Market Research Report for 132 SHIN OAK DR

Background

132 SHIN OAK DR is a residential property located in Lampasas, Texas, within the Cross Timber Ranch subdivision. The property spans 5.19 acres and is zoned for residential use. The community features a community mailbox and is managed by the Cross Timber Grazing Association, which charges an annual HOA fee of $912. The property is listed for sale at $135,000.

Financials and Funding

The property is currently listed for sale at $135,000. The annual HOA fee is $912, and the annual tax amount is $6.

Market Insights and Dynamics

The real estate market in Lampasas, Texas, is characterized by a mix of residential properties, including single-family homes and larger estates. The area offers a rural setting with access to local amenities and is within driving distance of larger cities, providing a balance between seclusion and convenience.

Competitor Analysis

In the Lampasas area, properties similar to 132 SHIN OAK DR include:

132 Oak Dr, Stafford, VA 22554: A 3-bedroom, 1.5-bathroom townhome with 1,302 square feet, sold for $275,000 in December 2025.

132 Oak Tree Dr, Glendora, CA 91741: A 4-bedroom, 3-bathroom single-family home with 2,538 square feet, sold for $785,000 in April 2016.

These properties vary in size, location, and amenities, reflecting the diverse real estate market across different regions.

Strategic Opportunities and Future Directions

For potential buyers, 132 SHIN OAK DR presents an opportunity to acquire a sizable residential lot in a rural setting with manageable HOA fees and low annual taxes. The property's size and zoning allow for various development possibilities, including the construction of a custom home or recreational facilities. Its proximity to larger cities enhances its appeal for those seeking a balance between rural living and urban access.