Lampasas Properties between $1,000,000 and $1,500,000 for Sale

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Newest Lampasas Properties between $1,000,000 and $1,500,000 for Sale

$1,050,000

628496 MLS

This bundled investment opportunity includes 3 complexes with a total of 9 units, all currently fully occupied. An excellent opportunity for investors looking to expand their rental portfolio with an established, income-producing property and tenants already in place. A fantastic opportunity for investors to acquire a portfolio of three multifamily properties, featuring a total of 9 rental units, all currently occupied! Building 1 – 306 S Walnut Fourplex with 4 units Each unit features 2 bedrooms and 1 bathroom One carport space per unit Building 2 – 203/205 W 3rd Street Duplex with 2 units Each unit features 2 bedrooms and 1.5 bathrooms One-car garage per unit Building 3 – 208/210 S Ridge and 403 W 2nd Triplex with 3 units Each unit features 2 bedrooms and 2 bathrooms One-car garage per unit Investment Highlights -9 total rental units -All units currently rented -A mix of fourplex, duplex, and triplex properties -Two-bedroom floor plans in every unit -Dedicated covered parking or garage spaces for every unit Whether you're expanding an existing rental portfolio or looking to invest in income-producing real estate, this is an excellent opportunity to own multiple rental properties with established occupancy. Don't miss your chance to add these income-producing properties to your investment portfolio!

306 S Walnut Street, Lampasas

Courtesy of Bumpus Real Estate

$1,080,000

628083 MLS

New fences. Most of the Cedar was cleared, however, enough cover was left for wildlife and domestic animals. There is a wet weather creek that runs through the property. Donelson Creek. There are numerous locations for a lake to be built. Has one cross fence that allows grazing and haying to be separate. Approximately 45 acres of klien grass was planted and baled this year.

2600 County Road 1320, Lampasas

Courtesy of Donlie McMullin Realty

$1,200,000

4 Beds ⋅ 3 Baths ⋅ 627720 MLS

Experience country living on this exceptional 30-acre property located approximately 20 minutes from Copperas Cove, Gatesville, and Lampasas. Situated in a small private community with an automatic gated entrance, this fully fenced property features two sections of approximately 20 and 10 acres, a stock pond, and beautiful oak trees. Built in 2020, the 2,600+ sq. ft. home offers 4 bedrooms, 3 bathrooms, and an inviting open layout. The vaulted living room showcases a stunning white rock fireplace extending to the ceiling, while large front windows capture views across the valley. The spacious kitchen features a gas range, pot filler, oversized pantry, large island with seating, abundant storage, and pull-out shelves. Enjoy the long covered front porch, covered back patio, and covered carport. The home has a private well with storage tank, whole-house reverse osmosis system, and septic. A separate fence keeps the home area apart from livestock. The enclosed pool pavilion is an entertainer’s dream, featuring a heated, lighted pool, hot tub, generous gathering space, and projector for movie nights. A tornado shelter provides added peace of mind. For work and storage, the property includes a 30x40 shop with two oversized garage doors and a vehicle lift, plus two additional large covered structures for RVs and equipment, with storage space and a single-car garage with dirt floor. A medium-sized tractor with air-conditioned cab conveys. Embrace the homestead lifestyle with a greenhouse, 18 raised garden beds, rain catchment, fruit trees, and established perennials including blackberries and grapes. The property also includes cattle, goats, approximately 8 Jersey Giant chickens with mobile coop, a Great Pyrenees livestock guardian dog, and three beehives. Animals and tractor convey. With a stock pond, acreage, mature trees, entertaining spaces, and established homestead features, this remarkable property offers a rare opportunity to enjoy country living.

15103 Ranch Road 101, Lampasas

Courtesy of Compass RE Texas, LLC

$1,250,000

2 Beds ⋅ 1 Baths ⋅ 627182 MLS

Turn-Key Family Hunting Retreat Just North of Lampasas, TX Create a lifetime of outdoor memories with family on this exceptional 95+- acre recreational ranch located just 7 miles north of Lampasas. With a wildlife exemption already in place for low property taxes, this turnkey ranch is ready for hunting weekends, family getaways, holiday traditions, or full-time country living. The property offers outstanding wildlife habitat and hunting opportunities for whitetail deer, turkey, dove, occasional quail, and seasonal ducks on the spring-fed pond. For young outdoorsmen and anglers, the pond provides excellent fishing for largemouth bass and sunfish, making it easy to introduce the next generation to the outdoors right from your own property. A newly upgraded chip-sealed road leads from the county road to a beautifully remodeled 840 sqft home updated in 2019. The comfortable 2-bedroom, 1-bath home features a welcoming living room, dining area, and kitchen, along with a spacious 364 sqft covered front porch— perfect for enjoying sunrises, watching wildlife, or sharing stories after a successful day in the field. Additional improvements include a matching 240 sqft storage barn with electricity, rainwater collection system with a 9,592- gallon water storage tank, septic system, electric service, and septic-ready RV parking for visiting family and friends. Gather around the large outdoor fire pit for s’mores and campfire stories, tend the raised garden beds, or simply enjoy the peace and privacy of the Texas countryside. Whether you're teaching your children to hunt, spending weekends fishing by the pond, exploring the ranch on ATVs, or creating a family legacy property to enjoy for generations, this ranch offers the perfect blend of recreation, comfort, and country living. With many items conveying, this fully equipped and turnkey ranch is ready to hunt, fish, relax, and make memories from day one.

2555 County Road 1139, Lampasas

Courtesy of Shipley Ranches LLC

$1,200,000

4 Beds ⋅ 2 Baths ⋅ 623854 MLS

Discover your own piece of the Texas Hill Country with this beautiful 65-acre property that is booming with character and diversity. Offering a great combination of privacy, recreation, and scenic beauty, this property features beautiful Hill Country views and plenty of room to explore. The acreage, equipped with mature trees, a wet weather creek and pond, provides excellent opportunities for hunting and wildlife watching, with the space and natural habitat outdoor enthusiasts are looking for. Whether you're searching for a weekend hunting retreat, recreational getaway, future homesite, or your own private escape from the city, this property offers endless possibilities. Enjoy peaceful Texas sunsets, wide-open skies, and the freedom that comes with owning 65 acres in desirable Burnet County.

745 S Rocky Trail, Lampasas

Courtesy of Always Here Properties, Llc

$1,375,000

4 Beds ⋅ 3 Baths ⋅ 621763 MLS

This land can be adjusted to fit your budget! Welcome to ultimate privacy and luxury in Burnet County with this home on its 29.5 fenced and gated acres. Nestled among mature oak trees with complete seclusion, this 2025 custom home offers 3,220 sq. ft. of exquisitely crafted living space. Soaring 12-foot ceilings and abundant natural light highlight the main living area, separate dining space, and a chef’s kitchen featuring an oversized island, walk-in pantry, snowy white granite, and rich gold hardware. The split-bedroom floor plan ensures total privacy for the primary retreat, complete with a spa-like walk-in shower and a dedicated mini-split for custom climate control. Outdoors, enjoy expansive front and back covered patios. A 2-car garage features separate living quarters with a private bedroom, bath, and living area—ideal for multi-generational living or guests. Additional amenities include a 30x50 metal shop with roll-up doors, a fully fenced perimeter, and a versatile run ready for dogs, chickens, or livestock. Perfectly located between Lampasas and Burnet.

4211 County Road 103, Lampasas

Courtesy of Texas Real Estate Sales

$1,125,000

2 Beds ⋅ 2 Baths ⋅ 619223 MLS

76.762 Acres of Beautiful Texas Hill Country Experience the beauty and tranquility of 76.762 acres of prime Texas Hill Country, featuring both Lucy Creek and Little Lucy Creek, two stock tanks, rolling hills, and breathtaking hilltop views that stretch for miles. The ranch includes a charming 2-bedroom, 2-bath home with a spacious living area, a cozy fireplace, and a large picture window that overlooks the covered porch, landscaped yard, and abundant wildlife. Enjoy watching deer, turkey, quail, and a variety of native birds from the comfort of your home. The property is well-equipped for ranching, recreation, or a weekend retreat, offering: • Large workshop with a concrete slab and electricity, with potential for use as an RV garage. • Two-car carport. • Large hay shed. • Quality pipe working and holding pens for cattle. • Two stock tanks for livestock and wildlife and fishing. • Scenic rolling terrain with exceptional hilltop views. • Beautiful stretches of Lucy Creek and Little Lucy Creek. • Great hunting Whether you're looking for a working ranch, a hunting property, or a peaceful Hill Country getaway, this exceptional property offers a rare combination of natural beauty, functional improvements, and outstanding views.

3250 CR 2207, Lampasas

Courtesy of D H Land Company

$1,449,000

3 Beds ⋅ 2 Baths ⋅ 610719 MLS

Investors Compound! Who will seize the opportunity to grab these 6 Rentals on 1.40 acres in Lampasas. This property could also easily be zoned Retail, being it is surrounded by others (buyers responsibility to confirm with city). The main house is owner occupied, approx. 2372 sq ft 3 2 with open floor plan, tile flooring through out, a back patio for entertaining, detached garage, large fenced yard, metal roof. Rental 11 is approx. 800 sq ft 2 1, stucco siding with fenced yard. Both sets of Duplex are approx. 906 sq ft. brick homes, recently updating, with carports. (buyers responsibility to verify sq ft). Tenants are month to month renters. See agent remarks.

1707 E Fourth St, Lampasas

Courtesy of Bear Real Estate Services

$1,106,700

35267293 MLS

93 Acres Near Lampasas–Prime Development Opportunity with Panoramic Views. Ideally located just minutes from the Lampasas city limits, this exceptional 93-acre ranch offers a blend of wide-open space, convenience, and long-range Hill Country views. Gently rolling terrain and multiple elevated homesites provide sweeping vistas that stretch for miles—perfect for unforgettable Texas sunsets. The land is fully fenced and includes an existing water well plus a pond that adds character and could be enhanced as rainfall returns. Whether you’re planning a private ranch estate, family compound, or residential development, this tract is well-positioned to fit a variety of visions. Close proximity to Lampasas High School and quick access to in-town amenities make it especially appealing for future development, while the property still retains a peaceful, rural feel. Large acreage this close to town—with views, existing infrastructure, and strong long-term potential—is increasingly hard to find.

Tbd Lampasas Burnet Rd, Lampasas

Courtesy of Compass RE Texas, LLC - Houston

Listing courtesy of Listing Agent: Rick Doak (rick.doak@compass.com) from Listing Office: Compass RE Texas, LLC - Houston.

$1,149,000

4 Beds ⋅ 4 Baths ⋅ 607947 MLS

Located just 10 minutes from Lampasas and 30 minutes from Burnet, this exceptional custom home on 17 picturesque acres offers quality craftsmanship, thoughtful design, and extensive upgrades throughout. Beautiful hickory cabinetry, custom baseboards, and timeless finishes blend rustic charm with modern comfort. The spacious floor plan features multiple living areas, ideal for a second living room, game room, media room, home office, or private guest quarters. Designed with convenience and accessibility in mind, much of the home—including the kitchen, living room, dining area, and secondary living space—features wider doorways and accessibility-friendly design. Additional features include a spacious walk-in shower with grab bars, an accessible vanity, and a bidet. The well-appointed kitchen offers LED under-cabinet lighting, concealed power strips, and sun tunnels for abundant natural light. Energy-efficient features include spray foam insulation, dual attic access, and a hot water recirculating system. Major upgrades include two HVAC units (including a 5-ton unit for the main living area), two water heaters, a water softener with reverse osmosis, and a recently replaced well pump. The 475-foot well produces approximately 15 GPM, providing dependable water even during drought conditions. Outdoors, enjoy a custom electric gated entrance, underground sprinkler system with mapped irrigation lines and dual storage tanks, stock tank, livestock barn, RV cover, and a large metal shop/barn (formerly Army barracks). Mature pear, persimmon, blackberry, and pecan trees complement the existing agricultural exemption. Recent improvements include a new roof, gutters, front porch, front door, covered back patio, fresh interior paint, and updated flooring. Enjoy breathtaking panoramic views from sunrise to sunset while experiencing the privacy, functionality, and beauty of true Texas country living.

5450 County Road 101, Lampasas

Courtesy of Bear Real Estate Services

$1,363,000

602115 MLS

Beautiful 57± acre property in Burnet County featuring approximately 60 feet of elevation change with scenic Hill Country views and gently rolling terrain. The land offers excellent tree cover, highlighted by mature oak and pecan trees, with seasonal creeks meandering throughout the property, adding both beauty and character. Whether you’re looking to build a custom Hill Country home or create a private weekend getaway, this property provides an exceptional canvas for your vision. Ideally located approximately 6 miles west of Highway 183 and nestled between Burnet and Lampasas, the property combines privacy with convenience. It is situated just one hour from Austin and only 35 minutes from Killeen, making it easily accessible for full-time living or weekend escapes. Seller is negotiable on acreage and layout, allowing flexibility for home sites or recreational use. Offer of a starter heard of either Scimbok, Red Deer, or Aoudad- with a male and 2 females.

Tract 1 County Road 208, Lampasas

Courtesy of Burks Real Estate

$1,100,000

32123037 MLS

The property is located just N of Lampasas (1.45 mi.) at the intersection of Highway 281 & Highway 183. It is 1-hr N of Austin, 2.5-hrs S of DFW (approx.), 1-hr SE of Brownwood. Property access is off of Hwy 281 N and a possibility of dual access from State Hwy 281 to the W and CR 3400 to the E (would exceed 2 acres if wanted owned access back to the CR) Water and electrical are available and in the area. Topography is flat, but property sits atop a hill overlooking the City of Lampasas. Per TX Dot traffic along the property is in excess of 2,000 vehicles/day.

1550 N Us Highway 281, Lampasas

Courtesy of UTR TEXAS, REALTORS

Listing courtesy of Listing Agent: Linda Cessac (ltc@prodigy.net) from Listing Office: UTR TEXAS, REALTORS.

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Lampasas Properties between $1,000,000 and $1,500,000 for Sale

Newest Lampasas Properties between $1,000,000 and $1,500,000 for Sale

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