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Active - Land for sale

122 Reserve Way, Lampasas, TX

Facts & features

Land Property type
886 days on Beycome
$400/yr HOA
467,834 sqft Lot size

Why you’ll love it

10.74 Acres in Burnet County This AG EXEMPT property is located in the exclusive, gated ranch community of Homestead Hills. Offering the perfect setting to build your custom Hill Country ranch home, this property features breathtaking, unobstructed views and a serene, peaceful atmosphere. Enjoy the tranquility and privacy that this exceptional location provides, making it an ideal spot for your dream ranch retreat. Land Tucked away on a private cul-de-sac, this lot features an appealing sloping topography with several potential build sites. You can create scenic pathways through the cedar trees to preserve your privacy while unveiling stunning views at the back of the property. The land backs up to a 500+ acre ranch, offering added seclusion and natural beauty. Utilities: • Power: Available • Water: Well needed • Sewer: Septic needed • Internet: Starlink is best option Homestead Hills The large concrete entrance off county road 101 leads to an impressive gate constructed of limestone and metal. The development has concrete private roads throughout. There's a community ag exemption in place to help lower property taxes. The development has light restrictions to preserve your investment (ie. Barndominiums and commercial activities are allowed) Location Homestead Hills is located 2.3 miles from US 281 • 16 miles to Burnet • 37 miles to Liberty Hill • 71 miles to downtown Austin

Translating description...

Listings courtesy of Longhorn Realty, LLC as distributed by MLS GRID.

Listed by: Andy Deck • (512) 589-0290 • Longhorn Realty, LLC

Co-listed by: Longhorn Realty, LLC

Source: Unlock MLS as distributed by MLS GRID, MLS#: 6154663 Unlock MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 1:33 AM EST.

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Affordability

$120,000$250,000
1%20%
0%90%
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Estimated monthly payment

$969/mo

  • Mortgage$935
  • Property tax$1
  • HOA fee
  • Homeowners insurance
Due at closing$146,996
Down payment held in escrow$36,980
Closing costs$2,774
beycome credit Est.$3,698

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Homestead Hills

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 01:33am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$184,900 Listed price

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$3,698 Credit back

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