247 E Farm To Market 581 Lometa, TX 76853
Estimated payment $5,187/month
Highlights
- Corral
- 86 Acre Lot
- Agricultural
- Home fronts a creek
- View of Hills
- Gentle Sloping Lot
About This Lot
Offered at $980,000, this is an opportunity to own an 86 acre property with incredible views, highway frontage and investment potential in one of the Hill Country’s most sought-after regions. Location: Located just minutes from Lometa, this 86-acre Hill Country ranch offers sweeping long-range views, approximately 1700 feet of Highway 581 frontage, and exceptional versatility for cattle, recreation, or investment. A seasonal creek winds through the property, enhancing its natural character and appeal. The ranch is easily accessible from both Highway 581 and County Road 2745—just 9 minutes from Lometa and roughly 1 hour and 30 minutes from Austin. With electricity on-site and a water line along Highway 581, this property is well-positioned for future development, a premier homestead, or continued agricultural use. History: This parcel was once part of the historic Wagon Wheel Ranch — a notable operation recognized for its high-quality horse breeding and cattle program throughout much of the 20th century. The land reflects the authentic ranching heritage that defines this region, offering a rare opportunity to own a piece of Hill Country history with investment potential. Land: Situated in the heart of Lampasas County, this 86-acre ranch offers a blend of usability, scenic beauty, and investment potential. The land is primarily flat with gentle rolling terrain, providing exceptional grazing opportunities for cattle or other livestock. A wet-weather creek meanders through the property, adding natural character and seasonal water features that enhance both ranching and recreational appeal. Electricity is on-site, and a community water line runs along FM 581—making this ranch well-suited for development, continued agricultural use, or long-term investment. Property is currently under Agriculture exemption.
Listing Agent
Allen Cowden, Broker Brokerage Phone: (214) 693-9436 License #0785733 Listed on: 11/10/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $267
Lot Details
- 86 Acre Lot
- Home fronts a creek
- Gentle Sloping Lot
Property Views
- Hills
- Seasonal
Home Design
- Ranch Property
Schools
- Lometa Elementary And Middle School
- Lometa High School
Additional Features
- Agricultural
- Corral
Listing and Financial Details
- Assessor Parcel Number 155748
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | For Sale | $980,000 | -- | -- |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8349622
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