16588 Us Highway 281

Lampasas, TX 76550 · Lampasas County

$1,499,999Price
3Beds
16588 Us Highway 281
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▶ Virtual Tour

Description

DO NOT WAIT! Spectacular opportunity to capitalize on a property which provides an established built-in 12 Pad RV Development, 3 Income Producing Cabins, income producing Garden, (2) Single Family homes, and you still have +/- 15 acres left for further expansion! This stunning property is strategically located with +/- 1700 feet of frontage on N US Hwy 281 and +/- 600 feet of frontage on E FM 581. Current TxDot traffic study indicates +/- 5,000 daily cars pass this site. With the already in process, major Highway 281 expansion from Evant to Lampasas, this property benefits from even more future daily traffic volume and visibility! Many tremendous uses for this property from an ideal location of major Convenience Store/Truck Stop, Restaurant, RV Park and Cabin expansions, Multi Generational, Short Term Rentals, Air BnB, and the list keeps going! The two stunning Single Family Properties on this property include a Historical Home built in +/- 1870. This master piece has been tastefully restored in many ways and is located along Highway 281. This beautiful home was hand crafted with 20" thick stone walls and displays absolutely stunning beam and wood work! Featuring +/- 1500 square feet, 3 bedrooms & 1 bathroom, plus expansive decking and balcony space. It also includes a large underground cellar/storm shelter! The newer 2022 year built, Barndominium features luxurious finishes! 2-story ceilings, extensive recessed lighting, wood cabinetry, granite countertops and a show stopper of a screened Patio overlooking a huge Oak Tree Grove. Featuring +/- 1700 square feet, 3 generously sized bedrooms, 2 full bathrooms, large living/kitchen/dining area plus a separate spacious laundry room. The RV Development is equipped with 12 Large Pad Sites, with full utility hook ups. Additionally, a communal building provides multiple washer/dryers plus 2 additional bathrooms. Don't forget about the 3 Income Producing Cabins featuring bathrooms, kitchens and sleeping spaces!

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT220045285
Taxes$573 (2025) / year
TypeFarm
Year Built2022
Lot Size20.89 AC / 909,968 SF
CountyLampasas
SubdivisionWilliam Jones

Property Information

Interior

See RemarksCeiling Fan(s)Ceiling-VaultedGranite CountersNo Interior StepsOpen FloorplanPrimary Bedroom on MainRecessed Lighting

Exterior

GardenNo Exterior StepsRV Hookup

Appliances

Built-In Electric Range

Community

Kitchen FacilitiesLaundry RoomUnderground UtilitiesTrail(s)

Parking

See RemarksCircular DrivewayGravelOversized

Utilities & Construction

Heat: CentralAC: Central AirConcreteRoof: MetalFoundation: Slab

Directions: From Lampasas, North on US Highway 281. When you get to Adamsville, Property on Right or can turn right on E FM 581 (Blinking Light) and property will be on your right. Can be accessed from N US Hwy 281 and also E FM 581

Location

Property History

DateEventPrice
Mar 1, 2026 Listed (Active) · MLS# ACT220045285 $1,499,999

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Tax Record 2025$573
Year Built2022
Beds3
Lot Size909,968 Sq. Ft.
StyleFarm
CountyLAMPASAS
MLS #ACT220045285

Schools

E
Hanna Springs
Public · Elementary · Serves this home
M
Lampasas
Public · Middle School · Serves this home
H
Lampasas
Public · High School · Serves this home

Please verify enrollment eligibility directly with schools.

$1,499,999
16588 Us Highway 281, Lampasas, TX

By submitting, you agree to be contacted by Col Realty.

Payment Estimate

Estimated monthly payment
Principal & Interest
Property Taxes

For illustrative purposes only. Contact a lender for accurate figures.