- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$1,250,000
Monthly Est:$6,222
-- Bed
- -- Bath
122.81acres lot
3588 N Us Hwy 281, Lampasas, TX 76550
$1,250,000
$6,222/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
122.81 acres lot
$10,178/acre
Description
3588 N. US Highway 281 offers an exceptional opportunity to own 122± acres in the heart of Central Texas, where strong investment potential meets the flexibility to create a premier ranch, luxury estate, or future development. Featuring desirable highway frontage, rolling terrain, scattered native trees, and multiple scenic homesites, this property offers the privacy and versatility today's land buyers are seeking.
Whether your vision is a custom ranch headquarters, equestrian property, cattle operation, or recreational retreat, the acreage provides ample room to build while preserving the character of the land. Investors and developers will appreciate the potential to subdivide into approximately 20-acre tracts (subject to county approval), creating estate-sized ranchettes that may qualify for agricultural valuation with continued qualifying use and meet the growing demand for larger acreage throughout Central Texas.
With its strategic location, development flexibility, and long-term appreciation potential, this property presents a rare opportunity for end users, investors, and developers alike to capitalize on one of Texas' strongest land markets.
- Houzeo last checked: 13 minutes ago
- Listing updated: October 23, 2026 at 8:00 pm
- Listing Provided by: Nichole Shelton | Christie's Lone Star (214) 821-3336
- Source: NTREIS MLS-TX | MLS#: 21339272

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
122.81 acres lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21339272
MLS Status
Active
Cumulative Days on Market
92

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Water Source
Well
Utilities
None, Water Available
Other Features
Lot Features
Acreage, Agricultural
Subdivision Name
Gibson Branch
Vegetation
Brush
Price History
| Date | Event | Price |
|---|---|---|
09/01/2026 Source: | Price Increased | $1,550,000 +45.54% $0/sqft |
09/01/2026 Source: | Price Decreased | $1,065,000 -14.80% $0/sqft |
07/23/2026 Source: | Price Decreased | $1,250,000 -16.67% $0/sqft |
07/23/2026 Source: | Listed for Sale | $1,500,000 $0/sqft |
Nearby Homes
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Based on information from the North Texas Real Estate Information Systems, Inc., through Oct 30, 2026, 09:00AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
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