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$850,000 -$24,900 (-2.85%) Price Reduced

  • For Sale
  • Active
  • Farms/Ranches
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,048 Sq. Ft.
  • 55 Acres
  • Updated 4 days ago
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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 for 1261 Park Rd

General

  • Price: $850,000
  • HOA FEE: $25/month
  • HOA FEE FREQ.: Annually
  • Status: Active
  • Type: Farms/Ranches
  • Source: Central_Texas_MLS
  • MLS ID: 609303
  • Updated: 8/21/2026
  • Added to Site: 141 day(s) ago

Interior

  • Interior Features: All Bedrooms Down, Breakfast Bar, Ceiling Fan(s), Carbon Monoxide Detector, High Ceilings, Open Floorplan, Shower Only, Separate Shower, Tub 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

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric, 2 Units
  • Heating Type: Central, Electric, Multiple Heating Units

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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Listing agent

— 1261 Park Rd —

  • Bear Real Estate Services

(512) 556-9321

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1261 Park Rd

School District:Lampasas Independent School District
NameGradesDistance
Hanna Springs Elementary School
604 East Avenue F, Lampasas, TX 76550
PK-515.5 mi
Lampasas Middle School
902 South Broad Street, Lampasas, TX 76550
6-815.3 mi
Lampasas High School
2716 S Hwy 281, Lampasas, TX 76550
9-1215.2 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/21/2026
Price Reduced
$850,000
-2.85%
MLS
6/16/2026
Price Reduced
$874,900
-2.68%
MLS
4/07/2026
Listed
$899,000
—
MLS
Get Price Alerts and Save Property
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 for 1261 Park Rd

Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,197
57%
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.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Bear Real Estate Services

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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 $850,000 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.

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