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388 Cr 3500, 
Lampasas, TX 76550

$999,000


4

Beds


4

Baths


-

Sq Ft


Single Family

Active

Listed by

Audrey Bear

Bear Real Estate Services

Last updated:

November 1, 2025, 11:53 AM

MLS#

21099457

Source:

GDAR

About This Home

388 Cr 3500

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 creativity—someone 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.

Home Facts

Single Family

4 Baths

4 Bedrooms

Built in 2022

Price Summary

999,000

MLS #:

21099457

Last Updated:

November 1, 2025, 11:53 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4


Structure

Structure

Architectural Style:

Craftsman

Year Built:

2022


Lot

Lot Size (Sq. Ft):

1,289,419


Finances & Disclosures

Finances

Price:

$999,000

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Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated November 1, 2025 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Watson Company.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.