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Fred Milling
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(512) 623-0580
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16588 N Us Highway 281 Highway, Lampasas, TX 76550

$1,499,999
  • 16588 N Us Highway 281 Highway, Lampasas, TX 76550 Main Photo

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Active
BEDS3 BATHS2 full SQUARE FEET1,700 MLS#5077281
STATUSActive PROPERTY TYPEResidential - Farm SUBDIVISIONWilliam Jones SCHOOLLampasas ISD

Property Description

SIGNIFICANT PRICE INCENTIVE OFFERED FOR QUICK CASH CLOSING! 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! 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 for this property from an ideal location of major Convenience Store/Truck Stop, Restaurant, RV Park and Cabin expansions, Multi Generational, 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 20 thick stone walls and displays absolutely stunning beam and wood work! Featuring +/- 1500 square feet, 3 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!

16588 N Us Highway 281 Highway | MLS# 5077281

This farm located at 16588 N Us Highway 281 Highway, Lampasas, TX 76550 is currently listed for sale with an asking price of $1,499,999. This property was built in 2022 and has 3 bedrooms and 2 full baths with 1700 sq. ft. N Us Highway 281 Highway is located in the William Jones subdivision within the Lampasas ISD school district. Search William Jones real estate on www.millingaboutre.com today.

Property Features

Property Type: Residential - Farm
Cooling: Central Air
Fireplaces: 1
Heating: Central
Lot Size: 20.89 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $573
Year Built: 2022

Amenities

See Remarks
Ceiling Fan(s)
Vaulted Ceiling(s)
Granite Counters
Electric Dryer Hookup
No Interior Steps
Open Floorplan
Primary Bedroom on Main
Recessed Lighting
Washer Hookup
Garden
No Exterior Steps
RV Hookup

Feature Descriptions

Appliances: Built-In Electric Range
Area #: LP
Community Features: Kitchen Facilities, Laundry Facility(s), Underground Utilities
Crops: See Remarks, Organic
Days on Site: 27
Exterior: Metal Siding
Farm type: Transitional, See Remarks
Fencimg: Barbed Wire, Wire
Fireplace: See Remarks
Flood Plain: No
Flooring: Concrete
Horse Amenities: Pasture
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: See Remarks, Agricultural, Farm, Gentle Sloping, Public Maintained Road, Trees-Large (Over 40 Ft), Views
Parcel#: 11164
Parking: See Remarks, Circular Driveway, Gravel, Oversized
Parking Notes: See Remarks, Circular Driveway, Gravel, Oversized
Patio/Porch: Covered, Front Porch, Screened
Sewer: See Remarks, Septic Tank
Special View Info: Hill Country, Panoramic, Pasture, Trees/Woods
Topography: Level to Gently Rolling
Utilities: See Remarks, Electricity Connected, Phone Available, Underground Utilities, Water Available, Water Connected
Water: See Remarks, Public, Well
Water Features: Dry/Seasonal
Wells: 3

Local Schools

High School: Lampasas
Middle School: Lampasas
Elementary School: Hanna Springs
School District: Lampasas ISD

Listed By / Shown By

Listed By

Agency Name: Renfrew Real Estate LLC
Agency Contact: (512) 775-7921

Shown By

Agent Name: Fred Milling
Agent Phone: (512) 623-0580
Agency Title: Realty Capital City

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Estimated Payment

$ 3,823.60 per month $3,338.35 Principal & Interest $47.75 Property Tax $437.50 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/19/2026. The listing information on this page last changed on 03/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/19/2026 4:24:58 AM EST) or Austin MLS (last updated Thu 03/19/2026 12:27:31 AM EST) or CTXMLS (last updated Wed 03/18/2026 11:34:26 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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