Check Availability
$790,000
● House - For Sale

388 cr 3500

Lampasas, TX 76550
bedrooms
4 Beds
bathrooms
4 Baths
$3,880
Est. Monthly

About This Property

Discover a rare opportunity to own this remarkable 5,054 sq. ft. barndominium situated on 19.25 peaceful acres, fully fenced and cross-fenced for livestock, ranching, or multi-generational living. Owners are currently transitioning the property to a bee exemption for potential tax benefits. This impressive metal-structure home is partially completed and ready for your personal vision and finishing touches. Designed with an open-concept layout, the property features a stunning double-sided fireplace, beautiful roll-up doors, and even an underground shipping container, creating endless possibilities for a luxury barndominium, workshop, entertainment space, or expansive family retreat. Electrical and plumbing rough-ins are already in place, helping simplify the completion process. Additional improvements include a spacious 2,356 sq. ft. garage with a 1-bedroom, 1-bath apartment ideal for guests, extended family, rental potential, or a caretaker's quarters. A pole barn and additional shop provide ample space for equipment, hobbies, storage, or recreational vehicles. The land itself offers natural beauty with a wet-weather creek and seasonal ponds, enhancing the peaceful country setting. The owner is in the process of converting from their previous Ag Exemption to Bee Exemption, offering the advantage of reduced property taxes. Perfect for a buyer with creativity and vision, this one-of-a-kind property offers the chance to create a dream homestead, private retreat, income-producing investment, or legacy ranch property with endless potential.
Unit Size
-
Days on Market
-
Land Size
19.25 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008

Listed By

Audrey Bear
Bear Real Estate Services

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Last updated: 3 months ago (NTREIS #21099457)

Price History

Date / Event Date Event Price
Oct 29, 2025 Listed by Bear Real Estate Services $790,000
Listed by Bear Real Estate Services
Nov 18, 2018 No longer available -
No longer available
Aug 25, 2018 Relisted $499,900
Relisted
Aug 14, 2018 No longer available -
No longer available
Jun 19, 2018 Listed $499,900
Listed
Nice Farmhouse on 44 acres in Lampasas County! This 3 Bedroom, 3 Bath could be your perfect Home Sweet Home! Lots of patios and large trees for fun outdoor living and entertaining! Beautiful 39 acres features a variety of large trees, rolling hills, nice views, good hunting and native grasses. A creek runs through the back of the property, and there is one stock tank. Some of the homes features include, Central Air & Heat, some original hardwood flooring, French doors leading to large covered patio and double paned windows for efficiency. The manager has listed the unit size as 1733 square feet.

Property Highlights

Air Conditioning
Fireplace
Parking Details
Parking Features: Additional Parking
Interior Details
Full Bathrooms: 4
Interior Features: Open Floorplan
Appliances: Electric Oven, Electric Water Heater
Laundry Features: Utility Room
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Exterior Details
Architectural Style: Barndominium
Year Built: 2022
Levels: One
Construction Materials: Aluminum Siding, Brick, Vinyl Siding, See Remarks
Lot Features: Acreage
Lot Size Area: 19.25
Lot Size Units: Acres
Lot Size Acres: 19.25
Lot Size Square Feet: 838530
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • 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: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,433
  • Gross Building Area: 2,433
  • Building Area: 2,433
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,733
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1008
  • County Land Use Code: E
  • Legal Description 1: ACR: 1 ACRE ABST: 0483 SURV: HARRISON MILLER LOCCD:108

Neighborhood

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

Geography

  • Account Number: 20483-050-000-10
  • Parcel: 11571
  • Municipality: LAMPASAS
  • Latitude: 31.1673
  • Longitude: -98.1701

    Address

  • Full Address: 388 County Road 3500
  • Address - House Number: 388
  • Address - Street Name: County Road 3500
  • State: TX
  • City Name: Lampasas
  • Carrier Code: H003
  • 4-Digit Zip Code: 1377
  • Zip Code: 76550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $250,663
  • Tax Rate Code Area: LAM R&B SL

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 70
  • Final Value: 375,730
  • High Value: 456,922
  • Low Value: 294,538

    Market Valuation

  • Market Total Value: $315,020
  • Market Land Value: $60,000
  • Market Improvement Value: $255,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,020
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $255,020

    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 388 Co Rd 3500 built and last sold?
The property at 388 Co Rd 3500 was built in 2008 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 388 Co Rd 3500 is $797,900.
What are some comparable homes to 388 Co Rd 3500?
There are currently no comparable homes to 388 Co Rd 3500.