247 E Fm 581 Lometa, TX 76527
Estimated payment $6,155/month
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: Set in the heart of the Texas Hill Country, Lometa traces its roots back to the late 1800s, when the Gulf, Colorado & Santa Fe Railway extended west from Lampasas and established the small ranching town in 1885. The area quickly became known as a vital trade and shipping hub for livestock, wool, and cedar, surrounded by productive ranch land and rolling terrain. 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. Whether you’re looking to expand your cattle operation, establish a private ranch getaway, or secure a quality land asset in a growing region of Central Texas, this Lometa property checks the box.
Wildlife: These 86 acres offers native Texas wildlife, with open pasture, native grasses and light tree cover along the wet weather creek. Whitetail deer, dove and occasional hogs roam the property. The rolling terrain provides multiple vantage points for blinds or future food plots, while the balance of cover and grazing area support a healthy wildlife population year-round. The property is under Ag Exemption and acts as a great cattle property.
The information is deemed reliable but is not warranted by Broker or Seller, express or implied, and is subject to change, prior sale, errors and/or omissions and withdrawal from market. Buyers and their agents must verify the accuracy of representations on their own, review Gillespie County laws and regulations, and draw their own conclusions regarding the usefulness and value of the property for a given purpose. SHOWN BY APPOINTMENT ONLY, DO NOT TRESPASS. Listing Agent or Associate to accompany all showings.
Buyers brokers must be identified on first contact and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be at the sole discretion of Helbing Land and Ranch, Tyler Helbing, Agent.
Property Details
Property Type
- Land
Utilities
- Overhead Utilities
- Private Water Source
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 | -- | -- |
- 0 Firefly Rd Unit 568987
- 0 County Road 226
- 310 W Main St
- 292 Fm 970
- 101 West Ave Unit LOVE
- 104 W Curry St
- 202 Brewster Ave
- 2350 County Road 228
- County Road 228
- 0 Tbd County Road 243
- 303 Brewster Ave
- 101 Fm 970
- 504 Story Ave
- 506 Story Ave
- 504 S Story Streets
- 120 Preslar Ave
- 973 N Patterson Ave
- 103 W Tomlinson St
- 104 East Ave
- 501 College Ave
- 103 W Tomlinson St
- 100 Sullivan
- 100 Sullivan
- 1050 Fm 970 Unit B
- 51 Private Road 901
- 315 Bluestem Cove
- 308 Millbend Rd
- 124 Millbend Rd
- 132 County Road 247
- 29600 Ronald Reagan Blvd Unit B1 2307
- 29600 Ronald Reagan Blvd Unit A2 1308
- 29600 Ronald Reagan Blvd Unit 2100
- 29600 Ronald Reagan Blvd Unit C1 5300
- 29600 Ronald W Reagan Blvd
- 2340 Sawdust Dr
- 321 Coda Crossing
- 517 Coda Crossing
- 500 Veneta Ln
- 312 Kitty Hawk Rd
- 204 Monument Hill Trail