3588 US Highway 281
Lampasas, TX 76550
$1,065,000
Land · 122.81 ac · $8,672/ac
What it costs to own
An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.
About this home
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.
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.
Around this home
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Listing courtesy of Christie's Lone Star — Nichole Shelton.
Where it is
Robert & StephenInk Realty GroupWant the full story on this home?
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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21339272. Information last updated September 23, 2026.
Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.
Ink Realty Group is brokered by eXp Realty.
Ink Realty Group
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