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247 E Fm 581 Highway

Lometa, TX 76853
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Acres86

Acres(Lot)

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 co ntinued 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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Detail Ic Property Details

Property Type : Farm

Price : $980,000

AD Id : 68596827

MLS Id : 8349622

Lot Size : 86 Acres(Lot)

County : Lampasas

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Feature Features

  • Lot Information

    Main Square Feet: 86 Lot Size Acres: 86 Lot Description: Agricultural,GentleSloping,SeeRemarks,Views

    Property Information

    Subdivision: None Source Property Type: Farm Property SubType: Ranch

  • Listing Price Information

    Listing Price: $980000
    Cash, Conventional

  • Tax Information

    Parcel Number: 155748 Tax Year: 2025 Annual Tax: $266.95 Tax Legal Desc: +/- 86 Acres out of ACR: 182.0208 ABST: 0322 SURV: JOHN HASMANN

  • School Information

    Elementary School: Lometa Junior High School: Lometa Senior High School: Lometa
  • Utility Information

    ElectricityAvailable, WaterAvailable
  • Location Information

    Direction: From Lometa head North East 6 miles down FM 581 and the property is on your left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2238 County Road 2109, Lometa, TX, 76853 $550,000 2 2 1,800 Acres (Lot)--
2332 County Road 2109, Lometa, TX, 76853 $199,999 -- -- -- Acres (Lot)--
2158 County Road 2109, Lometa, TX, 76853 $699,000 3 2 1,407 20.02 Acres(Lot)
6988 Cr 2109, Lometa, TX, 76853 $399,900 -- -- -- 23.14 Acres(Lot)
2238 County Road 2109, Lometa, TX, 76853 $550,000 2 2 1,800 20.02 Acres(Lot)
2158 Cr 2109, Lometa, TX, 76853 $699,000 3 2 -- Acres (Lot)--
2332 County Road 2109, Lometa, TX, 76853 $199,999 -- -- -- 20.02 Acres(Lot)
1867 Savanna Ridge Road, Lometa, TX, 76853 $349,999 -- -- -- Acres (Lot)--
2826 County Road 2800, Lometa, TX, 76853 $250,000 1 1 100 10.01 Acres(Lot)
2826 County Road 2800, Lometa, TX, 76853 $250,000 1 1 432 Acres (Lot)--

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ByOwner last updated this listing 04/06/2026 @ 21:03

MLS: 8349622 LISTED BY: Tyler Helbing, Allen Cowden, Broker 214-693-9436 SOURCE: ACTRIS

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