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.
Active
$899,000
1261 Park Rd, Lampasas, TX 76550
2beds
2,048sqft
Est.:
Farm, Single Family Residence
Built in 2021
55 Acres Lot
$-- Zestimate®
$439/sqft
$25/mo HOA
What's special
Gated hill country retreatGated entry with surveillanceMaintained roads
- 1 day |
- 126 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2026 at 08:19pm
Listed by:
Lacy Davidson (512)556-9321,
Bear Real Estate Services
Source: Central Texas MLS,MLS#: 609303
Originating MLS: Fort Hood Area Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Appliances
- Included: Electric Water Heater, Gas Range, Microwave, Refrigerator, Some Electric Appliances
- Laundry: Inside, Laundry Room
Features
- All Bedrooms Down, Breakfast Bar, Ceiling Fan(s), Carbon Monoxide Detector, High Ceilings, Open Floorplan, Shower Only, Separate Shower, Vanity, Natural Woodwork, Breakfast Area, Kitchen Island, Kitchen/Family Room Combo, Kitchen/Dining Combo, Pantry
- Flooring: Concrete, Painted/Stained
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 2,048 sqft
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Property
Accessibility
- Accessibility features: None
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
- Body of water: Colorado River
Lot
- Size: 55 Acres
- Topography: Rolling
- Residential vegetation: Partially Wooded
Details
- Additional structures: Guest House, Outbuilding, Workshop
- Parcel number: 12828
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Barndominium
- Property subtype: Farm, Single Family Residence
Materials
- Metal Frame, Metal Siding
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- Year built: 2021
Utilities & green energy
- Sewer: Not Connected (at lot), Public Sewer
- Water: Private, Well
Community & HOA
Community
- Features: Gated
- Security: Gated Community
HOA
- Has HOA: Yes
- HOA fee: $300 annually
Location
- Region: Lampasas
Financial & listing details
- Price per square foot: $439/sqft
- Date on market: 4/7/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Texas Vet
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$2,302/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Listed for sale | $899,000$439/sqft |
Source: | ||
| 3/20/2026 | Listing removed | $899,000$439/sqft |
Source: | ||
| 10/24/2025 | Price change | $899,000-2.8%$439/sqft |
Source: | ||
| 8/11/2025 | Price change | $925,000-7.5%$452/sqft |
Source: | ||
| 6/2/2025 | Price change | $999,900-11.1%$488/sqft |
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| 12/27/2024 | Listed for sale | $1,125,000-10%$549/sqft |
Source: | ||
| 2/20/2024 | Listing removed | $1,250,000$610/sqft |
Source: | ||
| 2/16/2024 | Listed for sale | $1,250,000$610/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Est. payment
$5,277/mo
Principal & interest
$4301
Property taxes
$951
HOA Fees
$25
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Climate risks
Neighborhood: 76550
Nearby schools
GreatSchools rating
- 7/10Hanna Springs Elementary SchoolGrades: PK-5Distance: 15.5 mi
- 6/10Lampasas Middle SchoolGrades: 6-8Distance: 15.3 mi
- 6/10Lampasas High SchoolGrades: 9-12Distance: 15.2 mi
Local experts in 76550
- Texas
- Lampasas County
- Lampasas
- 76550
- 1261 Park Rd








