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388 CR 3500
Lampasas TX 76550 US

$999,000

Active Listing ID 595820
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4 bed
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4.00 Bath (4 Full)
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Lot: 29.60 Acres
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Single Family Residence

$999,000

Active Listing ID 595820
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388 CR 3500 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.

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Property Features

  • Facts
  • Lot Size: 29.60 Acres
  • Property Type: Farm
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 4
  • Cooling System: Multi Units
  • Floor Covering: Concrete, Laminate
  • Roof Type: Shingle, Composition, Metal
  • Heating Fuels: Fireplace(s), Electric (Heating), Central
  • Additional Features
  • Fireplace

Property

  • propertytype: Farm
  • propertysubtype: Single Family Residence
  • listprice: 999000
  • unparsedaddress: 388 CR 3500
  • postalcity: Lampasas
  • stateorprovince: TX
  • country: US
  • postalcode: 76550
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 29.601
  • lotsizeunits: Acres
  • lotsizearea: 29.601
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 31.167098
  • longitude: -98.170656
  • listagentfullname: Lacy Davidson
  • listagentemail: lacy@buytexas.net
  • listagentkey: 3yd-SMABOR-H647714000
  • listagentmlsid: H647714000
  • listagentpreferredphone: 2543158893
  • listagentofficephone: 5125569321
  • listofficekey: 3yd-SMABOR-H79554640
  • listagentstatelicense: 0647714
  • listofficemlsid: H79554640
  • disclaimer: Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SMABOR
  • listingcontractdate: 2025-10-27
  • listagenturl: http://www.BearRealEstateServices.com
  • countyorparish: Lampasas
  • parcelnumber: 7766, 11571, 14931
  • elementaryschooldistrict: Lampasas ISD
  • middleorjuniorschooldistrict: Lampasas ISD
  • highschooldistrict: Lampasas ISD
  • appliances: MultipleWaterHeaters
  • constructionmaterials: AluminumSiding, MetalFrame, VinylSiding
  • flooring: Concrete, Laminate
  • heating: Fireplace(s), Electric (Heating), Central
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Shingle, Composition, Metal
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: CeilingFans, BreakfastBar, BreakfastArea
  • architecturalstyle: Ranch
  • rooms: Bathroom 4, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1
  • otherstructures: Barn(s)
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • vegetation: Wooded
  • fencing: Fenced, Perimeter
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -98.170654, 31.167097
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Bear Real Estate Services", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lacy@buytexas.net", "ListBrokerageCity":"Lampasas", "ListBrokerageCountry":"US", "ListBrokerageEmail":"AUDREY@BUYTEXAS.NET", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Bear Real Estate Services", "ListBrokeragePhone":"(512) 556-9321", "ListBrokeragePostalCode":"76550", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"405 E 3rd St.", "ListBrokerageWebsiteUrl":"http://www.BearRealEstateServices.com", "ListOfficeAddress1":"405 E 3rd St. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"H79554640", "ListOfficeCity":"Lampasas", "ListOfficeCountry":"USA", "ListOfficeEmail":"AUDREY@BUYTEXAS.NET", "ListOfficePostalCode":"76550", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"FARMS - Ranch - Lampasas, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/388-County-Road-3500_Lampasas_TX_76550_M88611-94310?f=listhub&s=SMABOR&m=595820&c=rexren", "MLSModificationTimestamp":"2025-11-06 20:46:35", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"ABST 313 GREEN HATLEY, ACRES 11.601, & ABST 1174/ABST 12 ABST 483 HARRISON MILLER, ACRES 1.", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/29/2026 10:25:02 AM GMT
Source Updated Date: 2/4/2026 6:48:34 PM GMT

Courtesy of: Lacy Davidson, Bear Real Estate Services, lacy@buytexas.net

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.