Skip To Content

388 County Road 3500

Lampasas, TX 76550
  • $999,000
  • STATUS: Active
  • ID#: 8489501
UPDATED: 58 min ago
$999,000
  • 4
    BEDS
  • 29.6
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Farm
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Lacy Davidson of Bear Real Estate Services: (512) 556-9321.

Description

Discover a truly unique opportunity to own two homes on 29.621 acres of serene, Ag-exempt countryside fully fenced and cross-fenced, perfect for ranch living, livestock, or multi-generational use. The main ranch-style home offers approximately 1,733 sq. ft. with 3 bedrooms and 3 full baths, featuring an open-concept floor plan, spacious living areas, and a covered patio ideal for outdoor entertaining. A private water well services this home, providing self-sufficiency and rural charm. The second residence, an impressive 5,054 sq. ft. metal-structure home, is partially finished and ready for your custom touches. With its open floor plan, double-sided fireplace, beautiful roll-up doors, and underground shipping container, this structure offers endless possibilities for completion as a luxury barndominium, workshop, or expansive family home. Electrical and plumbing rough-ins are already in place, streamlining the finishing process. Additional improvements include a 2,356 sq. ft. garage with a 1-bedroom, 1-bath apartment, perfect for guests, extended family, as well as a pole barn and an extra shop for equipment, vehicles, or storage. The property also features a wet-weather creek and seasonal ponds, adding natural beauty and character to the landscape. This property benefits from an Agricultural Exemption for lower property taxes, making it not only a beautiful investment but a smart one. Ideal for a buyer with vision and creativitysomeone looking to complete a one-of-a-kind estate in a peaceful rural setting. With multiple living spaces, abundant outbuildings, and vast open land, this is a rare opportunity to create your dream homestead, investment compound, or country retreat.

Monthly Payment Calculator



© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-11-18T20:01:13.007.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2025-11-18T20:01:13.007 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.efirsttexas.com/homes/169386407
Print Image

388 County Road 3500 Lampasas, TX 76550

  • Price: $999,000
  • Status: Active
  • On Site: Days
  • Updated: 58 min ago
  • ID#: 8489501
4
Beds
4
Baths
0
½ Baths
29.6
Acres
Neighborhood:
None
County:
Lampasas
Area:
Lampasas
Elementary School:
Kline Whitis
Middle School:
Lampasas
High School:
Lampasas
School District:
Lampasas ISD
Property Description
Discover a truly unique opportunity to own two homes on 29.621 acres of serene, Ag-exempt countryside fully fenced and cross-fenced, perfect for ranch living, livestock, or multi-generational use. The main ranch-style home offers approximately 1,733 sq. ft. with 3 bedrooms and 3 full baths, featuring an open-concept floor plan, spacious living areas, and a covered patio ideal for outdoor entertaining. A private water well services this home, providing self-sufficiency and rural charm. The second residence, an impressive 5,054 sq. ft. metal-structure home, is partially finished and ready for your custom touches. With its open floor plan, double-sided fireplace, beautiful roll-up doors, and underground shipping container, this structure offers endless possibilities for completion as a luxury barndominium, workshop, or expansive family home. Electrical and plumbing rough-ins are already in place, streamlining the finishing process. Additional improvements include a 2,356 sq. ft. garage with a 1-bedroom, 1-bath apartment, perfect for guests, extended family, as well as a pole barn and an extra shop for equipment, vehicles, or storage. The property also features a wet-weather creek and seasonal ponds, adding natural beauty and character to the landscape. This property benefits from an Agricultural Exemption for lower property taxes, making it not only a beautiful investment but a smart one. Ideal for a buyer with vision and creativitysomeone looking to complete a one-of-a-kind estate in a peaceful rural setting. With multiple living spaces, abundant outbuildings, and vast open land, this is a rare opportunity to create your dream homestead, investment compound, or country retreat.
Exterior Features

Attached Garage YN No Fencing Cross FencedFullPerimeter Foundation Details Slab Garage YN No Levels One Lot Features See Remarks Num Ponds 1 Other Structures See RemarksSecond ResidenceWorkshop Parking Features Additional Parking Patio And Porch Features Covered Road Surface Type Asphalt Roof Metal View PasturePond Waterfront Features See Remarks Waterfront YN No

Interior Features

Appliances Electric Range Cooling Central Air Heating Central Laundry Location Inside Main Level Bedrooms 4 Num Dining 2 Num Living 2 Rooms Bedroom (Main Level)

Property Features

Additional Parcels YN Yes Association YN No Estimated Taxes 5578.41 Fema Flood Plain No Horse YN Yes Listing Terms CashConventional New Construction YN No Num Wells 1 Property Condition Under Construction Property Sub Type Single Family Residence Special Listing Conditions Standard Utilities Electricity AvailableWater Available Water Source Well



© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-11-18T20:01:13.007.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2025-11-18T20:01:13.007 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
https://bt-photos.global.ssl.fastly.net/austin/1280_boomver_1_8489501-2.jpg https://bt-photos.global.ssl.fastly.net/austin/1280_boomver_1_8489501-2.jpg https://bt-photos.global.ssl.fastly.net/austin/1280_boomver_1_8489501-2.jpg
Logo
First Texas Brokerage Company
80 South Main Street
Salado TX, 76571
Property listed by Lacy Davidson of Bear Real Estate Services: (512) 556-9321.