$184,000
↓ $31K (14.4%)
●
Land -
For Sale
Lot 138 High Point DR
Kempner, TX 76539
Studio
0 Bath
$981
Est. Monthly
$76
HOA / Fees
About This Property
Looking for a peaceful retreat with amazing views and wildlife?
Check out this 9.31-acre property in a gated subdivision, where you
can build your dream home overlooking a scenic canyon, hillsides,
sunsets and a majestic oak tree. You'll have access to the Lampasas
River, a community park, and hundreds of exotic animals that roam
freely in the area. You'll also benefit from low taxes thanks to
the wildlife exemption. This property has electricity, level
homesites, and friendly covenants to ensure your satisfaction.
Don't wait, this is a rare opportunity to own a slice of paradise,
only 70 miles from Austin and 30 minutes from Lampasas and Killeen.
You need to see it in person to understand the true opportunity
this land offers.
Unit Size
-
Days on Market
-
Land Size
9.31 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1
HOA Dues
$76
Year Built
-
Listed By
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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: 11 months ago (Unlock MLS #ACT3685224)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 11, 2025 | Price Decreased |
$184,000
↓ $31K
(14.4%) | |
| Price Decreased | |||
| Dec 15, 2023 | Listed by Keller Williams Realty | $215,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
With View
Exterior Details
Waterfront Features: See Remarks
Other Structures: None
Lot Features: Back Yard, Bluff, Cul-De-Sac, Front Yard, Gentle Sloping, Native Plants, Wooded, Many Trees, Views
Lot Size Area: 405543.6
Lot Size Units: Square Feet
Lot Size Acres: 9.31
Lot Size Square Feet: 405543.6
Water Source: Well
Financial Details
Tax Map Number: 138
Tax Assessed Value: $698
Tax Annual Amount: $10
Utilities Details
Sewer : Septic Needed
Location Details
HOA/Condo/Coop Fee Includes: Security
HOA/Condo/Coop Amenities: Picnic Area
HOA Fee: $912
HOA Fee Frequency: Annually
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Burnet
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Currently no similar homes aroundNearby Rentals
Listed by: Vernon Reinhardt
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2025-11-11 04:13:19
Data Source: Unlock MLS, MLS# ACT3685224
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2025-11-11 04:13:19
Data Source: Unlock MLS, MLS# ACT3685224
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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