FM 581
Mullin, TX 76864
- 5,123 sqft (on 110 acres)
5,123 sqft
(on 110 acres)
Local Information
-- mins to
Description
The Wishing Well Ranch is the perfect place to get away from the crowds for a weekend or a lifetime. This magnificent 110 acres has a lot to offer and has a multitude of possibilities. The ranch is 20 min from Lampasas and less than 1.5 hours to Austin. It fronts FM 581 and paved CR 2600, which provides the possibility for development. Pride of ownership is evident when you drive through the gate. The brush has been cleared leaving park like oak motts. There is approximately 65% tree cover to 35% open pasture. The soils are conducive for improved grasses and the native grasses are strong. Not far from the house is a beautiful lake. The 1-2 acre lake is stocked with bass and catfish. The southern 50+/- acres is wooded, with live oak, post oak, and cedar. There are several meadows that provide shooting lanes and are ideal for food plots. The hunting is excellent with deer, turkey, dove, varmints, hogs, and the occasional quail. The home is perfect for the growing family, a place to retire, or a fantastic weekender. The 1,960 sq ft (Lampasas CAD) home was built in 2012. It has 3 bedrooms, 2 baths, 2 car garage, stone fireplace, a neat island in the kitchen, tile floors, granite counters, covered patio, and a great fire pit for spinning hunting and fishing tales or roasting marshmallows with the kids. The furnishings in the house convey with the sale. Additional improvements include a 50x50 enclosed barn/workshop on a slab. So many possibilities.
FM 581, Mullin, TX 76864 is a 5,123 sqft lot/land. It last sold for $1,175,000 on Aug 19, 2020. It is currently off market. The Trulia Estimate rent is $1,459/month.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for FM 581
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Heating & Cooling Heating: ElectricHeating Fuel: Electric |
Levels, Entrance, & Accessibility Stories: 1 |
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Property Type / Style Property Type: Lot Land |
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Exterior Home Features Exterior: Stone, Wood |
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Lot Area: 110.00 acres |
Price History for FM 581
| Date | Price | Event | Source |
|---|---|---|---|
| 08/19/2020 | -- | Sold | Central Texas MLS #416736 |
| 07/14/2020 | $1,300,000 | Listed For Sale | Agent Provided |
Market trends in Mullin
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
15
1MoM
Comparable Sales for FM 581
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.33 | Lot/Land | - | 09/22/25 | - | - | ||
2.20 | Lot/Land | - | 09/09/25 | - | - | ||
2.64 | Lot/Land | - | 12/29/25 | - | - | ||
2.61 | Lot/Land | - | 01/02/26 | - | - | ||
3.33 | Lot/Land | - | 03/11/26 | - | - | ||
5.96 | Lot/Land | - | 11/26/25 | 4 | 3 | 2,370 | |
6.59 | Lot/Land | - | 11/07/25 | - | - | ||
7.34 | Lot/Land | - | 12/18/25 | - | - | ||
7.75 | Lot/Land | - | 05/04/26 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for FM 581.
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