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$899,000 Just Listed
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Property Description
Welcome to this stunning 55-acre ag-exempt property in Smith Ranch, Lampasas County-a gated Hill Country retreat offering privacy, security, and unmatched access to nature. Improvements include a 1,760 sq ft main home, a 12x24 (1 bed/1 bath) guest house, and a climate-controlled 12x24 workshop-totaling 2,048 sq ft of living space, ideal for full-time living or a weekend escape. Located within Smith Ranch with an optional POA, owners enjoy maintained roads, gated entry with surveillance, and private access to 4+ miles of the Colorado River across 7 common areas. Conveniently situated across from Colorado Bend State Park, with Post Oak Ridge State Park under development nearby. Utilities include Hamilton County Electric, 1 gig fiber internet, propane, and a private water well producing approximately 18 GPM. Abundant wildlife-whitetail, axis, aoudad, turkey, dove, and quail-complete this exceptional outdoor property. Whether you're looking for a peaceful homestead or recreational getaway, this property delivers the best of Texas country living.
Full Property Details
Full Property Details for 1261 Park Rd
General
- Price: $899,000
- HOA FEE: $25/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Farms/Ranches
- Source: Central_Texas_MLS
- MLS ID: 609303
- Updated: Today (4/7/2026)
- Added to Site: Today
Interior
- Interior Features: All Bedrooms Down, Breakfast Bar, Ceiling Fan(s), Carbon Monoxide Detector, High Ceilings, Open Floorplan, Shower Only, Separate Shower, Vanity, Natural Woodwork, Breakfast Area, Kitchen Island, Kitchen/Family Room Combo, Kitchen/Dining Combo, Pantry
- Fireplace(s): None
- Appliances: Electric Water Heater, Gas Range, Microwave, Refrigerator, Some Electric Appliances
- Flooring: Concrete, Painted/Stained
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Security/Safety: Gated Community
Exterior
- Exterior Features: Covered Patio
- Porch/Patio/Deck: Covered, Patio
Location
- County: Lampasas
- Driving Directions: From Lampasas to onto North Ave/FM 580 approximately 10.8 miles turn left on to County Road 1255 for approx. 3.2 miles turn right onto CR 1287 for 1.4 miles keep straight to N River RD. Road names changes to Private Road 1377, stay on private road 1377 for 2.7 miles turn right onto Park Rd for 1.3 miles then and arrive at the ranch.
Community
- Association: Yes
Utilities
- Sewer: Not Connected (at lot), Public Sewer
- Water: Private, Well
- Well: Yes
Structural Information
- Architectural Style: Barndominium
- Construction: Metal Frame, Metal Siding
- Roof: Metal
- Square Feet: 2,048
- Sq. Ft. Source: Appraiser
- Living Area: 2,048 Sq. Ft.
- Year Built: 2021
- Year Built Source: Assessor
- Property Condition: Resale
Additional Structures
- Other Structures: Guest House, Outbuilding, Workshop
Lot Features
- Property View: River
- Lot Size (Acres): 55
- Frontage: County Road, Gravel
- Topography: Rolling
- Trees/Vegetation: Partially Wooded
- Fencing (Description): Barbed Wire, Back Yard, Cross Fenced, Full, Perimeter, Ranch Fence
Horse Property
- Horse Property: Yes
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Colorado River
Financial Considerations
- Association Fee: $300
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional, Texas Vet
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: ACR: 55 ACRES ABST: 0602 SURV: THOMAS R STIFF
- Disclosures/Rstr.: Homestead Exemption, Agricultural Exemption
- Property ID: 12828
Listed by Bear Real Estate Services
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Schools
Schools serving 1261 Park Rd
School District:Lampasas Independent School District
| Name | Grades | Distance |
|---|---|---|
Hanna Springs Elementary School 604 East Avenue F, Lampasas, TX 76550 | PK-5 | 15.5 mi |
Lampasas Middle School 902 South Broad Street, Lampasas, TX 76550 | 6-8 | 15.3 mi |
Lampasas High School 2716 S Hwy 281, Lampasas, TX 76550 | 9-12 | 15.2 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 1261 Park Rd
Date
Details
Price
Change
Source
4/07/2026
Listed
$899,000
—
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 1261 Park Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,480
-27%
100%
2022
$2,031
-39%
-100%
2021
$3,316
10%
$174,020
17%
2020
$3,015
3%
$148,720
4%
2019
$2,919
-4%
$143,000
—
2017
$3,043
1%
$143,000
—
2016
$3,001
—
$143,000
—
2015
$2,987
3%
$143,000
4%
2013
$2,886
1%
$137,500
—
2012
$2,858
—
$137,500
—
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 1261 Park Rd
1261 Park Road, Lampasas, TX 76550 (MLS# 609303) is a Farms/Ranches property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 1261 Park Road is currently listed for $899,000 and was received on April 07, 2026. Want to learn more about 1261 Park Road? Do you have questions about finding other Farms/Ranches real estate for sale in Lampasas? You can browse all Lampasas real estate or contact a Coldwell Banker agent to request more information.

