# 3588 N US Highway 281, Lampasas, TX 76550 > **TL;DR:** land, $1,250,000. Est. $6,686/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,250,000 | | Lot Size | 5,349,604 sqft (122.81 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,321 | | Estimated Insurance | $365 | | **Total** | **$6,686** | ## Nearby Schools - **Elementary:** Hanna Springs - **Middle:** Lampasas - **High:** Lampasas ## Property Highlights - 122.81 acre lot ## Description ### Agent Description 3588 N. US Highway 281 offers an exceptional opportunity to own 122+/- acres in the heart of Central Texas, where strong investment potential meets the flexibility to create a premier ranch, luxury estate, or future development. Featuring desirable highway frontage, rolling terrain, scattered native trees, and multiple scenic homesites, this property offers the privacy and versatility today's land buyers are seeking. Whether your vision is a custom ranch headquarters, equestrian property, cattle operation, or recreational retreat, the acreage provides ample room to build while preserving the character of the land. Investors and developers will appreciate the potential to subdivide into approximately 20-acre tracts (subject to county approval), creating estate-sized ranchettes that may qualify for agricultural valuation with continued qualifying use and meet the growing demand for larger acreage throughout Central Texas. With its strategic location, development flexibility, and long-term appreciation potential, this property presents a rare opportunity for end users, investors, and developers alike to capitalize on one of Texas' strongest land markets. ## Location - **Address:** 3588 N US Highway 281, Lampasas, TX 76550 - **County:** Lampasas - **Neighborhood:** Gibson Branch - **Coordinates:** 31.104513, -98.182832 - **Google Maps:** https://www.google.com/maps?q=31.104513,-98.182832 ## Listing Agent - **Name:** Nichole Shelton - **Brokerage:** Christies Lone Star - **Broker Phone:** 214-821-3336 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3588-N-US-Highway-281_Lampasas_TX_76550_M95507-74830?f=listhub&s=NTREIS&m=21339272&c=propsimple) ## Photos ![3588 N US Highway 281 - Photo 1](http://lh.rdcpix.com/dbb19e61fbcf4f830d6ce76ffe5d4d18l-f418824971r.jpg) ![3588 N US Highway 281 - Photo 2](http://lh.rdcpix.com/dbb19e61fbcf4f830d6ce76ffe5d4d18l-f1212000150r.jpg) --- **MLS#:** 21339272 | **Updated:** 2026-10-23 **Source:** listhub *Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/3588-n-us-highway-281-lampasas-tx-76550-7a45fb927b214eebada31310cd24f86e) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/3588-n-us-highway-281-lampasas-tx-76550-7a45fb927b214eebada31310cd24f86e#listing", "url": "https://staging.propertysimple.ai/listing/3588-n-us-highway-281-lampasas-tx-76550-7a45fb927b214eebada31310cd24f86e", "name": "3588 N US Highway 281, Lampasas, TX 76550", "description": "3588 N. US Highway 281 offers an exceptional opportunity to own 122+/- acres in the heart of Central Texas, where strong investment potential meets the flexibility to create a premier ranch, luxury estate, or future development. 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