$184,900
NEW CONSTRUCTION $10K PRICE DROP

122 Reserve Way Lampasas, TX 76550

Estimated payment $1,057/month

Total Views 3,509
11 Acres
$17,216 Price per Acre
467,834 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • Panoramic View
  • Cul-De-Sac
  • Kline Whitis Elementary School Rated A-
  • 10.74 Acre Lot
  • Agricultural

About This Lot

10.74 Acres in Burnet CountyThis AG EXEMPT property is located in the exclusive, gated ranch community of Homestead Hills. Offering the perfect setting to build your custom Hill Country ranch home, this property features breathtaking, unobstructed views and a serene, peaceful atmosphere. Enjoy the tranquility and privacy that this exceptional location provides, making it an ideal spot for your dream ranch retreat.LandTucked away on a private cul-de-sac, this lot features an appealing sloping topography with several potential build sites. You can create scenic pathways through the cedar trees to preserve your privacy while unveiling stunning views at the back of the property. The land backs up to a 500+ acre ranch, offering added seclusion and natural beauty.Utilities:• Power: Available• Water: Well needed• Sewer: Septic needed• Internet: Starlink is best optionHomestead HillsThe large concrete entrance off county road 101 leads to an impressive gate constructed of limestone and metal. The development has concrete private roads throughout. There's a community ag exemption in place to help lower property taxes. The development has light restrictions to preserve your investment (ie. Barndominiums and commercial activities are allowed)LocationHomestead Hills is located 2.3 miles from US 281• 16 miles to Burnet• 37 miles to Liberty Hill• 71 miles to downtown Austin

Listing Agent

Andrew Deck

Longhorn Realty, LLC Brokerage Phone: (512) 289-2121 License #0712002 Listed on: 06/10/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3

Lot Details

  • 10.74 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Barbed Wire
  • Many Trees

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Driveway

Property Views

  • Panoramic
  • Woods
  • Hills
  • Seasonal

Home Design

  • Home to be built

Schools

  • Kline Whitis Elementary School
  • Lampasas Middle School
  • Lampasas High School

Additional Features

  • Agricultural
  • Horses Allowed On Property
  • Septic Needed

Community Details

  • Homestead Hills Association
  • Homestead Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118780

Property Details

Property Type

Land

Est. Annual Taxes

$3

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Additional Parcels: No
  • Directions: From Burnet, go north of 281. Turn left onto Burnet-Lampassas Rd (CR 101). Turn left onto Homestead Dr. Turn left onto Reserve Way.
  • Disclosures: See Remarks
  • Fencing: Barbed Wire
  • Other Structures: None
  • Road Surface Type: Concrete
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 289-2121
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 10.37
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions
  • Tax Exemptions: Agricultural
  • Mineral: None
  • Special Features: None

Interior Features

  • View: Hill Country, Panoramic, Trees/Woods
  • Property Condition: To Be Built

Exterior Features

  • Waterfront Features: Dry/Seasonal
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available
  • Water Source: See Remarks

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Annually
  • Association Fee: 400

Association/Amenities

  • Association Name: Homestead Hills
  • Association: Yes
  • Community Features: See Remarks

Schools

  • Elementary School: Kline Whitis
  • High School: Lampasas
  • Middle/Junior School: Lampasas
  • Junior High Dist: Lampasas ISD

Lot Info

  • Lot Features: Agricultural, Cul-De-Sac, Private Maintained Road, Many Trees, Views
  • Parcel Number: 118780
  • Lot Size Acres: 10.74
  • Lot Size Sq Ft: 467834.4
  • Subdivision Name: Homestead Hills

Building Info

  • New Construction: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10.15
  • Tax Map Number: 58
  • Tax Rate: 1.45000000000000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3 $713 $713 --
2023 $3 $698 $698 $0
2022 $3 $753 $753 --
2021 $14 $753 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $184,900 -2.6% --
10/17/2024 10/17/24 Price Changed $189,900 -2.6% --
10/10/2024 10/10/24 For Sale $194,900 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- Independence Title
Vendors Lien -- National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,000 Construction
Previous Owner $135,920 Purchase Money Mortgage
Source: Public Records

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6154663

Unlock MLS (Austin Board of REALTORS®)

APN: 118780