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8467 N U.S Hwy 281 Lampasas, TX 76550

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Remarkable ranch property with diverse terrain, exceptional improvements, and abundant water.

Type:Land
Lot size:
408.74 Acres
Added:
Jun 14, 2023
Days on Market:
1046
Last Refresh:
Mar 17 at 1:24 pm

Property Features for 8467 N U.S Hwy 281

General Information

Standard status
Active
Lot size
408.74 Acres
Property subtype
Land

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Listing Contact
Texas Ranch Brokers, LLC

Listing agent Texas Ranch Brokers, LLC License #273134

Listing office Texas Ranch Brokers, LLC

Listing date Jun 14, 2023

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Texas Ranch Brokers, LLC


Overview

Lampasas Ranch with Exquisite Main House

The Underwood Ranch is a 408.74+/- acre property located on Hwy 281, less than 10 minutes from Lampasas and approximately 1 hour from Austin. The ranch features diverse topography with over 100 feet of elevation changes, all of which are usable and accessible. The terrain includes productive bottom land and elevated areas, with cleared cedar trees and scattered hardwood cover of Live Oak, Spanish Oak, and Elm trees. Approximately 34 acres consist of coastal fields. The main house is a single-story residence with a rock exterior, a standing seam roof, 14-foot ceilings, and 25 tons of HVAC. It includes 4 bedrooms, 4 baths, 3 half baths, granite counters, two commercially equipped kitchens, a great room with a free-standing bar, a dining area, a heated and cooled 5-car attached garage, and a generator. The main kitchen contains 2 Wolf stoves, a Wolf double oven, a Thermador grill/griddle, 2 dishwashers, a bun warmer, a Kitchen aid refrigerator, a walk-in cooler, and a walk-in freezer. The secondary kitchen features a commercial indoor BBQ pit, a fryer, a dishwasher, and an 8-foot commercial range hood. A barndominium near the main house includes two separate living areas, each with 3 bedrooms, a full kitchen, and 2.5 baths, plus a covered parking area. There is also a foreman's/guest house with 2 bedrooms, 1 bath, and a garage near the ranch entrance. Additional improvements include an insulated, air-conditioned and heated metal building with an office, 3 baths, a fire-proof safe room, and epoxy flooring. The property has 8 lakes/ponds, some stocked with bass, 5 electric water wells, and 2 windmill wells. The interior road system includes concrete and all-weather roads. Approximately 300 acres are high fenced, and the ranch holds an MLD permit from Texas Parks and Wildlife. The ranch is home to whitetail deer, Axis Deer, Black Buck Antelope, Red Stag, and Symitar Horn Oryx, with opportunities for hunting turkey, dove, and ducks. The property could serve as a family or corporate retreat, event venue, horse/cattle ranch, or future development.
Location Intelligence

Current Use by Public Records

Ranches

Suggested Use

Building Supply Cosmetic Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lampasas
County
Lampasas
State
Texas
Longitude
-98.171982
Latitude
31.188743

FAQs

What type of property is this?
Ranch - Remarkable ranch property with diverse terrain, exceptional improvements, and abundant water.
Where is this ranch located?
The property is located at 8467 N U.S Hwy 281 Lampasas, TX.
What is the asking price?
The asking price for this property is $21,500,000.
What are key features of this property?
This property features: Spectacular main house with chef's kitchens, luxurious amenities, and panoramic views.; Extensive water resources: 8 lakes/ponds and multiple wells.; Diverse and abundant wildlife with MLD permit and high fencing.
More about this property
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