Paragon Realtors Real Estate

3588 N Us Highway 281Lampasas, TX 76550Price: $1,500,000

  • Price: $1,500,000
  • Est. Mortgage of $/month
  • 10 Days on Market
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%
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Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,500,000List Price
  • 122.81Acreage

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Listed by Nichole Shelton of Christie's Lone Star
3588 N. US Highway 281 offers an exceptional opportunity to own 122± acres in the heart of Central Texas, where strong investment potential meets the flexibility to create a premier ranch, luxury estate, or future development. Featuring desirable highway frontage, rolling terrain, scattered native trees, and multiple scenic homesites, this property offers the privacy and versatility today's land buyers are seeking. Whether your vision is a custom ranch headquarters, equestrian property, cattle operation, or recreational retreat, the acreage provides ample room to build while preserving the character of the land. Investors and developers will appreciate the potential to subdivide into approximately 20-acre tracts (subject to county approval), creating estate-sized ranchettes that may qualify for agricultural valuation with continued qualifying use and meet the growing demand for larger acreage throughout Central Texas. With its strategic location, development flexibility, and long-term appreciation potential, this property presents a rare opportunity for end users, investors, and developers alike to capitalize on one of Texas' strongest land markets.

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Based on information submitted to North Texas Real Estate Information Services as of August 1, 2026 10:12 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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