05/26/2026
đ¨ OVER $350K PRICE REDUCTION! đ¨
A rare Central Texas opportunity with multiple established income streams and significant expansion potential.
This exceptional property features a fully operating setup including a 12-pad RV development, 3 income-producing cabins, an income-producing garden, and 2 single-family homesâall while still offering approximately Âą15 acres for future expansion, farming, subdividing, or additional development.
Strategically positioned with approximately Âą1,700 feet of frontage on N US Hwy 281 and Âą600 feet on E FM 581, the property benefits from high visibility and accessibility. A current TxDOT traffic study shows approximately 5,000 vehicles per day passing the site, with additional growth expected due to the ongoing Hwy 281 expansion from Evant to Lampasas.
Endless potential uses include mini farm operations, multi-generational living, livestock auction barn, convenience store or truck stop, restaurant, RV park expansion, cabin expansion, short-term rentals, Airbnb, and more.
The property includes two standout single-family residences:
The historic home, built circa Âą1870, has been thoughtfully restored and showcases craftsmanship rarely found today. Featuring 24â thick stone walls, exposed beam and wood detailing, approximately Âą1,500 square feet, 2 bedrooms and 1 bathroom, expansive decking and balcony space, and a large underground cellar/storm shelter.
The second residence, a modern barndominium built in 2022, offers luxury finishes throughout including 2-story ceilings, recessed lighting, wood cabinetry, granite countertops, and a screened patio overlooking a large oak grove. This home features approximately Âą1,700 square feet, 3 bedrooms, 2 bathrooms, an open living/kitchen/dining layout, and a large laundry room.
The RV development includes 12 large pad sites with full utility hookups. A dedicated communal building offers multiple washers and dryers along with 2 additional bathrooms.
Additionally, the property includes 3 income-producing cabins, each equipped with bathrooms, kitchens, and sleeping accommodations.
Photos, maps, description for 16588 N Us Highway 281 Highway Lampasas, TX. Search homes for sale, get school district and neighborhood info for Lampasas, TX on renfrewrealestatetx.com -- Real Estate Search.