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Lampasas 76550
1261 Park Road
$850,000
↓ $25K (2.8%)
● House - For Sale

1261 Park Road

Lampasas, TX 76550
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,048 Ft²
$4,199
Est. Monthly
$25
HOA / Fees

About This Property

Welcome to this stunning 55-acre ag-exempt property in Smith Ranch, Lampasas County a gated Hill Country retreat offering privacy, security, and unmatched access to nature. Improvements include a 1,760 sq ft main home, a 12x24 1 bed 1 bath guest house, and a climate-controlled 12x24 workshop-totaling 2,048 sq ft of living space, ideal for full-time living or a weekend escape. Located within Smith Ranch with an optional POA, owners enjoy maintained roads, gated entry with surveillance, and private access to 4+ miles of the Colorado River across 7 common areas. Conveniently situated across from Colorado Bend State Park, with Post Oak Ridge State Park under development nearby. Utilities include Hamilton County Electric, 1 gig fiber internet, propane, and a private water well producing approximately 18 GPM. Abundant wildlife-whitetail, axis, aoudad, turkey, dove, and quail-complete this exceptional outdoor property. Whether you're looking for a peaceful homestead or recreational getaway, this property delivers the best of Texas country living.
Unit Size
2,048 Ft²
Days on Market
-
Land Size
55.00 acres
Price per sqft
$415
Property Type
House
Property Taxes
-
HOA Dues
$25
Year Built
2021

Listed By

Audrey Bear
Bear Real Estate Services

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Last updated: 2 months ago (NTREIS #21365116)

Price History

Date / Event Date Event Price
Aug 21, 2026 Price Decreased $850,000
↓ $25K (2.9%)
Price Decreased
Aug 20, 2026 Listed by Bear Real Estate Services $874,900
Listed by Bear Real Estate Services
Mar 21, 2026 Withdrawn -
Withdrawn
Oct 25, 2025 Price Decreased $899,000
↓ $26K (2.8%)
Price Decreased
Aug 12, 2025 Price Decreased $925,000
↓ $75K (7.5%)
Price Decreased
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Property Highlights

Air Conditioning
Parking Details
Parking Features: Common
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Open Floorplan, Vaulted Ceiling(s)
Appliances: Gas Range, Microwave, Refrigerator
Flooring Type: Concrete
Laundry Features: Utility Room
Exterior Details
Square Footage: 2048
Architectural Style: Farmhouse
Year Built: 2021
Waterfront Features: River Front
Levels: One
Other Structures: Outbuilding
Construction Materials: Board & Batten Siding
Patio and Porch Features: Covered
Lot Features: Acreage
Lot Size Area: 55
Lot Size Units: Acres
Lot Size Acres: 55
Lot Size Square Feet: 2395800
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Location Details
HOA Fee: $300
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,395,800
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,816
  • Gross Building Area: 2,816
  • Building Area: 2,816
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THOMAS R STIFF SURVEY ABST NO 602
  • Land Acres: 0000055000
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: ACR: 55 ACRES ABST: 0602 SURV: THOMAS R STIFF LOCCD:108

Neighborhood

  • School District Name: Lampasas Independent School District
  • Census Tract: 950100

Geography

  • Account Number: 20602-020-371-00
  • Parcel: 12828
  • Municipality: LAMPASAS
  • Latitude: 31.0591
  • Longitude: -98.442

    Address

  • Full Address: 1261 Park Rd
  • Address - House Number: 1261
  • Address - Street Name: Park
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Lampasas
  • Carrier Code: R002
  • 4-Digit Zip Code: 2637
  • Zip Code: 76550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $203,109
  • Tax Rate Code Area: LAM R&B SL

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 933,319
  • High Value: 1,158,914
  • Low Value: 707,724

    Market Valuation

  • Market Total Value: $668,790
  • Market Land Value: $412,500
  • Market Improvement Value: $256,290

    Assessments Valuation

  • Assessed Year: 2023

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lampasas


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Frequently Asked Questions

When was property at 1261 Park Road built and last sold?
The property at 1261 Park Road was built in 2021 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1261 Park Road is $838,398.
What are some comparable homes to 1261 Park Road?
There are currently no comparable homes to 1261 Park Road.