247 E Fm 581 Highway, Lometa, TX 76853
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by: tyler helbing
Office: allen cowden, broker
MLS#:8349622
Source:ACTRIS
247 E Fm 581 Highway,Lometa, TX 76853
$980,000
- - Beds
- - Baths
- - sq. ft.
- Farm
- Active
Price summary
- Price:$980,000
About this home
Offered at $980,000, this is an opportunity to own an 86 acre property with incredible views, highway frontage and investment potential in one of the Hill Country’s most sought-after regions.
Location: Located just minutes from Lometa, this 86-acre Hill Country ranch offers sweeping long-range views, approximately 1700 feet of Highway 581 frontage, and exceptional versatility for cattle, recreation, or investment. A seasonal creek winds through the property, enhancing its natural character and appeal. The ranch is easily accessible from both Highway 581 and County Road 2745—just 9 minutes from Lometa and roughly 1 hour and 30 minutes from Austin. With electricity on-site and a water line along Highway 581, this property is well-positioned for future development, a premier homestead, or continued agricultural use.
History: This parcel was once part of the historic Wagon Wheel Ranch — a notable operation recognized for its high-quality horse breeding and cattle program throughout much of the 20th century. The land reflects the authentic ranching heritage that defines this region, offering a rare opportunity to own a piece of Hill Country history with investment potential.
Land: Situated in the heart of Lampasas County, this 86-acre ranch offers a blend of usability, scenic beauty, and investment potential. The land is primarily flat with gentle rolling terrain, providing exceptional grazing opportunities for cattle or other livestock. A wet-weather creek meanders through the property, adding natural character and seasonal water features that enhance both ranching and recreational appeal. Electricity is on-site, and a community water line runs along FM 581—making this ranch well-suited for development, continued agricultural use, or long-term investment. Property is currently under Agriculture exemption....
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Home facts
- Subdivision & Development:None
- Listing ID #:8349622
- Updated:August 06, 2026 at 03:17 PM
Structure and exterior
- Lot area:86 Acres
- Lot Features:Agricultural, Gentle Sloping
Schools
- High school:Lometa
- Elementary school:Lometa
Finances and disclosures
- Price:$980,000
- Tax amount:$267 (2025)
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