Lot 203 Cherry Laurel Lampasas TX 76550

Property Description

AG EXEMPT ~ VERY LOW TAXES, owners paid under $25 in taxes last year. Gated community. Livestock includes Red Stag, Axis Deer, and cattle that roam freely on this Texas ranch setting on Cross Timbers Ranch which has ~ 1,400 acre perimeter fencing. Build your dream home here! Certified tiny homes, cabins and barndominiums are welcome! One of the VERY best lots with numerous majestic live oaks that adorn this property! Electricity is provided as well as High Speed internet. Asphalt streets are currently being paved. By deed restriction, you can only fence one acre, in order to maintain your guaranteed ag exemption on your remaining acres, as this was previously a long-time family ranch, now a unique subdivision of over 400 parcels, ranging from 5 to 10 acres. Adjoining Lot 204 is also for sale $140,000, or both lots for $275,000. Grazing Association fee is $912 total for one or both lots (since they are adjoining lots). This ranch is located in the Hill Country, and only a few minutes from the historically rich town of Lampasas. Rolling hills, wineries, lakes, rivers and recreation activities abound. Austin is about an hour’s drive. Now is the time to own your 5 or 10 acre AG exempt ranch land, no time frame to build! Call Listing Agent to schedule a showing and obtain security gate code.

Property Details

Property Map / Directions

From Hwy 281 in Lampasas: Head west on Naruna Rd., stay left just past Hancock Park and Golf area, as Naruna Rd merges and becomes FM 1478. Travel 6.1 miles, pull in the gated entrance on the right (this is the back entrance, and closest to our lots). This back gated entry has the name Fred Smith on it (see picture in listing.) Lot 203 located just as you enter, on corner of Cherry Laurel and Heartleaf Drive / sign on property.There are no street signs yet, paved roads just being completed. Wildlife and livestock roam freely so please drive careful. See plat map in documents.