16588 N Us Highway 281 Highway, Lampasas TX 76550

Lampasas, TX 76550 | William Jones

$1,499,999 $882/sqft
3 Beds
2 Baths 2 Full
1,700 Sq Ft
20.89 Acres
2022 Built

About This Property

SIGNIFICANT PRICE INCENTIVE OFFERED FOR QUICK CASH CLOSING! Spectacular opportunity to capitalize on a property which provides an established built-in 12 Pad RV Development, 3 Income Producing Cabins, income producing Garden, (2) Single Family homes, and you still have +/- 15 acres left for further expansion! This stunning property is strategically located with +/- 1700 feet of frontage on N US Hwy 281 and +/- 600 feet of frontage on E FM 581. Current TxDot traffic study indicates +/- 5,000 daily cars pass this site. With the already in process, major Highway 281 expansion from Evant to Lampasas, this property benefits from even more future daily traffic volume and visibility!

Many tremendous uses for this property from an ideal location of major Convenience Store/Truck Stop, Restaurant, RV Park and Cabin expansions, Multi Generational, Short Term Rentals, Air BnB, and the list keeps going!

The two stunning Single Family Properties on this property include a Historical Home built in +/- 1870. This master piece has been tastefully restored in many ways and is located along Highway 281. This beautiful home was hand crafted with 20" thick stone walls and displays absolutely stunning beam and wood work! Featuring +/- 1500 square feet, 3 bedrooms/1 bathroom, plus expansive decking and balcony space. It also includes a large underground cellar/storm shelter!

The newer 2022 year built, Barndo features luxurious finishes! 2-story ceilings, extensive recessed lighting, wood cabinetry, granite countertops and a show stopper of a screened Patio overlooking a huge Oak Tree Grove. Featuring +/- 1700 square feet, 3 beds, 2 baths, large living/kitchen/dining and a large laundry room.

The RV Development is equipped with 12 Large Pad Sites, with full utility hook ups. Additionally, a communal building provides multiple washer/dryers plus 2 additional bathrooms. Don't forget about the 3 Income Producing Cabins featuring bathrooms, kitchens and sleeping spaces!

Features

  • See Remarks
  • Ceiling Fan(s)
  • Vaulted Ceiling(s)
  • Granite Counters
  • Electric Dryer Hookup
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Washer Hookup

Location

Map loading...

Schools

School District Lampasas ISD
Elementary Hanna Springs
Middle School Lampasas
High School Lampasas

Property Details

Property Type Farm
Flooring Concrete
Cooling Central Air
Heating Central
Exterior Garden, No Exterior Steps, RV Hookup
County Lampasas
MLS # 5077281

Tax Information

Annual Taxes $573 (2025)

Mortgage Calculator

Estimate your monthly payment (PITI)

$
$
%
%
Est. Monthly Payment $0
Principal & Interest $0
Property Taxes $0
Home Insurance $0

* Estimate only. Does not include HOA fees, PMI, or other costs.

Listing History

MLS# 5051100 - Updated Mar 24, 2026 1 days
Mar 16, 2026 Listed Listing Courtesy of Renfrew Real Estate LLC - Patrick@​renfrewrealestatetx.com $1,499,999

Frequently Asked Questions About 16588 N Us Highway 281 Highway, Lampasas TX 76550

When was 16588 N Us Highway 281 Highway, Lampasas TX 76550 built?

16588 N Us Highway 281 Highway, Lampasas TX 76550 was built in 2022.

How much does 16588 N Us Highway 281 Highway, Lampasas TX 76550 cost?

16588 N Us Highway 281 Highway, Lampasas TX 76550 is listed for sale at $1,499,999. That is $882 per square foot.

How many bedrooms and bathrooms does 16588 N Us Highway 281 Highway, Lampasas TX 76550 have?

16588 N Us Highway 281 Highway, Lampasas TX 76550 has 3 bedrooms and 2 bathrooms (2 full) with 1,700 square feet of living space.

What school district is 16588 N Us Highway 281 Highway, Lampasas TX 76550 in?

16588 N Us Highway 281 Highway, Lampasas TX 76550 is in the Lampasas ISD school district. Assigned schools include Hanna Springs (elementary), Lampasas (middle), Lampasas (high school).

What are the property taxes on 16588 N Us Highway 281 Highway, Lampasas TX 76550?

The annual property taxes on 16588 N Us Highway 281 Highway, Lampasas TX 76550 are $573 (as of 2025).

How big is the lot at 16588 N Us Highway 281 Highway, Lampasas TX 76550?

The lot at 16588 N Us Highway 281 Highway, Lampasas TX 76550 is 20.89 acres, and the home has 1,700 square feet of living space.

What type of property is 16588 N Us Highway 281 Highway, Lampasas TX 76550?

16588 N Us Highway 281 Highway, Lampasas TX 76550 is a farm property.

What subdivision is 16588 N Us Highway 281 Highway, Lampasas TX 76550 in?

16588 N Us Highway 281 Highway, Lampasas TX 76550 is located in the William Jones subdivision in Lampasas, TX.

How long was 16588 N Us Highway 281 Highway, Lampasas TX 76550 on the market?

16588 N Us Highway 281 Highway, Lampasas TX 76550 was on the market for 1 days, listed on March 16, 2026.

What heating and cooling does 16588 N Us Highway 281 Highway, Lampasas TX 76550 have?

16588 N Us Highway 281 Highway, Lampasas TX 76550 has central heating and central air cooling.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.