16588 N Us Highway 281 Highway, Lampasas, TX 76550

Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: patrick renfrew
Office: renfrew real estate llc.
MLS#:5077281
Source:ACTRIS
16588 N Us Highway 281 Highway,Lampasas, TX 76550
$1,499,999
  • 3 Beds
  • 2 Baths
  • 1,700 sq. ft.
  • Farm
  • Active

Price summary

  • Price:$1,499,999
  • Price per sq. ft.:$882.35

About this home

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

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Home facts

  • Year built:2022
  • Listing ID #:5077281
  • Updated:February 22, 2026 at 03:44 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,700 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Roof:Metal
  • Year built:2022
  • Building area:1,700 sq. ft.

Schools

  • High school:Lampasas
  • Elementary school:Hanna Springs

Utilities

  • Water:Public, Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,499,999
  • Price per sq. ft.:$882.35
  • Tax amount:$573 (2025)
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