$190,000
●
House -
Off Market
00 CR 0103 #3
Lampasas, TX 76550
Studio
0 Bath
$937
Est. Monthly
12.61%
Cap Rate
About This Property
Great price for this 10.00+/- acres, between Lampasas and Burnet.
The property is one hour to Austin, 45 minutes to Cedar Park and
Georgetown, and 35 minutes to Liberty Hill. It is just a few
minutes off Hwy 281 on paved CR 103. Great opportunity to build
your dream home or have a Hill Country get-a-way.
The topography on the ranch has a gently sloping topography, good soil, and thick oak cover. The property is ag exempt and electricity is on the county road. Well and septic required. This ranch is well suited for use as a homestead, family retreat, hunting and all types of recreation. Sensible restrictions. More land available.
The topography on the ranch has a gently sloping topography, good soil, and thick oak cover. The property is ag exempt and electricity is on the county road. Well and septic required. This ranch is well suited for use as a homestead, family retreat, hunting and all types of recreation. Sensible restrictions. More land available.
Unit Size
-
Days on Market
-
Land Size
10.01 acres
Price per sqft
-
Property Type
House
Property Taxes
$3
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Unlock MLS #ACT8484729)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by Texas Ranch Brokers LLC | $190,000 | |
| Listed by Texas Ranch Brokers LLC | |||
Property Highlights
Exterior Details
Property Type: Farm
Property Sub Type: Ranch
Property Condition: Good
Year Built Source: Public Records
View Desription: Hill Country
Fencing: Barbed Wire
Lot Features: Many Trees, See Remarks
Lot Size Acres: 10.01
Lot Size Square Feet: 436035.6
Financial Details
Tax Year: 2023
Tax Annual Amount: $39
Utilities Details
Utilities For Property: Electricity Available, See Remarks
Location Details
Directions: From Burnet go north on Hwy 281 towards Lampasas, ta a left onto Dobyville Cemetery Rd, turn right on CR 103 travel approximately 3.5 miles property will be on the left side.
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/22/2024
|
Studio
|
-
|
-
|
$150,000
Studio
-
|
-
-
|
John Colvin
Texas Ranch Brokers, LLC
| |
|
07/22/2024
|
Studio
|
-
|
-
|
$150,000
Studio
-
|
-
-
|
John Colvin
Texas Ranch Brokers, LLC
| |
|
07/16/2024
|
Studio
|
-
|
-
|
$190,000
Studio
-
|
$190,000
07/16/2024
|
John Colvin
Texas Ranch Brokers, LLC
|
Building Info
About Lampasas
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Listed by: Mike Bacon
Listed Office: Texas Ranch Brokers LLC - Listing courtesy of Unlock MLS
Phone: (512) 756-7718
Last Updated: 2024-08-21 06:20:42
Data Source: Unlock MLS, MLS# ACT8484729
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Texas Ranch Brokers LLC - Listing courtesy of Unlock MLS
Phone: (512) 756-7718
Last Updated: 2024-08-21 06:20:42
Data Source: Unlock MLS, MLS# ACT8484729
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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