestock Auctuion Barn, Convenience Store/Truck Stop, Restaurant, RV Park and Cabin expansions, Short Term Rentals, Air BnB, and the list keeps going! The two stunning Single Family Properties on this property include a Historical Home built in +/- 1870. This master piece has been tastefully restored in many ways and is located along Highway 281. This beautiful home was hand crafted with 24" thick stone walls and displays absolutely stunning beam and wood work! Featuring +/- 1500 square feet, 2 bedrooms/1 bathroom, plus expansive decking and balcony space. It also includes a large underground cellar/storm shelter! The newer 2022 year built, Barndo features luxurious finishes! 2-story ceilings, extensive recessed lighting, wood cabinetry, granite countertops and a show stopper of a screened Patio overlooking a huge Oak Tree Grove. Featuring +/- 1700 square feet, 3 beds, 2 baths, large living/kitchen/dining and a large laundry room. The RV Development is equipped with 12 Large Pad Sites, with full utility hook ups. Additionally, a communal building provides multiple washer/dryers plus 2 additional bathrooms. Don't forget about the 3 Income Producing Cabins featuring bathrooms, kitchens and sleeping spaces!

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT230845091
Taxes$573 (2025) / year
TypeFarm
Year Built2022
Lot Size20.88 AC / 909,532 SF
CountyLampasas
SubdivisionWilliam Jones
Garage Spaces2

Property Information

Interior

See RemarksCeiling Fan(s)Ceiling-VaultedGranite CountersNo Interior StepsOpen FloorplanPrimary Bedroom on MainRecessed Lighting

Exterior

GardenNo Exterior StepsRV Hookup

Appliances

Built-In Electric RangeDisposalFree-Standing RangeRefrigeratorStainless Steel Appliance(s)

Community

Kitchen FacilitiesLaundry RoomUnderground UtilitiesTrail(s)

Parking

See RemarksAdditional ParkingCircular DrivewayDetached CarportDrivewayGravelOversizedRV Access/Parking

Utilities & Construction

Heat: CentralAC: Central AirConcrete, WoodRoof: MetalFoundation: Slab

Directions: From Lampasas, North on US Highway 281. When you get to Adamsville, Property on Right or can turn right on E FM 581 (Blinking Light) and property will be on your right. Can be accessed from N US Hwy 281 and also E FM 581

Location

Property History

DateEventPrice
May 21, 2026 Listed (Active) · MLS# ACT230845091 $949,999

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

Public Records

Tax Record 2025$573
Year Built2022
Beds5
Lot Size909,532 Sq. Ft.
StyleFarm
CountyLAMPASAS
MLS #ACT230845091

Schools

E
Hanna Springs
Public · Elementary · Serves this home
M
Lampasas
Public · Middle School · Serves this home
H
Lampasas
Public · High School · Serves this home

Please verify enrollment eligibility directly with schools.

$949,999
16588 Us Highway 281, Lampasas, TX

By submitting, you agree to be contacted by Col Realty.

Payment Estimate

Estimated monthly payment
Principal & Interest
Property Taxes

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