$425,000
↓ $10K (2.3%)
●
Mobile Manufactured -
For Sale
389 County Road 1281
Lampasas, TX 76550
4 Beds
3 Baths
2,176 Ft²
$2,420
Est. Monthly
About This Property
Escape to this move-in-ready, 2,176 sq ft Hill Country retreat!
Built in 2016, this spacious 4-bed, 3-bath manufactured home sits
on 10 private acres on a quiet dead-end road with zero traffic
noise. Perfect for horse lovers, the property offers stunning views
and room to roam, all just 12 miles from Lampasas.
Unit Size
2,176 Ft²
Days on Market
-
Land Size
10.00 acres
Price per sqft
$195
Property Type
Mobile Manufactured
Property Taxes
$332
HOA Dues
-
Year Built
2016
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: 2 months ago (Unlock MLS #ACT3949324)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2026 | Price Decreased |
$425,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by Texas Real Estate Sales | $435,000 | |
| Listed by Texas Real Estate Sales | |||
| May 19, 2022 | Sold | ||
| Sold | |||
| Apr 13, 2022 | Listed by BEAR REAL ESTATE SERVICES | $399,000 | |
| Listed by BEAR REAL ESTATE SERVICES | |||
| | |||
|
10 acres AG exempt with newer manufactured home (2016) is fully fenced and cross fenced. This 2176 sqft 4 bedroom, 3 bathroom home has a great split floor plan. Get away from it all. Bring your chickens, goats and horses the property is fully fenced. This already has the engineered retrofit foundation. There is an extra septic tank on the property. Lot is irregularly shaped you see survey.
| |||
| Jan 31, 2020 | Listed by Bear Real Estate Services | $228,900 | |
| Listed by Bear Real Estate Services | |||
| | |||
|
This 2016 Manufactured double wide home sits on 10 acres west of Lampasas. Ag Exemptions are in place. Its a 4/3, 2,176 sq ft of spacious open living, dining, kitchen that makes it great for get-togethers. There's a wrap around deck on back that is partially covered so you can enjoy your coffee and sunrises. The wooded acreage off to the backside of property gives you some hunting opportunities right out your back door! Perfect place to raise some goats, chicks, or other small livestock. Come take a look today, it won't last long!! New survey will be done before closing. Arial photo is approximate and for visual information purposes only... not to scale. There is an extra septic tank on the back side of property.
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Parking Features: Gravel, Open, Outside, Unpaved
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Ceiling Fan(s), Granite Counters, Double Vanity, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s), Primary Bedroom on Main
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, RNGHD
Flooring Type: Laminate, Vinyl
Exterior Details
Square Footage: 2176
Square Footage Source: $0
Green Sustainability
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Resale
Year Built Source: Public Records
Year Built: 2016
Waterfront Features: None
Levels: One
Other Structures: None
Window Features: Aluminum Frames, ENERGY STAR Qualified Windows, Screens
Construction Materials: Concrete, Frame, HardiPlank Type
Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch
Pool Features: None
Lot Features: Back Yard, Front Yard, Level, Native Plants, Wooded
Lot Size Area: 435600
Lot Size Units: Square Feet
Lot Size Acres: 10
Lot Size Square Feet: 435600
Water Source: Public
Financial Details
Tax Map Number: 4
Tax Assessed Value: $251,573
Tax Annual Amount: $3,986
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lampasas
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Listed by: Leah Caruthers
Listed Office: Texas Real Estate Sales - Listing courtesy of Unlock MLS
Phone: (512) 556-9090
Last Updated: 2026-08-12 04:04:13
Data Source: Unlock MLS, MLS# ACT3949324
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Texas Real Estate Sales - Listing courtesy of Unlock MLS
Phone: (512) 556-9090
Last Updated: 2026-08-12 04:04:13
Data Source: Unlock MLS, MLS# ACT3949324
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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