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281 High Way, Lampasas, TX, 76550

--beds
--baths
--sqft
$3,311,085
--price/sqft
$22,024/moest. monthly cost
$880,960/yrincome needed

About This Home

186.5-Acre High-Fenced Ranch in Burnet County – 4 Miles South of Lampasas, TX Discover an exceptional opportunity to own 186.5 acres of prime Texas Hill Country land, perfectly located just 4 miles south of Lampasas. This high-fenced ranch offers the perfect balance of privacy, accessibility, and natural beauty, making it ideal for a private retreat, recreational haven, or future development. With 400 feet of frontage on Hwy 281 and additional frontage along CR 1002, this property provides easy access while maintaining a secluded and peaceful environment. The ranch is fully stocked with wildlife, including whitetail deer, red stag, and aoudad sheep, offering unmatched hunting and wildlife viewing experiences. Heavily wooded areas provide shade, privacy, and habitat for the abundant wildlife. A scenic creek meanders through the property, creating serene locations for relaxation or outdoor activities. The landscape is highlighted by multiple hilltops, each offering breathtaking panoramic views of the surrounding Texas Hill Country. These vantage points provide the perfect sites for a custom home, lodge, or private retreat, where you can enjoy sweeping vistas and unforgettable sunsets. This property is agricultural exempt, offering potential tax benefits, and includes a functioning well and a storage building for convenience. Whether your vision is a private ranch, a recreational getaway, or a development opportunity, this property offers incredible versatility. Its combination of wildlife, water features, hill country views, and historical significance makes it truly one-of-a-kind. Don’t miss the chance to own a piece of Burnet County’s Hill Country—where natural beauty, abundant wildlife, and endless possibilities converge.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
6/10
Lampasas Middle SchoolGrades 6-82.3 mi
6/10
Lampasas High SchoolGrades 9-121.0 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Property

Details

  • Parcel number: 51134
  • Special condition: Standard

Features

  • Fencing: See Remarks, Perimeter
  • Has view: Yes
  • View description: Hill Country
  • Waterfront features: Creek

Lot

  • Lot size: 186.50 Acres
  • Features: Agricultural,Trees-Heavy,Many Trees,Trees-Medium (20 Ft - 40 Ft)

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
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hail
Strong Wind
Tornado
Winter Weather
Cold Wave
Drought
Heat Wave
Inland Flooding
Lightning
Wildfire

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $16,742$200,904
Home Insurance *$2,451$29,412
Property Taxes $2,593$31,116
Electricity $238$2,859
Total$22,024$264,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$755,108/yr
40% on housing$660,720/yr
45% on housing$587,306/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 4.9%
4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 76550$244
Burnet County$380

vs Homes Sold Last Month

Median $/sqft

ZIP 76550$163
Burnet County$198

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

DateEventPrice
2025-11-26Listed for sale$3,311,085
2004-05-17Sold--

For Sale by Agent

AgentDwayne Baker
BrokerageKeller Williams Realty

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