8467 N US 281 Highway, Lampasas TX 76550

Lampasas, TX 76550 | none

$21,500,000 $274/sqft ▼ $2,000,000 (8.5%)
0 Beds
Baths
78,492 Sq Ft
408.74 Acres
2007 Built

About This Property

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.

Property Highlights

Waterfront See Remarks · Lake Front, Waterfront

Location

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Schools

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

Property Details

Property Type Farm
Cooling Ceiling Fan(s), Central Air
Heating Central, Fireplace(s), Propane
County Lampasas
MLS # 1527030

Tax Information

Annual Taxes $51,067 (2022)

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Listing History

MLS# 1527030 - Updated Feb 25, 2026 965 days
Mar 25, 2024 Price Change $21,500,000
Jun 14, 2023 Listed Listing Courtesy of Texas Ranch Brokers LLC - mike@​txranchbrokers.com $23,500,000

Frequently Asked Questions About 8467 N US 281 Highway, Lampasas TX 76550

When was 8467 N US 281 Highway, Lampasas TX 76550 built?

8467 N US 281 Highway, Lampasas TX 76550 was built in 2007.

How much does 8467 N US 281 Highway, Lampasas TX 76550 cost?

8467 N US 281 Highway, Lampasas TX 76550 is listed for sale at $21,500,000. That is $274 per square foot.

What school district is 8467 N US 281 Highway, Lampasas TX 76550 in?

8467 N US 281 Highway, 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 8467 N US 281 Highway, Lampasas TX 76550?

The annual property taxes on 8467 N US 281 Highway, Lampasas TX 76550 are $51,067 (as of 2022).

How big is the lot at 8467 N US 281 Highway, Lampasas TX 76550?

The lot at 8467 N US 281 Highway, Lampasas TX 76550 is 408.74 acres, and the home has 78,492 square feet of living space.

What type of property is 8467 N US 281 Highway, Lampasas TX 76550?

8467 N US 281 Highway, Lampasas TX 76550 is a farm property.

Is 8467 N US 281 Highway, Lampasas TX 76550 waterfront?

Yes, 8467 N US 281 Highway, Lampasas TX 76550 is a waterfront property on See Remarks. Waterfront features include lake front, waterfront.

What subdivision is 8467 N US 281 Highway, Lampasas TX 76550 in?

8467 N US 281 Highway, Lampasas TX 76550 is located in the none subdivision in Lampasas, TX.

How long was 8467 N US 281 Highway, Lampasas TX 76550 on the market?

8467 N US 281 Highway, Lampasas TX 76550 was on the market for 965 days, listed on June 14, 2023.

What heating and cooling does 8467 N US 281 Highway, Lampasas TX 76550 have?

8467 N US 281 Highway, Lampasas TX 76550 has central, fireplace(s), propane heating and ceiling fan(s), central air cooling.

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