19348 N Us Highway 281, Lampasas TX 76550

Lampasas, TX 76550 | none

$3,750,000 $1,136/sqft ▼ $750,000 (16.7%)
3 Beds
3 Baths 3 Full
3,300 Sq Ft
387.75 Acres
2020 Built

About This Property

Race Ranch is an exceptional 387.35+/- acre legacy family ranch offering a rare blend of quality improvements, productive land, recreational appeal, and convenient frontage along US Highway 281 in Lampasas County. Ideal as a luxury homestead, working ranch, or recreational retreat, the property is thoughtfully improved and well positioned for long-term enjoyment or investment.

At the heart of the ranch is a custom Santa Fe–inspired Southwest residence built in 2020. The 2,525; square-foot single-family home features 3 bedrooms and 3 full baths and showcases an open-concept design with high wood-beam ceilings, hand-laid Saltillo tile flooring, custom cabinetry, solid-surface countertops, quality built-ins, and expansive windows overlooking a scenic pond. A custom adobe fireplace anchors the living area, while covered patios provide excellent outdoor living space. An in-ground private pool further enhances the home’s resort-style appeal.

Ranch Improvements & Structures
• Shop with office and workshop space
• Equipment shed and additional storage buildings
• Barns and outbuildings suitable for ranch operations
• Guest house with covered outdoor patio for visitors or supplemental use
Land, Water & Agricultural Features
• Approximately 381.79± acres, fenced and cross fenced
• 40+/- acres of improved pasture currently producing hay
• Agricultural lease in place for grass, crops, and hunting
• Three ponds/stock tanks and a wet-weather creek
• Private water well with irrigation
• Well suited for livestock and horses
Recreational Opportunities
• Excellent hunting for whitetail deer, dove, turkey, hogs, and occasional exotic species
• Fishing, hiking, trailing riding, and bird watching across diverse terrain and ecosystems

Conveniently located within driving distance that offers a compelling combination of privacy, productivity, and accessibility in one impressive Texas Hill Country offering.

Property Highlights

Pool Fenced, In Ground

Features

  • Ceiling Fan(s)
  • Beamed Ceilings
  • High Ceilings
  • Chandelier
  • Kitchen Island
  • Open Floorplan
  • Washer Hookup

Location

Schools

School District Lampasas ISD
Elementary Hanna Springs
Middle School Lampasas
High School Lampasas

Property Details

Property Type Farm
Flooring See Remarks
Cooling Ceiling Fan(s), Central Air
Heating Central
Exterior Gutters Partial, Lighting
County Lampasas
MLS # 1588086

Tax Information

Annual Taxes $1,319 (2025)

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Listing History

MLS# 1588086 - Updated Apr 6, 2026
Mar 5, 2026 Price Change $3,750,000
Jan 23, 2026 Listed Listing Courtesy of Texas Ranch Brokers LLC - mike@​txranchbrokers.com $4,500,000

Frequently Asked Questions About 19348 N Us Highway 281, Lampasas TX 76550

When was 19348 N Us Highway 281, Lampasas TX 76550 built?

19348 N Us Highway 281, Lampasas TX 76550 was built in 2020.

How much does 19348 N Us Highway 281, Lampasas TX 76550 cost?

19348 N Us Highway 281, Lampasas TX 76550 is listed for sale at $3,750,000. That is $1,136 per square foot.

How many bedrooms and bathrooms does 19348 N Us Highway 281, Lampasas TX 76550 have?

19348 N Us Highway 281, Lampasas TX 76550 has 3 bedrooms and 3 bathrooms (3 full) with 3,300 square feet of living space.

What school district is 19348 N Us Highway 281, Lampasas TX 76550 in?

19348 N Us Highway 281, Lampasas TX 76550 is in the Lampasas ISD school district. Assigned schools include Hanna Springs (elementary), Lampasas (middle), Lampasas (high school).

What are the property taxes on 19348 N Us Highway 281, Lampasas TX 76550?

The annual property taxes on 19348 N Us Highway 281, Lampasas TX 76550 are $1,319 (as of 2025).

How big is the lot at 19348 N Us Highway 281, Lampasas TX 76550?

The lot at 19348 N Us Highway 281, Lampasas TX 76550 is 387.75 acres, and the home has 3,300 square feet of living space.

What type of property is 19348 N Us Highway 281, Lampasas TX 76550?

19348 N Us Highway 281, Lampasas TX 76550 is a farm property.

Does 19348 N Us Highway 281, Lampasas TX 76550 have a pool?

Yes, 19348 N Us Highway 281, Lampasas TX 76550 has a pool. Pool features include fenced, in ground.

What subdivision is 19348 N Us Highway 281, Lampasas TX 76550 in?

19348 N Us Highway 281, Lampasas TX 76550 is located in the none subdivision in Lampasas, TX.

What heating and cooling does 19348 N Us Highway 281, Lampasas TX 76550 have?

19348 N Us Highway 281, Lampasas TX 76550 has central heating and ceiling fan(s), central air cooling.

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