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$4,574,900
1764233 MLS
230.1 Unrestricted & Ag-Exempt Acres| River Frontage | Panoramic Hill Country Views This exceptional unrestricted and ag-exempt property offers a rare blend of natural beauty, privacy, and development potential. With frontage on the North Fork of the San Gabriel River, the land features rolling terrain, sweeping Hill Country vistas, and wide-open space ideal for recreation, ranching, or future improvement. Located just 5 miles east of US 281 and a short drive north of Burnet, this versatile acreage is mostly unimproved providing a blank canvas to create your dream getaway, homestead, or investment property. Whether you're looking to build, hunt, graze, or simply enjoy the outdoors, this land delivers the freedom and flexibility to make it your own. Improvements Perched on a hilltop, an old farmhouse offers rustic charm and could serve as a weekend getaway, hunting cabin, or temporary residence while you build your dream home. Just behind the house are several older barns that provide useful storage or utility space. Land The property boasts varied elevations, from 1360 ft at the front sloping down to 1260 ft at the North Fork of the San Gabriel River that runs along the back boundary of the property. This elevation change creates amazing views of the Hill Country in Burnet County. The property also has 3 stock tanks that provide water to the grazing cattle. Utilities: • Power: Connected to the farmhouse • Water: Provided by a well • Septic: Installed and connected to the house. Wildlife The property has abundant wildlife, including white-tailed deer, turkeys, and doves. Location Situated 15 miles north of Burnet, the property is: • 15 miles from Lampasas • 30 miles from Liberty Hill • 64 miles from downtown Austin Leases There is an existing cattle grazing lease.

4220 County Road 202, Burnet

$108,000
1825693 MLS
Gorgeous Hill Country Land – Minimal Restrictions! Just 6 Miles from Lampasas | Ag Exempt | Lampasas ISD Build your dream home, barndominium, or tiny house on this stunning gated property offering breathtaking Hill Country views. Enjoy the peace and privacy of country living with paved roads, electricity at the street, and minimal restrictions that give you the freedom to create your perfect retreat. This property is ag-exempt to keep your property taxes low, and is located within the highly regarded Lampasas ISD. A well and septic will be needed. Wildlife and exotic animals roam freely, adding to the beauty and serenity of this unique opportunity. Don’t miss your chance to own a slice of Hill Country paradise!

Lot 231 Winecup Dr, Lampasas

$19,000
8160979 MLS
This property is perfect for a buyer who wants a great future investment or someone who wants to build a permanent home or vacation hideaway near Lake LBJ. Access to the Lake is included with ownership at Quail Point Lodge, which is wonderful for swimming, picnicking, concerts on the lawn and many other activities planned by the Property Owners Association year-round. Close to all of the fabulous amenities of Horseshoe Bay Resort (with membership) for world class golf, pools, marina, yacht club and clubhouses with fine dining and other activities. An hour from downtown Austin, this Hill Country Retreat offers a great lifestyle for the new owner of this property. Look around and see the hill country views while enjoying the lifestyle of Horseshoe Bay and Lake LBJ.

Lot 22325 Jalapeno, Horseshoe Bay

$105,000
1973337 MLS
Welcome to Headwaters of the San Gabriel—a serene, gated community tucked away in the heart of Texas Hill Country. This 1.4-acre homesite offers the perfect balance of privacy, scenic beauty, and convenience. Electric service is already on the property near the front of the lot, providing a valuable head start for future building. Located just off CR 333, this oversized lot is minutes from downtown Burnet and a short drive to Marble Falls. As you leave the main road behind, you’ll be greeted by gently rolling pastures and peaceful surroundings that make this property feel like a true escape. The lot is mostly level and dotted with mature trees, offering flexibility for custom home design, landscaping, and outdoor living. Take in the sweeping Hill Country views and imagine the possibilities—your future home, retreat, or investment opportunity. Residents of this growing community enjoy underground water provided by the City of Bertram, with telephone service available, adding to the ease of building now or planning for the future. Don’t miss the aerial photos, where you can explore the land from above and experience the full beauty of the property. Come see it for yourself and bring your vision to life.

332 First Down Dash, Burnet

$7,344,000
3 Beds ⋅ 4 Baths ⋅ 2915849 MLS
Smith River Ranch: Premier 293-Acre Estate located on the Lampasas River Location: Ideally positioned just 15 minutes from Copperas Cove and Lampasas, and approximately one hour from Austin, Smith River Ranch offers a rare blend of privacy, luxury, and convenience. This sprawling 293-acre estate is nestled in the heart of the Texas Hill Country, providing seamless access to urban amenities while offering a peaceful retreat surrounded by natural beauty. Property Overview: Smith River Ranch is a turn-key recreational and agricultural estate, boasting approximately 5,040 feet of pristine Lampasas River frontage. The land is a diverse mix of 50% pasture and 50% brush, and is predominantly high-fenced, with a robust wildlife management program in place. The ranch is home to an estimated 100 white-tailed deer with a 2:1 doe-to-buck ratio, including trophy bucks in the 225-“250 inch class, and 10-12 bucks scoring between 165-“230inches. Additionally, the ranch supports a thriving population of 30-“40 axis deer, including a few trophy-class bucks. The ranch holds a Level 3 Managed Land Deer (MLD) Wildlife Exemption, and is outfitted with four blinds (three within the high-fenced area), four protein feeders, and four feed pens. Water is abundant across the property with three water troughs plumbed into Kempner city water, a reliable old well servicing three additional troughs and cattle pens, and access to city water services for the home, pool, shop, and surrounding infrastructure. Smith River Ranch is a truly exceptional offering that combines luxury living, recreational excellence, and productive agriculture, all set against the breathtaking backdrop of the Lampasas River. Whether you are seeking a turnkey hunting retreat, a working ranch, or a private escape near Austin, this premier estate delivers unparalleled opportunity in the heart of Texas Hill Country.

4503 Fm 1715, Lampasas

$133,000
4431217 MLS
Discover your slice of Texas paradise in this beautiful gated community just 6 miles from Lampasas, within the highly regarded Lampasas ISD. This picturesque property offers breathtaking Hill Country views, stunning sunsets, and an agricultural exemption already in place to help keep property taxes low. Enjoy paved roads, electricity at the street, and the freedom to build your dream setup—barndominiums and tiny homes are welcome! You’ll need a well and septic, but the land is ready for your vision. Wander among native wildlife and exotic animals that roam freely throughout the community, creating a serene and natural atmosphere perfect for peaceful country living. Don’t miss the chance to own land with minimal restrictions, natural beauty, and true Texas charm—all just minutes from town!

Lot 23 Shin Oak Dr, Lampasas

$255,000
2 Beds ⋅ 2 Baths ⋅ 5733978 MLS
Colorado River, Sunsets, and Golf Course Views! ~ This lovely townhome is the answer to a ‘Lock and Leave’ property with low maintenance. Enjoy views of the Colorado River and the gorgeous sunsets from the back, and the Colovista Golf Course #4 fairway from the front. The peace and quiet of the setting, along with the wildlife, migratory birds, and open spaces make this a special place. The living, dining, and kitchen are open with windows in the back to let in the natural light The living area features a wood-burning fireplace for those cool evenings. Granite counters and an abundance of cabinets in the kitchen, plus a breakfast bar, make this kitchen perfect for entertaining. Flooring has been upgraded to hardwood in both of the bedrooms. Located in the Colovista Country Club community between the charming historic cities of Bastrop and Smithville and just 25 miles from Austin Bergstrom International Airport. The covered back porch has been extended with a patio area and has a wrought iron fence for pets and privacy. Enjoy outdoor activities at nearby Bastrop and Buescher State Parks, kayaking and fishing along the Colorado River, and golfing right at home. In addition to the Colovista Country Club POA dues of $1068/year, the Townhomes have a separate POA, and dues are billed monthly for $300. These dues cover exterior maintenance, both for the lawn and townhome, water and a liability insurance policy. Homeowner's insurance policy will be required.

539 Colovista Pkwy Unit C103, Bastrop

$5,371,200
1 Beds ⋅ 1 Baths ⋅ 9139969 MLS
Rare Natural Water Grotto, Pond, Wet Weather Creeks, Expansive Hill Country Views, Mature Oaks, Ag-Exempt, Unrestricted, 404 Frontage and Borders 276+/- Acres of Parkland with Equestrian, Hike & Bike Trails to Lake Travis - in a thriving corridor near the future Loraloma/Thomas Ranch and CanyonRanch Wellness Resort. Whether you're seeking a picturesque Gentlemans Ranch (hunt/fish), a state-of-the-art equestrian facility (with trails to Lake Travis), or planning a retreat, resort, music or wedding venue, or custom development, this property offers an extraordinary canvas in one of the Hill Countrys most exciting regions. Located approximately 35 miles from Austin and 95 miles from San Antonio, and just minutes from boating, a private airport, Barton Creek Lakeside, Lakecliff Golf Club, Krause Springs, Austin Country Club, and several award-winning wineries and distilleries. Before recent market changes, this ranch received a LOI at $100K/acre, and is now offered $72K/acre ($5,371,200) - over $2 million less. This rare hidden gem & investment features a 1940's Cabin, two wells, electricity onsite, and potential water/sewer services may be available (inquire for details). If a buyer desires additional acreage, contact the listing agent for potential contiguous tracts up to 452.97+/- acres. Owned by the same family since the 1940s, this is a rare opportunity to acquire a breathtaking piece of the Texas Hill Country - offering natural beauty, heritage, and long-term growth potential. Schedule your private UTV tour today. Not all land is created equal, and this property is a perfect example of why. Buyer to independently verify all information, including but not limited to taxes, restrictions, schools, square footage, lot size, etc.

9939 County Road 404, Spicewood

$225,000
6759934 MLS
Discover the perfect blend of natural beauty and investment potential with this stunning 1.5+ acre lot in the desirable waterfront community of Lost Cove. Whether you're ready to build with your own builder or prefer to buy and hold, this property offers flexibility and value. The lot features a topography survey and an elevated position ideal for capturing the Hill Country views. Located on a peaceful cul-de-sac in a quiet neighborhood, the property is just a short distance from a private, gated waterfront park on Lake Travis, complete with a boat ramp—exclusive to owners. A rare find in a sought-after location! Great Marble Falls schools including award winning Spicewood Elementary. Low tax rate! Aquafer Water Well in place, community shared. Buyer to verify information. (*Ask about a builder recommendation)

Lot 18 South Cv, Spicewood

$5,371,200
7103703 MLS
Rare Natural Water Grotto, Pond, Wet Weather Creeks, Expansive Hill Country Views, Mature Oaks, Ag-Exempt, Unrestricted, 404 Frontage and Borders 276+/- Acres of Parkland with Equestrian, Hike & Bike Trails to Lake Travis - in a thriving corridor near the future Loraloma/Thomas Ranch and CanyonRanch Wellness Resort. Whether you're seeking a picturesque Gentlemans Ranch (hunt/fish), a state-of-the-art equestrian facility (with trails to Lake Travis), or planning a retreat, resort, music or wedding venue, or custom development, this property offers an extraordinary canvas in one of the Hill Countrys most exciting regions. Located approximately 35 miles from Austin and 95 miles from San Antonio, and just minutes from boating, a private airport, Barton Creek Lakeside, Lakecliff Golf Club, Krause Springs, Austin Country Club, and several award-winning wineries and distilleries. Before recent market changes, this ranch received a LOI at $100K/acre, and is now offered $72K/acre ($5,371,200) - over $2 million less. This rare hidden gem & investment features a 1940's Cabin, two wells, electricity onsite, and potential water/sewer services may be available (inquire for details). If a buyer desires additional acreage, contact the listing agent for potential contiguous tracts up to 452.97+/- acres. Owned by the same family since the 1940s, this is a rare opportunity to acquire a breathtaking piece of the Texas Hill Country - offering natural beauty, heritage, and long-term growth potential. Schedule your private UTV tour today. Not all land is created equal, and this property is a perfect example of why. Buyer to independently verify all information, including but not limited to taxes, restrictions, schools, square footage, lot size, etc.

9939 County Road 404, Spicewood

$5,371,200
6393135 MLS
Rare Natural Water Grotto, Pond, Wet Weather Creeks, Expansive Hill Country Views, Mature Oaks, Ag-Exempt, Unrestricted, 404 Frontage and Borders 276+/- Acres of Parkland with Equestrian, Hike & Bike Trails to Lake Travis - in a thriving corridor near the future Loraloma/Thomas Ranch and CanyonRanch Wellness Resort. Whether you're seeking a picturesque Gentlemans Ranch (hunt/fish), a state-of-the-art equestrian facility (with trails to Lake Travis), or planning a retreat, resort, music or wedding venue, or custom development, this property offers an extraordinary canvas in one of the Hill Countrys most exciting regions. Located approximately 35 miles from Austin and 95 miles from San Antonio, and just minutes from boating, a private airport, Barton Creek Lakeside, Lakecliff Golf Club, Krause Springs, Austin Country Club, and several award-winning wineries and distilleries. Before recent market changes, this ranch received a LOI at $100K/acre, and is now offered $72K/acre ($5,371,200) - over $2 million less. This rare hidden gem & investment features a 1940's Cabin, two wells, electricity onsite, and potential water/sewer services may be available (inquire for details). If a buyer desires additional acreage, contact the listing agent for potential contiguous tracts up to 452.97+/- acres. Owned by the same family since the 1940s, this is a rare opportunity to acquire a breathtaking piece of the Texas Hill Country - offering natural beauty, heritage, and long-term growth potential. Schedule your private UTV tour today. Not all land is created equal, and this property is a perfect example of why. Buyer to independently verify all information, including but not limited to taxes, restrictions, schools, square footage, lot size, etc.

9939 County Road 404, Spicewood

$1,250,000
3316118 MLS
Over 10 acres at one of the higher elevations in the Marble Falls area, offering sweeping panoramic views of Lake Marble Falls, downtown Marble Falls, & the surrounding Texas Hill Country. The true value of this property lies in the land, the elevation, & its exceptional location just minutes from Marble Falls, Horseshoe Bay Resort, & Lake LBJ. The acreage features mature oaks, native trees, & striking granite outcroppings. Portions of the property slope into a canyon, creating a natural buffer that enhances privacy & security while framing dramatic Hill Country views. A two-story 2,400 sqft home built in 2001 (3 bed-3.5 bath) currently sits on the prop & is functional as a residence, guest house, or potential rental opp (subject to permits). It could also provide a practical place to live while planning & building a future custom home on the prop. Additional improvements include two detached carports & two large water storage tanks. New survey available. This property presents a rare opp for a private Hill Country estate homesite with elevated lake views so close to town. Given its size, location, & proximity to Marble Falls growth corridors, buyers may also wish to explore the potential for future rezoning or subdivision opportunities, subject to city approvals & development requirements. Conveniently located approx 2 miles from historic Marble Falls, about 5 miles from Horseshoe Bay Resort, & within easy reach of Lake LBJ, medical facilities, & regional retail development.

103 Palmie Ln, Marble Falls

$849,000
3 Beds ⋅ 3 Baths ⋅ 6364366 MLS
Nestled inside the gated community of Inks Lake Village, this beautifully maintained 3-bedroom, 3-bath Hill Country estate offers breathtaking lake views, generous living space, & the relaxed lifestyle everyone dreams about. Whether you're searching for a full-time residence, weekend getaway, or short-term rental investment, this home delivers it all. The community waterfront park is just a short walk or golf cart ride away, making lake days effortless. Enjoy the fishing pier, swimming area, & convenient boat ramp. The neighborhood has a warm, welcoming feel, with neighbors gathering for holiday celebrations and seasonal parties. And then there’s Inks Lake—a true Hill Country gem known for its clear water, scenic beauty, and year-round recreation. Boating, fishing, kayaking, & swimming are all part of everyday life here. Back at home, the views are unforgettable. Designed to host a crowd, this custom-built estate offers plenty of space for large families & weekend guests. The open-concept kitchen, living, & dining areas are perfect for gathering, while expansive windows with motorized shades frame sweeping views of the lake and state park. The chef’s kitchen features high-end appliances, & two large patios invite you to enjoy morning coffee, sunset drinks, & outdoor entertaining year-round. The main level includes a spacious primary suite with dual closets & an en-suite bath, plus a guest bedroom & full bath. Downstairs, you’ll find a third bedroom & bath, two flexible bonus spaces, and a large workshop—ideal for hobbies, storage, or additional living space. The home’s exterior features full stone construction, lush landscaping, an oversized 3-car garage, and a Class 4 roof installed in September 2024. It has been pre-inspected & the septic system is approved by LCRA. This is more than a home—it’s a lifestyle. A place to gather with family, launch the boat in minutes, watch the sunrise over the lake, & build memories that last a lifetime.

604 N Inwood Rd, Buchanan Dam

$1,250,000
3 Beds ⋅ 4 Baths ⋅ 9125207 MLS
Over 10 acres at one of the higher elevations in the Marble Falls area, offering sweeping panoramic views of Lake Marble Falls, downtown Marble Falls, and the surrounding Texas Hill Country. The true value of this property lies in the land, the elevation, and its exceptional location just minutes from Marble Falls, Horseshoe Bay Resort, and Lake LBJ. The acreage features mature oaks, native trees, and striking granite outcroppings. Portions of the property slope into a canyon, creating a natural buffer that enhances privacy and security while framing dramatic Hill Country views. A two-story 2,400 sqft home built in 2001 (3 bed / 3.5 bath) currently sits on the property and is functional as a residence, guest house, or potential rental opportunity (subject to permits). It could also provide a practical place to live while planning and building a future custom home on the property. Additional improvements include two detached carports and two large water storage tanks. New survey available. This property presents a rare opportunity for a private Hill Country estate homesite with elevated lake views so close to town. Given its size, location, and proximity to Marble Falls growth corridors, buyers may also wish to explore the potential for future rezoning or subdivision opportunities, subject to city approvals and development requirements. Conveniently located approximately 2 miles from historic Marble Falls, about 5 miles from Horseshoe Bay Resort, and within easy reach of Lake LBJ, medical facilities, and regional retail development.

103 Palmie Ln, Marble Falls

$1,350,000
3 Beds ⋅ 4 Baths ⋅ 7230392 MLS
Luxurious Retreat Overlooking Lake Marble Falls Awaits You! Nestled on a sprawling 8.52-acre estate, this 3,167 square foot custom home is a masterpiece of design & privacy, offering unparalleled views of Lake Marble Falls, the Colorado River basin, & charming downtown Marble Falls. Designed for those who seek serenity and privacy, this property is ingeniously integrated into the hillside, providing a secluded oasis that is truly one-of-a-kind. As you enter this magnificent residence, you are greeted by an atmosphere of sophisticated luxury. The upper level serves as the heart of the home, featuring the exquisite primary suite, a formal dining room, a splendid breakfast nook, and a large open living area complete with a cozy stone fireplace. This space is perfect for entertaining or simply relaxing while soaking in the breathtaking views through expansive windows. The sound-proof home theatre promises unforgettable movie nights, while an additional bedroom, a second bathroom, a powder bath, & a well-appointed office complete the upper level. The seamless integration of indoor and outdoor spaces is exemplified by the upstairs balcony, offering an awe-inspiring panorama of the surrounding nature and lake below. Descending into the lower level, you'll find a one-bedroom suite with a full bathroom& a large office space, perfect for work & creative pursuits. The home's design ensures every room captures the tranquil essence of its natural setting. The estate is a haven for wildlife, with fruit and pecan trees. Texas wildflowers, & frequent sightings of deer, quail, & turkey. Enjoy the serenity of nature from the downstairs covered porch, an ideal spot for morning coffees or evening reflections; relaxing firepit. This home includes an attached 2-car garage, plus a unique HVAC-controlled room that can serve as a workshop or home canning/prep kitchen, equipped with a utility sink. Perfect off-grid location!

91 Gateway N., Marble Falls

$3,165,000
3 Beds ⋅ 1 Baths ⋅ 4159266 MLS
Conveniently located approx 14 miles North of Lampasas. Approx 1.3 miles off Hwy 281. Mostly a cattle grazing, hunting and recreational ranch. Float the creek in optimum weather periods or get your fly rod out at the deep holes and cast away. Drive through the gate on top of the plateau with expansive hill country views. There is a gradual drop of 120’ in elevation down to Simms Creek, the beautiful rock bottom creek is the main attraction. Water runs clear most of the time and you can see the bottom and fish swimming by. There are also three stock ponds, one known to have been previously fished. Lampasas County is known for great hunting and diverse wildlife, and Simms Creek 267 has it all. The property provides good habitat for whitetail deer, turkey, dove, ducks, feral hogs, and varmints. A good mix of heavy to moderate tree cover, forbs, and browse help attract wildlife to the ranch. The approx 1,032 sq ft updated 1940s ranch house includes three bedrooms, one bath, kitchen, enclosed sun porch, separate dining room and living area. With central air/heat for year round comfort. The natural hardwood floors have been carefully restored to bring back some of the original charm. There is a covered front porch with plenty of room for grilling or just sitting outside during a spring rain shower or enjoying the beautiful sunsets. The barn is perfect for storing your tractor, UTVs and ATVs. There is an old hay barn/horse stall. The ranch is blessed with ample water supplied by a 60 gpm private well.

#866 Cr 2806, Lampasas

$1,100,000
8440003 MLS
Burnet County 54+/- acres Welcome to this stunning 54+/- acre property in Burnet County, offering the perfect blend of natural beauty and versatility. This property boasts a dynamic mixture of well-maintained open pastures, enchanting oak motts, and lush cedar coverage. This makes it an ideal setting for hunters, outdoor enthusiasts, hobby farmers, or those seeking privacy and tranquility. The extensive trail system throughout the land lends great accessibility to all parts of the property. The rolling topography provides breathtaking views and a variety of terrain. There is a large tank located at the bottom of the main pasture. Typically, this tank holds water very well and is very substantial in both depth and surface acreage when full. This property holds a coveted wildlife exemption for extremely low tax liability. Several feeders, water troughs, hunting stands, and game cameras scattered throughout the property ensure proper wildlife management and hunting opportunity. Having been owned by the same family for many years, you can be assured wildlife population management, property maintenance, and overall pride of ownership have been second to none. Whether you’re looking to create your dream home, a private getaway, or a recreational retreat, this property offers endless possibilities. (Buyers agent must be identified on the first contact and must accompany buyer prospect on all showings to be allowed full participation. If this condition is not met, fee participation will be at the sole discretion of Shipley Ranches, Broker). The information contained herein is understood to be accurate and reliable, but it is not guaranteed. Please verify all information before using the information contained herein for decision-making purposes.

000 S Rocky Trail, Lampasas

$265,000
1 Beds ⋅ 1 Baths ⋅ 5568601 MLS
Exceptional Value at Waters of Horseshoe Bay!! Looking for a prime investment opportunity or a second home getaway? This competitively priced one-bedroom condo at Waters of Horseshoe Bay is a rare find. Nestled in the heart of the resort and just steps away from the Yacht Club, this condo offers ultimate convenience, with easy access to the lake and all the amenities the Resort has to offer. The Waters community offers a beautiful brand new owner's pool conveniently located at nearby Waters Lakeside. This is the perfect opportunity for investors or anyone looking for a charming lakeside retreat. Short term rentals are welcome at The Waters making this condo even more attractive! Horseshoe Bay Resort is located on constant level Lake LBJ and is a private members-only club. The Resort offers golf, swimming, boating, tennis, pickleball ,fitness, wellness, dining and much more. Please inquire with Membership for details. Seller is LREA

101 W Bank Unit 27, Horseshoe Bay

$399,000
1 Beds ⋅ 1 Baths ⋅ 4534405 MLS
Impeccably updated and now offering six months HOA dues prepaid at closing! Without a doubt you will not find a nicer one-bedroom condo at the Waters than this fully and professionally transformed property! Gorgeous lake views!! Enjoy a peaceful getaway on Lake LBJ! This beautifully furnished waterfront condo recently underwent a stunning metamorphosis, emerging as a breathtaking sanctuary. Every inch of its interior was meticulously redesigned and reinvented, leaving no trace of its former self. The sleek lines of the new hardwood floors guide you through the open concept living space, where natural light dances through the windows. Enjoy a kitchen which is bright and cheery with gleaming quartz countertops and state-of-the-art appliances. The master bath offers a beautiful curb-less walk in shower and double sinks. Enjoy lake views in both directions on your private balcony overlooking the shimmering waterfront. This completely transformed waterfront condo is not just a perfect home for full time or second home living, it is also an ideal investment property! The condo has been previewed for the Resort Rental program and should easily qualify with a few minor additions. Selling furnished with the exception of a few items and artwork, the condo is move in ready. List of furnishings and renovations available.

1001 The Cape Rd Unit 46, Horseshoe Bay