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$849,950

5650 County Road 101, Lampasas, TX, 76550

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,969 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$431.67 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDryer, Gas Cooktop, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Range Hood, Washer
FlooringConcrete

Exterior

Exterior FeaturesDog Run, Lighting, Outdoor Grill, Private Yard, Rain Gutters
Lot Size20 acres

Building Information

Year Built2009
Garage Spaces2

Land Information

APN101766
SubdivisionJames Leonard
Land UseResidential
Legal DescriptionABS A0526 JAMES LEONARD, 20.0 ACRES
Census Tract960200
Assessment Year2025

About this property

OVERVIEW: Set on 20 acres 10 minutes from Lampasas, this hilltop property offers sweeping Hill Country views and exceptional sunsets, with paved access off CR 101. A 3-bed, 3-bath home built in 2010 sits on the high point, surrounded by open pasture and scattered cedar, mesquite, and mature oaks. It works well as a full-time residence, weekend retreat, or small-acreage homestead. IMPROVEMENTS: The 1,969± sq ft home has an open kitchen, living, and dining layout with Hill Country views, plus a covered back patio for evening sunsets. A two-bay carport includes a 240± sq ft finished room for an office, workshop, or hobby space. About one acre around the home is fenced for a yard and dog run, and two gated entrances have automatic openers. The property is perimeter fenced with barbed wire, carries an ag exemption, and has open ground for a barn, shop, second residence, or livestock. WATER & UTILITIES: A 425-foot well produces approximately 30 GPM, and a stock tank holds water most of the year. Electricity is from Pedernales Electric Cooperative, with propane from an owned 250-gallon tank. AT&T fixed wireless delivers about 85/50 Mbps, and Nextlink and Starlink are also available. WILDLIFE: The mix of pasture and brush cover supports whitetail deer, Rio Grande turkey, feral hogs, and dove, and the stock tank helps draw game. LOCATION: Approximately 10 minutes from Lampasas, 20 minutes from Burnet, 25 minutes from Copperas Cove, 40 minutes from Killeen, 45 minutes from Marble Falls, 1 hour from Georgetown and Temple, 1 hour 15 minutes from Austin, 1 hour 20 minutes from Waco, 2 hours from San Antonio, and 2 hours 45 minutes from Dallas.

Investor Tools

$1,534,841Estimated Mortgage Balance
$821,664Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

Interested in this property?

Joshua Smith

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,389
$821,664
2025
N/A
N/A
$838,882
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,389
$821,664

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Commercial
$1,572,000
No
First
Jun 30, 2025
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,534,841
N/A
0%
187%
$9,425/mo

City: Lampasas

5650 County Road 101 | Property Details | No Agent List