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$184,900
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Property Description
10.74 Acres in Burnet County This AG EXEMPT property is located in the exclusive, gated ranch community of Homestead Hills. Offering the perfect setting to build your custom Hill Country ranch home, this property features breathtaking, unobstructed views and a serene, peaceful atmosphere. Enjoy the tranquility and privacy that this exceptional location provides, making it an ideal spot for your dream ranch retreat. Land Tucked away on a private cul-de-sac, this lot features an appealing sloping topography with several potential build sites. You can create scenic pathways through the cedar trees to preserve your privacy while unveiling stunning views at the back of the property. The land backs up to a 500+ acre ranch, offering added seclusion and natural beauty. Utilities: "¢ Power: Available "¢ Water: Well needed "¢ Sewer: Septic needed "¢ Internet: Starlink is best option Homestead Hills The large concrete entrance off county road 101 leads to an impressive gate constructed of limestone and metal. The development has concrete private roads throughout. There's a community ag exemption in place to help lower property taxes. The development has light restrictions to preserve your investment (ie. Barndominiums and commercial activities are allowed) Location Homestead Hills is located 2.3 miles from US 281 "¢ 16 miles to Burnet "¢ 37 miles to Liberty Hill "¢ 71 miles to downtown Austin
Full Property Details
Full Property Details for 122 Reserve Wy
General
- Price: $184,900
- HOA FEE: $33/month
- HOA FEE FREQ.: Annually
- Taxes: $10 (2023)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 6154663
- Updated: 6/7/2025
- Added to Site: 666 day(s) ago
Additional Information
- Shared Amenities: See Remarks
Location
- Area: BU
- County: Burnet
- Subdivision: Homestead Hills
- Driving Directions: From Burnet, go north of 281. Turn left onto Burnet-Lampassas Rd (CR 101). Turn left onto Homestead Dr. Turn left onto Reserve Way.
School Information
- Elem School District: Lampasas ISD
- Midd School District: Lampasas ISD
- High School District: Lampasas ISD
- Elementary School: Kline Whitis
- Middle School: Lampasas
- High School: Lampasas
Community
- Association: Yes
- Assoc. Name: Homestead Hills
- Assoc. Fees Include: See Remarks
Utilities
- Sewer: Septic Needed
- Water: See Remarks
- Utility Description: Electricity Available
Structural Information
- Detached/Attached: Detached
- Property Condition: To Be Built
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills, Panoramic, Trees/Woods
- Lot Size (Acres): 10.74
- Lot Size (Sq. Ft.): 467,834.4
- Fence: Yes
- Lot Features: Agricultural, Cul-De-Sac, Many Trees, Views
- Fencing (Description): Barbed Wire
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: See Remarks
Water Features
- Water Front Desc.: Seasonal
Financial Considerations
- Association Fee: $400
- Assoc Fee Freq.: Annually
- Assessment Amount: $698
- Tax Amount: $10.15
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Deed Restriction, Geological Survey, Topographical Survey
- Legal Description: S5231 HOMESTEAD HILLS LOT 58 10.74
- Disclosures/Reports: See Remarks
- Property ID: 118780
- Lot Number: 58
Listed by Longhorn Realty, LLC
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Schools
Schools serving 122 Reserve Wy
School District:Lampasas Independent School District
| Name | Grades | Distance |
|---|---|---|
Kline Whitis Elementary School 500 South Willis Street, Lampasas, TX 76550 | PK-5 | 7.6 mi |
Lampasas Middle School 902 South Broad Street, Lampasas, TX 76550 | 6-8 | 8.4 mi |
Lampasas High School 2716 S Hwy 281, Lampasas, TX 76550 | 9-12 | 7.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 Reserve Wy
Date
Details
Price
Change
Source
4/01/2025
Price Reduced
$184,900
-2.63%
MLS
10/17/2024
Price Reduced
$189,900
-2.57%
MLS
6/10/2024
Listed
$194,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 122 Reserve Wy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3
-70%
$713
—
2024
$10
-17%
$713
2%
2022
$12
300%
$698
-7%
2022
$3
-25%
$753
—
2021
$4
—
$753
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 122 Reserve Wy
122 Reserve Way, Lampasas, TX 76550 (MLS# 6154663) is a Lots/Land property with a lot size of 10.74 acres. 122 Reserve Way is currently listed for $184,900 and was received on June 10, 2024. Want to learn more about 122 Reserve Way? Do you have questions about finding other Lots/Land real estate for sale in Lampasas? You can browse all Lampasas real estate or contact a Coldwell Banker agent to request more information.
