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Status: Active

16162 FM 581 E 
Lometa, TX 76853

$3,920,000

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**Texas Two Step Ranch** ±284.54 Acres with Live Water on Simms Creek - Lampasas County Discover the captivating Texas Two Step Ranch, featuring ±4,200 ft. of Simms Creek frontage with ownership on both sides. This property boasts stunning mature hardwoods, including live oak and pecan, and offers breathtaking views with ±80 ft. of elevation changes. The charming 4-bedroom, 2.5-bath ranch-style home (±3,033 sq. ft.) sits on one of the highest points, showcasing panoramic views from the back patio. Built in 2001, the home features updated appliances, a fireplace, and essential upgrades like a new water well and septic system. A ±1,200 sq. ft. metal shop with concrete slab and multiple overhead doors provides versatile space and storage. The property includes working pens for livestock and direct road access on FM-581, just 2 miles from HWY 281, ensuring convenience to amenities in Lampasas. Enjoy low property taxes with a 1 D 1 Ag Exemption in place. Ideal for recreational use or a primary residence, this ranch offers abundant wildlife, minimal grazing impact, and diverse habitats for deer, turkey, and more. With live water access for summer enjoyment and terrain suitable for horses and livestock, Texas Two Step Ranch combines tranquility and functionality just 1.5 hours from downtown Austin. Experience the perfect blend of rural charm and comfort!
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Baths
0
House Size
--
Lot Size
284.54 ac
School District
Lampasas ISD

Location

Market Insights

In the last 30 days, homes for sale in 76550, Lampasas, TX were on the market for a median of 82 days and 16.67% of homes sold above list price.

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Interior Information

cooling
Central Air
heating
Central
view
See Remarks
Creek/stream
Panoramic
Pasture
Trees/woods

Exterior Information

fence
Barbed Wire
Perimeter
pool
Private
road surface
See Remarks
Gravel

Property Information

lot
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other structures
Barn(s)
sewer
Septic Tank
subdivision name
None
utilities
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Electricity Connected
Propane
water source
Private
Well
  • Listed By Ben Breedlove
  • (806) 368-2307
  • Keller Williams Realty
  • (512) 448-4111
  • lramsey@kwaustin.com
  • MLS 8924882

Monthly Payments Calculator

Estimated Monthly Cost

$24,220

30 year fixed·6.9% interest rate
Principal & Interest
$20,654
Property Taxes
$3,267
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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