149 County Road 103
About This Property
This scenic Hill Country property features gently rolling topography, quality soils, and dense oak and native tree cover, creating a picturesque setting with multiple prime homesites. Whether you're looking to build your dream home or create a private weekend retreat, this property offers exceptional versatility.
The ranch is currently ag exempt and well suited for a variety of uses including a homestead, family getaway, hunting, or recreational activities. The abundant tree cover and peaceful surroundings provide both privacy and natural beauty, making this one of the most attractive tracts in Burnet County.
Electricity is available at the county road, with a water well and septic system required.
Enjoy the convenience of nearby highway access to Burnet and Lampasas while experiencing the quiet charm and wide-open space of your own Hill Country acreage.
Sensible restrictions are in place, and additional acreage may be available.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2026 | Price Decreased |
$1,073,500
↓ $77K
(6.7%) | |
| Price Decreased | |||
| Oct 30, 2024 | Listed by Texas Ranch Brokers LLC | $1,150,000 | |
| Listed by Texas Ranch Brokers LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017