NOT LISTED FOR SALE

00 Fm 581 Other, TX 76864

Estimated Value: $795,000 - $1,475,000

110 Acres
$10,633 Price per Acre
4,791,600 Sq Ft Lot

Last Sold August 19, 2020

Current estimated payment $6,970/month

5 Days on Market

Highlights

  • Horse Property
  • Waterfront
  • Mature Trees
  • Lake View
  • 110 Acre Lot
  • No HOA

About This Lot

As of August 2020

The Wishing Well Ranch is the perfect place to get away from the crowds for a weekend or a lifetime. This magnificent 110 acres has a lot to offer and has a multitude of possibilities. The ranch is 20 min from Lampasas and less than 1.5 hours to Austin. It fronts FM 581 and paved CR 2600, which provides the possibility for development.
Pride of ownership is evident when you drive through the gate. The brush has been cleared leaving park like oak motts. There is approximately 65% tree cover to 35% open pasture. The soils are conducive for improved grasses and the native grasses are strong. Not far from the house is a beautiful lake. The 1-2 acre lake is stocked with bass and catfish. The southern 50+/- acres is wooded, with live oak, post oak, and cedar. There are several meadows that provide shooting lanes and are ideal for food plots. The hunting is excellent with deer, turkey, dove, varmints, hogs, and the occasional quail.
The home is perfect for the growing family, a place to retire, or a fantastic weekender. The 1,960 sq ft (Lampasas CAD) home was built in 2012. It has 3 bedrooms, 2 baths, 2 car garage, stone fireplace, a neat island in the kitchen, tile floors, granite counters, covered patio, and a great fire pit for spinning hunting and fishing tales or roasting marshmallows with the kids. The furnishings in the house convey with the sale. Additional improvements include a 50x50 enclosed barn/workshop on a slab. So many possibilities.

Last Agent to Sell the Property

Michael Bacon

Texas Ranch Brokers, LLC License #0273134 Listed on: 07/14/2020

Last Buyer's Agent

NON-MEMBER AGENT TEAM

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,161

Lot Details

  • 110 Acre Lot
  • Waterfront
  • Property fronts a county road
  • Barbed Wire
  • Mature Trees
  • Partially Wooded Lot
  • Possible uses of the property include Fishery, Grazing, Horses, Hunting, Residential, Recreational

Home Design

  • Frame Construction

Interior Spaces

  • 5,123 Sq Ft Home
  • Property has 1 Level
  • Lake Views

Schools

  • Lometa Middle School
  • Lometa High School

Additional Features

  • Residence on Property
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 150952

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$7,161

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: From Lampasas take Hwy 183 to Lometa. At Lometa turn right at light- Main St. Go 3/10 of a mile to stop sign. Turn left on 7th Street. 2/10 of a mile to stop sign. Turn right on FM 581. Drive 2.1 miles and gate is on the right.
  • Horses: Yes
  • Unit Levels: One
  • Lot Size Acres: 110.0
  • Property Sub Type: Farm
  • Property Sub Type Additional: Farm
  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Building Stories: 1
  • Subdivision Name: none
  • Water Body Name: Lake
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Living Area: 5123.0
  • Number Of Buildings: 4
  • Other Equipment: Satellite Dish
  • Possible Use: Fishery, Grazing, Horses, Hunting, Residential, Recreational
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Frame, Stone, Wood Siding
  • Disclosures: Agricultural Exemption
  • Fencing: Barbed Wire
  • Lot Features: Horse Property, Level, Mature Trees, Ranch
  • Other Structures: Garage(s), Residence, Shed(s)
  • View: Lake
  • View: Yes
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • High School: Lometa High
  • Junior High Dist: Lometa ISD
  • Middle Or Junior School: Lometa Middle

Lot Info

  • Parcel #: 150952
  • Zoning Description: UNKNOWN
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: NONE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2024
Sold by
Sierra Golf Investments Llc
Bought by
Brummer George and Brummer Kimale
Current Estimated Value
$1,169,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Outstanding Balance
$178,133
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$1,017,279

Purchase Details

Closed on
Aug 25, 2022
Sold by
Ford Goodman David
Bought by
Brummer George Gene and Brummer Kimale Langdon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
5.54%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 20, 2012
Sold by
Evetts Donald Gene
Bought by
Hammond Sean J and Hammond Natalie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.03%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brummer George -- Independence Title
Brummer George Gene -- --
Hammond Sean J $480,000 Lampasas County Abstract Co.
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brummer George $224,000
Previous Owner Brummer George Gene $1,280,000
Previous Owner Hammond Sean J $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2020 08/19/20 Sold -- -- --
07/20/2020 07/20/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $1,300,000 -- $254 / Sq Ft
Source: Central Texas MLS (CTXMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,161 $0 $0 $0
2023 $5,810 $0 $0 $0
2022 $6,727 $819,370 $422,400 $396,970
2021 $4,854 $589,190 $352,420 $236,770
2020 $4,861 $0 $0 $0
2019 $5,043 $0 $0 $0
2018 $5,916 $0 $0 $0
2017 $4,973 $0 $0 $0
2016 $4,973 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 416736

Central Texas MLS (CTXMLS)

APN: 150952