The property is located just N of Lampasas (1.45 mi.) at the intersection of Highway 281 & Highway 183. It is 1-hr N of Austin, 2.5-hrs S of DFW (approx.), 1-hr SE of Brownwood. Property access is off of Hwy 281 N and a possibility of dual access from State Hwy 281 to the W and CR 3400 to the E (would exceed 2 acres if wanted owned access back to the CR) Water and electrical are available and in the area. Topography is flat, but property sits atop a hill overlooking the City of Lampasas. Per TX Dot traffic along the property is in excess of 2,000 vehicles/day.
Property Details
Property Features
Listing Office:
Office Name: UTR TEXAS, REALTORS
Office Phone: (281) 282-0935
Listing Agent: Linda Cessac
Lot Features
Lot Information:
Lot: Cleared, Open Lot, Other
School Info
Assigned Schools Information:
Lampasas High School, Public District Grades 9-12
Lampasas Middle School, Public District Grades 6-8
Hanna Springs Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: The property is located just N of Lampasas (1.45 mi.) at the intersection of Highway 281 & Highway 183. It is 1-hr N of Austin, 2.5-hrs S of DFW (approx.), 1-hr SE of Brownwood. Property access is off of Hwy 281 N.
Price Information
Listing Price Info
Price Summary:
List Price: $475,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lampasas, TX.
This property is $167K more than the Median Sold Price in Lampasas, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #77779606
Listing Office:
Office Name: UTR TEXAS, REALTORS
Office Phone: (281) 282-0935
Listing Agent: Linda Cessac
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Last updated on: 11/2/2024, 2:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,438
Per Month
Principal & Interest
$2,371
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,491
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Hanna Springs Elementary School
604 E Avenue F
Distance between this listing and this school0.86 miles
Public District Grades PK-5
Middle School
6
/10
Lampasas Middle School
902 S Broad St
Distance between this listing and this school1.88 miles
Public District Grades 6-8
High School
5
/10
Lampasas High School
2716 South Hwy 281
Distance between this listing and this school3.04 miles
Public District Grades 9-12
Assigned Schools
4
/10
Hanna Springs Elementary School
604 E Avenue F
Distance between this listing and this school0.86 miles
Public District Grades PK-5
Nearby Schools
6
/10
Kline Whitis Elementary School
500 S Willis St
Distance between this listing and this school2.06 miles
Public District Grades PK-5
8
/10
Taylor Creek Elementary School
2096 Big Divide Rd
Distance between this listing and this school13.80 miles
Public District Grades PK-5
Assigned Schools
6
/10
Lampasas Middle School
902 S Broad St
Distance between this listing and this school1.88 miles
Public District Grades 6-8
Nearby Schools
5
/10
S C Lee Jr High School
1205 Courtney Ln
Distance between this listing and this school17.09 miles
Public District Grades 6-8
4
/10
Copperas Cove Jr High School
702 Sunny Ave
Distance between this listing and this school18.02 miles
Public District Grades 6-8
Assigned Schools
5
/10
Lampasas High School
2716 South Hwy 281
Distance between this listing and this school3.04 miles
Public District Grades 9-12
Nearby Schools
5
/10
Lometa School
100 N 8th St
Distance between this listing and this school15.08 miles
Public District Grades PK-12
3
/10
Copperas Cove High School
400 S 25th St
Distance between this listing and this school16.23 miles
The neighbors living near this home have an average income of $35,758. The most common annual income of people living in Lampasas, TX is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1550 N US Highway 281
What is the listing price of this property?
The listing price of 1550 N US Highway 281 property is $475,000.
What type of property is this?
The property 1550 N US Highway 281 is land located in Lampasas, Texas, 76550.
Is this property for sale now?
Active Listing: 1550 N US Highway 281 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1550 N US Highway 281 are: Hanna Springs Elementary School: GreatSchools Rating 4/10Lampasas Middle School: GreatSchools Rating 6/10Lampasas High School: GreatSchools Rating 5/10
Interested in 1550 N US Highway 281? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1550 N US Highway 281 in Lampasas, TX and zip code 76550. It has been listed on Rocket Homes since January 19, 2023 and is currently priced at $475,000.
In October 2024, from all listings sold in Lampasas, TX there were more than 0 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. In October 2024 in Lampasas, TX there were 7.9% more homes for sale than in September 2024. While the average time on the market in October 2024 was 75 days, the median list price was $308,000.
From Rocket Homes Real Estate and based on county public records data.