388 County Road 3500, Lampasas, TX 76550
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by: lacy davidson
Office: bear real estate services
MLS#:8489501
Source:ACTRIS
388 County Road 3500,Lampasas, TX 76550
$999,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Farm
- Active
Price summary
- Price:$999,000
About this home
Discover a truly unique opportunity to own two homes on 29.621 acres of serene, Ag-exempt countryside — fully fenced and cross-fenced, perfect for ranch living, livestock, or multi-generational use. The main ranch-style home offers approximately 1,733 sq. ft. with 3 bedrooms and 3 full baths, featuring an open-concept floor plan, spacious living areas, and a covered patio ideal for outdoor entertaining. A private water well services this home, providing self-sufficiency and rural charm. The second residence, an impressive 5,054 sq. ft. metal-structure home, is partially finished and ready for your custom touches. With its open floor plan, double-sided fireplace, beautiful roll-up doors, and underground shipping container, this structure offers endless possibilities for completion as a luxury barndominium, workshop, or expansive family home. Electrical and plumbing rough-ins are already in place, streamlining the finishing process. Additional improvements include a 2,356 sq. ft. garage with a 1-bedroom, 1-bath apartment, perfect for guests, extended family, as well as a pole barn and an extra shop for equipment, vehicles, or storage. The property also features a wet-weather creek and seasonal ponds, adding natural beauty and character to the landscape. This property benefits from an Agricultural Exemption for lower property taxes, making it not only a beautiful investment but a smart one. Ideal for a buyer with vision and creativity—someone looking to complete a one-of-a-kind estate in a peaceful rural setting. With multiple living spaces, abundant outbuildings, and vast open land, this is a rare opportunity to create your dream homestead, investment compound, or country retreat....
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Home facts
- Listing ID #:8489501
- Updated:April 10, 2026 at 11:58 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Kitchen Description:Electric Range
Heating and cooling
- Cooling:Central
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Metal
- Construction Materials:Aluminum Siding, Metal Siding
- Foundation Description:Slab
Schools
- High school:Lampasas
- Elementary school:Kline Whitis
Utilities
- Water:Well
Finances and disclosures
- Price:$999,000
Features and amenities
- Appliances:Electric Range
Parking
- Parking description:Additional Parking
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