388 CR 3500, Lampasas, TX, 76550

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$999,000
1 Day On Site

388 CR 3500
Lampasas, TX 76550

For Sale|Single Family Residence|Active
4
Beds
4
Total Baths
4
Full Baths
County:
Lampasas

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388 CR 3500388 CR 3500388 CR 3500388 CR 3500
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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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Listing Snapshot
Price 
$999,000
Days On Site 
1 Day
Bedrooms 
4
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
29.601 Acres
Year Built 
N/A
MLS® Number 
595820
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
29.601
Disclosures 
Agricultural Exemption
Foundation 
Slab
Levels 
One
Property Sub Type 
Single Family Residence
Style 
Ranch
Utilities 
Electricity Available
Water Source 
PrivateWell
Interior Features
Cooling 
Ceiling Fan(s)
Fireplace 
Yes
Fireplace Features 
Wood Burning
Flooring 
ConcreteLaminate
Heating 
CentralElectricFireplace(s)
Interior 
Ceiling Fan(s)See RemarksBreakfast Bar
Laundry Features 
InsideLaundry Room
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Exterior Features
Construction Details 
Aluminum SidingVinyl Siding
Fencing 
Cross FencedFullPerimeter
Lot Features 
Wooded
Road Frontage 
County RoadUnimproved
Roof 
CompositionMetalShingle
View 
PondCreek/Stream
Waterfront Features 
Creek-Seasonal,Pond/Stock Tank
Waterview 
PondCreek/Stream
Community Features
Financing Terms Available 
CashConventional
Roads 
DirtPaved
School District 
Lampasas ISD
Schools
School District
Lampasas ISD
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Lacy Davidson of Bear Real Estate Services



Listing information is provided by Participants of the Central Texas MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Central Texas MLS.
Last checked: 2025-10-28 11:49 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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