1261 Park Rd, Lampasas, TX, 76550
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2021
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Metal Frame,Metal Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Barndominium
- Property subType: Farm,Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater,Gas Range,Microwave,Refrigerator,Some Electric Appliances
- Laundry features: Inside,Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
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
- Flooring: Concrete,Painted/Stained
- Fireplace features: None
Heating & Cooling
- Heating features: Central,Electric,Multiple Heating Units
- Cooling features: Central Air,Electric,2 Units
Interior Area
- Total interior livable area: 2,048 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 12828
Features
- Patio & porch: Covered,Patio
- Exterior features: Covered Patio
- Fencing: Barbed Wire,Back Yard,Cross Fenced,Full,Perimeter,Ranch Fence
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- On waterfront: Yes
- Waterbody name: Colorado River
- Topography of land: Rolling
- Residential vegetation: Partially Wooded
- Horses can be raised: Yes
Lot
- Lot size: 55 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Lightning
- Tornado
- Wildfire
- Winter Weather
- Cold Wave
- Drought
- Inland Flooding
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,423 | $53,076 |
| Home Insurance * | $647 | $7,764 |
| Property Taxes | $554 | $6,648 |
| Electricity | $238 | $2,859 |
| Total | $5,862 | $70,344 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-07 | Listed for sale | $899,000 |
| 2026-03-20 | Listing removed | $899,000 |
| 2025-10-24 | Price change | $899,000 |
| 2025-08-11 | Price change | $925,000 |
| 2025-06-02 | Price change | $999,900 |
| 2024-12-27 | Listed for sale | $1,125,000 |
| 2024-02-20 | Listing removed | $1,250,000 |
| 2024-02-16 | Listed for sale | $1,250,000 |
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