659 Shin Oak DR
About This Property
This property sits on 5.3 beautiful acres and is ag exempt, helping keep property taxes lower. The land offers a prime home build site overlooking a valley, where you can enjoy sunrise coffee and wide-open sunsets. You truly get views for miles.
The community is gated, giving you added peace of mind, while still allowing flexibility with light restrictions. Build your dream home, bring your vision, and enjoy the quiet country setting. The property is also Starlink friendly, making it a great option for remote work or streaming under the stars.
Living here feels peaceful and serene. It's quiet. You hear the wind and birds instead of traffic. At night, the sky feels big and bright. During the day, the land feels open and free. It's the kind of place where life slows down and feels cozy and calm.
If you are searching for:
Secluded land in Burnet County
Acreage in Lampasas ISD
Ag exempt property
Gated community with light restrictions
Hill country land with valley views
Starlink friendly rural property
This 5.3 acre homesite checks all the boxes.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 5, 2026 | Price Decreased |
$99,995
↓ $15K
(13.1%) | |
| Price Decreased | |||
| Feb 19, 2026 | Listed by Always Here Properties, Llc | $115,000 | |
| Listed by Always Here Properties, Llc | |||
| Feb 2, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 22, 2025 | Listed by Horseshoe Bay Living 2, LLC | $98,000 | |
| Listed by Horseshoe Bay Living 2, LLC | |||
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Priced just below market value, this 5.3-acre homesite in the gated community of Cross Timber Ranch offers the opportunity to own a meaningful piece of the Texas Hill Country. With sweeping views, mature native trees, and roaming wildlife, it’s easy to see why this area has long been cherished for homesteads and retreats alike. Located just 6 miles from Lampasas and approximately 20 minutes from Burnet, the property offers a rare balance of privacy, peace, and accessibility.
This AG-exempt property keeps taxes incredibly low (under $10/year) and features paved asphalt roads, electricity at the lot line, and high-speed internet availability. Light restrictions allow flexibility in building, including barndominiums and tiny homes, so you can create a space that reflects your vision and lifestyle.
Enjoy daily sightings of Axis, Whitetail, Red Stag, Aoudad, Blackbuck, and Wild Turkey, along with Hill Country sunsets and wide-open skies. The land is part of a managed Grazing Association with annual dues of $912, which helps maintain the AG exemption and preserve the natural character of the community.
Located in Burnet County at 659 Shin Oak Dr, Lampasas, TX 76550, within Lampasas ISD and on the LISD bus route via FM 1468. Whether you’re planning a weekend escape, a family homestead, or a long-term investment, this property offers space, scenery, and freedom to build something lasting.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017