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

  • For Sale
  • Active
  • Farm
  • 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
  • Status: Active
  • Type: Farm
  • Source: Highland_Lakes_MLS
  • MLS ID: 179157
  • Updated: 8/21/2026
  • Added to Site: 6 day(s) ago

Interior

  • Appliances: Microwave, Gas Range, Refrigerator, Electric Water Heater
  • Flooring: Stained Concrete

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Location

  • County: Lampasas
  • Subdivision: None
  • 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 m

School Information

  • High School District: Lampasas

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Utility Description: Electricity Available, Other

Structural Information

  • Construction: Other, Metal Siding
  • Foundation: Slab
  • Roof: Metal
  • Square Feet: 2,048
  • Sq. Ft. Source: Appraiser
  • Living Area: 2,048 Sq. Ft.
  • Year Built: 2021

Unit Information

  • Residential Units: 1

Lot Features

  • Lot Size (Acres): 55
  • Frontage: County Road, Gravel
  • Fence: Yes
  • Fencing (Description): Barbed Wire, Cross Fenced, Completely Fenced

Water Features

  • Water Front View: No

Green Features

  • Energy Efficient: Ceiling Fan(s)

Financial Considerations

  • Price Per Sq. Ft.: $15,454.55
  • Terms: Cash Conventional Texas Vet

Disclosures and Reports

  • Legal Description: ACR: 55 ACRES ABST: 0602 SURV: THOMAS R STIFF
  • Property ID: 12828

Listed by Bear Real Estate Services, Audrey Bear

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Listing agent

— 1261 Park Rd —

  • Audrey Bear

    Bear Real Estate Services

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
8/20/2026
Listed
$874,900
—
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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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Bear Real Estate Services, Audrey Bear

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