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$1,795,000 -$155,000 (-7.95%) Price Reduced
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Property Description
Simms Creek Ranch is one of the most unique live water opportunities in Central Texas, highlighted by year-round spring-fed creek frontage, dramatic elevation changes, and exceptional native tree cover. The property was once part of the historic Wagon Wheel Ranch, with Native American artifacts discovered throughout, adding meaningful historical depth to the land. This 155-acre ranch is located near Lometa, Texas and features approximately 1,500 feet of frontage on both sides of Simms Creek, one of the most reliable spring-fed creeks in Lampasas County. The land offers a balanced mix of open pasture, rolling terrain, and hardwood-lined creek bottoms. Elevated hilltops provide long-range views of the surrounding countryside, enhancing both usability and scenic appeal. The ranch is well suited for recreation, hunting, fishing, and long-term land stewardship, offering privacy and natural beauty. Simms Creek Ranch supports a strong native wildlife population, including whitetail deer, feral pigs, Rio Grande turkey, dove, quail, ducks, coyote, bobcat, and other species native to the region. Tree cover includes mature live oak, red oak, cedar elm, Ashe juniper, Texas ash, and flameleaf sumac. The landscape features a desirable blend of upland prairie, bottomland thickets, and elevation changes. Water is a defining feature of the ranch, with approximately 1,500 feet of frontage on both sides of Simms Creek, an additional natural spring feeding directly into the creek, and three stock tanks that enhance water distribution and wildlife habitat. Broker Comment: Simms Creek Ranch represents one of the finest live water offerings currently available in Central Texas. Tracts with dependable spring-fed water, meaningful elevation, and long-range views are increasingly difficult to find. Long regarded as one of the most desirable portions of the historic Wagon Wheel Ranch, this property presents a rare opportunity to steward a truly special piece of Texas land.
Full Property Details
Full Property Details for Tbd Fm 1047
General
- Price: $1,795,000
- Taxes: (2025)
- Status: Active
- Type: Farm
- Source: Austin_MLS
- MLS ID: 5784368
- Updated: 4/1/2026
- Added to Site: 67 day(s) ago
Location
- Area: LP
- County: Lampasas
- Subdivision: None
- Driving Directions: From Lometa, take a right onto E Elm St, then a left onto Farm Rd. 2942, take a right on E Pecan St, continue onto E FM 581 for 8 miles, then turn left onto Farm Rd. 1047, and the property will be on your right.
School Information
- Elem School District: Lometa ISD
- Midd School District: Lometa ISD
- High School District: Lometa ISD
- Elementary School: Lometa
- Middle School: Lometa
- High School: Lometa
Utilities
- Sewer: See Remarks
- Water: See Remarks
- Utility Description: Above Ground Utilities, See Remarks
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills, Panoramic, Pond, Rural, Creek/Stream, Trees/Woods
- Lot Size (Acres): 155
- Lot Size (Sq. Ft.): 6,751,800
- Fence: Yes
- Lot Features: Agricultural, Bluff, Cleared, Sloped Down, Gentle Sloping, Native Plants, Private, Rolling Slope, Rock Outcropping, Many Trees, Steep Slope, Trees Large Size, Trees Medium Size, Trees Small Size, Views, Wetlands
- Fencing (Description): Barbed Wire, Perimeter
Water Features
- Water Front: Yes
- Water Front Name: See Remarks
- Water Front Desc.: Creek, Pond, Waterfront
Financial Considerations
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial
- Legal Description: ACR: 155.6142 ABST: 03 SURV: AUSTIN CO ONE LEAUGE
- Disclosures/Reports: None
- Property ID: 155390
Listed by Keller Williams Realty
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Price & Sales History for Tbd Fm 1047
Date
Details
Price
Change
Source
4/01/2026
Price Reduced
$1,795,000
-7.95%
MLS
1/27/2026
Listed
$1,950,000
—
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 Tbd Fm 1047
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$61,110
—
2022
100%
$61,110
381%
2022
100%
$12,710
20%
2021
-100%
$10,590
—
2020
$207
8%
$10,590
13%
2018
$191
—
$9,370
—
2017
$191
2%
$9,370
—
2016
$188
-1%
$9,370
—
2015
$189
-9%
$9,370
-12%
2019
$208
51%
$10,590
30%
2013
$138
100%
$8,150
—
2012
—
$8,150
—
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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