8467 N. Us 281 Hwy., Lampasas, TX 76550 - 1527030 - iPro Real Estate

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For Sale

$21,500,000 $273.91 per sqft

Free Professional CMA

Listing ID : 1527030

  • Structure / Lot Size

    78,492 Sqft / 408 Acre
  • Year

    2007

Description

The Underwood Ranch is a remarkable 408.74+/- acre legacy with a convenient location near Lampasas & Austin. It’s diverse topography features, breathtaking vistas, productive bottom land, and native trees. The crown jewel of the ranch is a stunning main house with exquisite craftsmanship, 4 bedrooms, 4 baths, 3 half baths, 2 commercially equipped kitchens, a great room with a massive bar, and a 5-car garage. A barndominium, a foreman's/guest house, and a multi-use building offer additional living and storage space. Abundant water resources, includes stocked lakes/ponds, 7 water wells, private power plant, ensure self-sufficiency. With high fencing, an MLD permit, and a variety of wildlife, the ranch is ideal for hunting. Whether as a retreat, event venue, or family/corporate ranch, the Underwood Ranch is a versatile property that will bring joy every time you enter its gates.

Details

Type: Farm Sale 
Subdivision: None 
MLS Area: LP - Lampasas County 
County: Lampasas 
Tax ID: 2156304000000
Annual Taxes: $51,067
School District: Lampasas ISD
Elementary: Hanna Springs 
Middle: Lampasas 
High: Lampasas 
Farm: Gentleman Ranch, Hunting Lease Potential, Livestock, Recreational, See Remarks 
Days on Market: 619 
Cooling: Ceiling Fan(s), Central Air 
Heating: Central, Fireplace(s), Propane 
Property Type: Residential Sale 
Restrictions: None 
Sub Type: Ranch 
Utilities: Electricity Available, Propane, See Remarks 
View: Hill Country, Lake, Pasture 
Waterfront Features: Lake Front, Waterfront 

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31.173769 -98.176941 $21,500,000 1527030
8467 N. Us 281 Hwy., Lampasas, TX 76550
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Listed by Mike Bacon with Texas Ranch Brokers LLC

Based on information from the Austin Board of REALTORS® 2/21/2025.

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.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, the data is deemed reliable but is not guaranteed accurate by the MLS. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content. “AS IS” and without any warranty, express or implied.