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.
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.
NTREIS #21365116
Aug 21, 2026
Price Changed
$850,000
$415/sq ft
Aug 20, 2026
Listed
$874,900
$427/sq ft
CTXMLS #609303
Aug 21, 2026
Price Changed
$850,000
$415/sq ft
Jun 16, 2026
Price Changed
$874,900
$427/sq ft
Apr 7, 2026
Listed
$899,000
$439/sq ft
+38
Unlock MLS #7987032
Oct 24, 2025
Price Changed
*
Aug 11, 2025
Price Changed
*
Jun 2, 2025
Price Changed
*
Dec 27, 2024
Listed
*
Unlock MLS #8338098
Nov 16, 2024
Listed
*
Unlock MLS #9512003
Feb 17, 2024
Listed
*
Unlock MLS #6086196
Feb 16, 2024
Listed
*
Year
Property tax
Land + Additions
Assessment*
2026
$3,197 (+10.0%)
2025
$2,906
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
55 Acres
Year renovated
—
Finished Sq. Ft.
1,760
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,760
Year built
2021
Style
Ranch
County
Lampasas County
APN
000000012828
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 12, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
13% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 105° expected this year, 24 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Lampasas, TX • 76550
Average low and high temperatures (°F)
57
36
68
44
78
55
79
60
84
64
90
73
89
73
95
74
88
68
86
61
74
52
66
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1261 Park Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More