$599,900
●
House -
Off Market
111 County Road 107 N
Lampasas, TX 76550
3 Beds
2 Baths
1,925 Ft²
$3,192
Est. Monthly
3.81%
Cap Rate
About This Property
20 UNRESTRICTED ACRES! Incredible opportunity to own a ranch house
or second home in the Texas Hill Country!
Strategically positioned 80 miles NW of Austin, 18 miles North of Burnet and 21 miles South of Lampasas, offering the perfect balance between proximity and seclusion.
Perched on a hilltop with horizon-to-horizon views sits a remodeled 1900 farmhouse. Sitting on 20 acres with views for miles, the 3BR/2BA Farmhouse boasts a classic design with a front and back porch, perfect for enjoying the captivating views of the rolling hills.
Step inside to discover a cozy and well-appointed interior featuring three bedrooms and two bathrooms, providing ample space for family living or hosting guests.
Water for the home is provided by a private well.
Detached 2 car garage with plenty of space for a workshop and washer/dryer area room.
Abundant wildlife includes white tail deer, turkey, black buck antelope, turkey and hogs.
The property features rolling hills, mature trees, and stunning views of the Texas Hill Country landscape, offering a serene backdrop for outdoor activities and relaxation.
Whether you're looking for a full-time residence, a vacation getaway, or a tranquil retreat to call your own, this house on 20 private Texas Hill Country acres offers a rare opportunity to embrace the beauty of nature and the charm of country living. Welcome home to your own piece of paradise in the Texas Hill Country.
Strategically positioned 80 miles NW of Austin, 18 miles North of Burnet and 21 miles South of Lampasas, offering the perfect balance between proximity and seclusion.
Perched on a hilltop with horizon-to-horizon views sits a remodeled 1900 farmhouse. Sitting on 20 acres with views for miles, the 3BR/2BA Farmhouse boasts a classic design with a front and back porch, perfect for enjoying the captivating views of the rolling hills.
Step inside to discover a cozy and well-appointed interior featuring three bedrooms and two bathrooms, providing ample space for family living or hosting guests.
Water for the home is provided by a private well.
Detached 2 car garage with plenty of space for a workshop and washer/dryer area room.
Abundant wildlife includes white tail deer, turkey, black buck antelope, turkey and hogs.
The property features rolling hills, mature trees, and stunning views of the Texas Hill Country landscape, offering a serene backdrop for outdoor activities and relaxation.
Whether you're looking for a full-time residence, a vacation getaway, or a tranquil retreat to call your own, this house on 20 private Texas Hill Country acres offers a rare opportunity to embrace the beauty of nature and the charm of country living. Welcome home to your own piece of paradise in the Texas Hill Country.
Unit Size
1,925 Ft²
Days on Market
-
Land Size
20.41 acres
Price per sqft
$312
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1900
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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 #ACT4584465)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2024 | In contract | - | |
| In contract | |||
| Apr 30, 2024 | Price Decreased |
$599,900
↓ $25K
(4%) | |
| Price Decreased | |||
| Mar 4, 2024 | Listed by Ranch Investments | $625,000 | |
| Listed by Ranch Investments | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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HOA + Taxes
About Burnet
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Listed by: Monica Burton
Listed Office: Ranch Investments - Listing courtesy of Unlock MLS
Phone: (800) 447-8604
Last Updated: 2024-08-20 06:06:26
Data Source: Unlock MLS, MLS# ACT4584465
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Ranch Investments - Listing courtesy of Unlock MLS
Phone: (800) 447-8604
Last Updated: 2024-08-20 06:06:26
Data Source: Unlock MLS, MLS# ACT4584465
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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