122 Reserve Way, Lampasas, Burnet, Land, , 0

$ 159,000
122 Reserve Way, Lampasas, Homestead Hills
Active

Overview

  • Updated On:
  • May 15, 2026

Description

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

Address: 122 Reserve Way
City:
State/County:
Zip: 76550
Country: United States

Property Id: 689269
Price: $ 159,000
Property Lot Size: 11 ft2
AssociationFee: 400
AssociationFeeFrequency: Annually
CommunityFeatures: Other, SeeRemarks, Gated
ContractStatusChangeDate: 2024-10-10
CumulativeDaysOnMarket: 581
DaysOnMarket: 581
Directions: From Burnet, go north of 281. Turn left onto Burnet-Lampassas Rd (CR 101). Turn left onto Homestead Dr. Turn left onto Reserve Way.
Disclosures: AgriculturalExemption
ElementarySchoolDistrict: Lampasas ISD
Fencing: Partial
HighSchoolDistrict: Lampasas ISD
InternetAddressDisplayYN: 1
ListAgentAOR: WilliamsonCountyAssociationOfRealtors
ListAgentDirectPhone: 512-589-0290
ListAgentEmail: andy@deckranches.com
ListAgentFirstName: Andrew
ListAgentFullName: Andrew Deck
ListAgentKey: 13852835
ListAgentLastName: Deck
ListAgentMlsId: 0712002
ListAgentOfficePhone: 512-289-2121
ListAgentPreferredPhone: 512-589-0290
ListAgentStateLicense: 0712002
ListOfficeAOR: WilliamsonCountyAssociationOfRealtors
ListOfficeEmail: info@longhornrealty.com
ListOfficeKey: 2215062
ListOfficeMlsId: W831004521
ListOfficeName: Longhorn Realty, LLC
ListOfficePhone: 512-289-2121
ListingAgreement: ExclusiveRightToSell
ListingContractDate: 2024-10-10
MLS ID: 559396
ListingTerms: Cash, Conventional
LotSizeArea: 10.74
MiddleOrJuniorSchoolDistrict: Lampasas ISD
MlsStatus: Active
Last Modified: May 14, 2026 at 08:52pm
OnMarketDate: 2024-10-10
OriginalListPrice: 194900
OriginatingSystemKey: 54979070
OriginatingSystemName: CTEXAS
PhotosCount: 15
PostalCode: 76550
PreviousListPrice: 164900
PriceChangeTimestamp: May 14, 2026 at 03:52pm
PropertyCondition: Resale
SecurityFeatures: GatedCommunity
Sewer: SepticNeeded
StateOrProvince: TX
StatusChangeTimestamp: October 10, 2024 at 07:26am
StreetName: Reserve
StreetNumber: 122
StreetNumberNumeric: 122
StreetSuffix: Way
TaxLegalDescription: S5231 HOMESTEAD HILLS LOT 58 10.74
TaxLot: 58
Utilities: ElectricityAvailable
View: Hills
WaterSource: NotConnected, WellNeeded, Well
ZoningDescription: NA

Other Features
Has a View
Home Owners Association

$ 815.22
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 616.47

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