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$999,000
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Property Description
Discover a truly unique opportunity to own two homes on 29.621 acres of serene, Ag-exempt countryside - fully fenced and cross-fenced, perfect for ranch living, livestock, or multi-generational use. The main ranch-style home offers approximately 1,733 sq. ft. with 3 bedrooms and 3 full baths, featuring an open-concept floor plan, spacious living areas, and a covered patio ideal for outdoor entertaining. A private water well services this home, providing self-sufficiency and rural charm. The second residence, an impressive 5,054 sq. ft. metal-structure home, is partially finished and ready for your custom touches. With its open floor plan, double-sided fireplace, beautiful roll-up doors, and underground shipping container, this structure offers endless possibilities for completion as a luxury barndominium, workshop, or expansive family home. Electrical and plumbing rough-ins are already in place, streamlining the finishing process. Additional improvements include a 2,356 sq. ft. garage with a 1-bedroom, 1-bath apartment, perfect for guests, extended family, as well as a pole barn and an extra shop for equipment, vehicles, or storage. The property also features a wet-weather creek and seasonal ponds, adding natural beauty and character to the landscape. This property benefits from an Agricultural Exemption for lower property taxes, making it not only a beautiful investment but a smart one. Ideal for a buyer with vision and creativity-someone looking to complete a one-of-a-kind estate in a peaceful rural setting. With multiple living spaces, abundant outbuildings, and vast open land, this is a rare opportunity to create your dream homestead, investment compound, or country retreat.
Full Property Details
Full Property Details for 388 Cr 3500
General
- Price: $999,000
- Status: Active
- Type: Farms/Ranches
- Source: Central_Texas_MLS
- MLS ID: 595820
- Updated: 10/27/2025
- Added to Site: 83 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), See Remarks, Breakfast Bar, Breakfast Area
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Multiple Water Heaters
- Flooring: Concrete, Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Laundry Room
Location
- County: Lampasas
- Driving Directions: Go North on 183 towards adamsville. Take Right on CR 2500. Properties have 2 separate gated entrances. Sign by gates.
School Information
- Elem School District: Lampasas ISD
- Midd School District: Lampasas ISD
- High School District: Lampasas ISD
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: 2 Units
- Heating Type: Central, Electric, Fireplace(s), Multiple Heating Units
Utilities
- Water: Private, Well
- Well: Yes
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Ranch
- Construction: Aluminum Siding, Metal Frame, Vinyl Siding
- Roof: Composition, Metal, Shingle
- Stories/Levels: 1
- Property Condition: Under Construction, Resale
Additional Structures
- Other Structures: Garage(s), Greenhouse, Workshop, Barn(s), Outbuilding
Lot Features
- Property View: Pond, Creek/Stream, Seasonal View
- Lot Size (Acres): 29.601
- Frontage: County Road, Dirt, Paved
- Trees/Vegetation: Heavily Wooded
- Fencing (Description): Cross Fenced, Full, Perimeter
Water Features
- Water Front Name: Creek-Seasonal, Pond/Stock Tank
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial, Disclosure(s), Seller's Property Disclosure
- Legal Description: ABST 313 GREEN HATLEY, ACRES 11.601, & ABST 1174/ABST 12 ABST 483 HARRISON MILLER, ACRES 1.
- Disclosures/Rstr.: Agricultural Exemption
- Property ID: 7766, 11571, 14931
Listed by Bear Real Estate Services
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Price & Sales History for 388 Cr 3500
Date
Details
Price
Change
Source
10/27/2025
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 388 Cr 3500
388 Cr 3500, Lampasas, TX 76550 (MLS# 595820) is a Farms/Ranches property with 4 bedrooms and 4 full bathrooms. 388 Cr 3500 is currently listed for $999,000 and was received on October 27, 2025. Want to learn more about 388 Cr 3500? 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.

