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123 Private Road 138

Lampasas, TX 76550

2 beds
3 baths
1,177 sqft
~31 acre lot
$675 per sqft
1980 build
– on site

Welcome to a glorious 30.57 acres of pristine beauty awaiting you. This sprawling property is a haven of natural splendor, featuring majestic legacy live oaks and a meticulously remodeled 2,000 +/- sqft home nestled under the shade of grand Spanish Oaks. Accompanying the residence are notable structures designed to enhance your ranch living experience. A substantial 3,750 sqft barn, a 500 sqft Storage Barn, and an insulated backhouse, perfect for a fixer-upper guest cottage or a rustic hunter's cabin, complete this retreat. Enjoy the convenience of co-op water and electricity, ensuring all the comforts of modern living. The property is secured by a chip-sealed paved private road and a keypad gated entrance, offering not just convenience but an added layer of security. The tastefully modern ranch-style home provides spacious living quarters, complemented by two barns that offer ample storage space and potential for livestock or equipment. The property's crowning glory is its breathtaking hill country views toward Lampasas, creating a serene backdrop for outdoor activities or simple relaxation on your porch. This ranch is a harmonious blend of privacy, convenience, and natural beauty, providing an ideal setting for a peaceful and fulfilling lifestyle in the great outdoors. Other Improvements: Modern conveniences abound with electricity, a Corix waterline, and chip-sealed paved road frontage enhancing the property's infrastructure. (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.

Listing courtesy of ABOR / Jaxon Shipley / Shipley Ranches

Last checked: Checking… • Last updated Apr 4, 2025 •

MLS# 4500890 —

The Building

Year Built:

1980
New Construction:

false
Roof:

Metal
Foundation:

Slab
Exterior Features:

None
Accessibility Features:

None
Patio And Porch Features:

Patio
Window Features:

None
Levels:

One
Direction Faces:

North

Interior

Interior Features:

High Ceilings
Living:

1
Dining:

1
Flooring:

Wood
Fireplace:

Wood Burning
Fireplaces Total:

1
Laundry Location:

Laundry Room

Room Dimensions

Living Area:

1177
Living Area Source:

Owner

Financial & Terms

Possession:

Immediate
Restrictions:

Deed Restrictions

Location

Latitude:

31.084133
Longitude:

-98.340258
Directions:

Go West from Lampasas on FM 580. The Double O++ Keypad Gated Entry is located approximately 10 Minutes from Lampasas on your left-hand side.

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Parcel Number:

123 Private Road 138, Lampasas, TX
Property Condition:

Updated/Remodeled
Other Structures:

Barn(s)
Lot Features:

Agricultural
Lot Size Acres:

30.57
Lot Size Area:

30 Sqft
Lot Size SqFt:

1,331,629 Sqft
View:

Creek/Steam
Waterfront:

false
Waterfront Features:

Pond
Horse:

true
Additional Parcels:

false
Fencing:

Barbed Wire
FEMA Flood Plain:

No

Listing Agent

Contact info:

Beds

Bedrooms Total:

2
Main Level Bedrooms:

2

Baths

Total Baths:

2.5
Total Baths:

3
Full Baths:

2
Half Baths:

1

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Vacant
Virtual Tour

Heating & Cooling

Heating:

Propane
Cooling:

Ceiling Fan(s)

Utilities

Utilities:

Above Ground
Sewer:

Septic Tank
Water Source:

Private
Electric On Property:

true

Appliances

Appliances:

RNGHD

Schools

Elementary School:

Kline Whitis
Elementary School District:

Lampasas ISD
Middle School:

Lampasas
Middle School District:

Lampasas ISD
High School:

Lampasas
High School District:

Lampasas ISD

The Community

Subdivision Name:

Double Ott Ranch
Association Name:

Double Ott
Association Fee:

$5
Association Fee Includes:

Maintenance Grounds
Association Fee Frequency:

Annually
Community Features:

Cluster Mailbox
Pool Private:

false
Pool Features:

None

Parking

Parking Features:

Driveway
Garage:

true
Attached Garage:

false
Garage Spaces:

2
Covered Spaces:

2

Monthly cost estimate

Asking price

$795,000

Expense	Monthly cost
Mortgage	$4,256
Taxes	N/A
Insurance	$218
Utilities	$163 See report
Total	$4,637/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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This house located in TX 76550 is currently pending sale for $795,000. 123 Private Road 138 is a 1,177 square foot house with 2 beds and 3 baths that has been on Estately for 512 days. This house is in the attendance area of Lampasas Middle School, Hanna Springs Elementary School, and Lampasas High School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.