Skip main navigation
Active
  • $21,500,000

     Lampasas, TX 76550

    --beds
    --baths
    78,492sqft
    : 
    Farm
    Built in 2007
    408.74 Acres Lot
    $-- Zestimate®
    $274/sqft
    $-- HOA

    What's special

    Native treesExquisite craftsmanshipMulti-use buildingStunning main houseProductive bottom landBreathtaking vistasHigh fencing
    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.
    395 days
    on Zillow
    |
    782
    |
    35
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 07, 2025 at 07:04am

    Listed by:

    Mike Bacon (512) 756-7718,

    Texas Ranch Brokers LLC (512) 756-7718,

    Drew Colvin (512) 755-2078,

    Texas Ranch Brokers LLC

    Source: Unlock MLS,MLS#: 1527030MLS Logo

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of (Undisclosed Address).

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Heating
    • Central, Fireplace(s), Propane
    Cooling
    • Ceiling Fan(s), Central Air
    Interior area
    • Total interior livable area: 78,492 sqft
    Video & virtual tour

    Property

    Features
    • Fencing: Gate, Perimeter, See Remarks
    • Has view: Yes
    • View description: Hill Country, Lake, Pasture
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front, Waterfront
    • Body of water: See Remarks
    Lot
    • Size: 408.74 Acres
    • Features: Landscaped, Private, Rolling Slope, Sprinkler - Automatic, Many Trees, Views, See Remarks
    Details
    • Additional structures: Garage(s), Guest House, Residence, RV/Boat Storage, Second Residence, Storage, Workshop
    • Has additional parcels: Yes
    • Parcel number: 2156304000000
    • Special conditions: See Remarks
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Farm
    Condition
    • New construction: No
    • Year built: 2007

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Available, Propane, See Remarks

    Community & HOA

    Community
    • Subdivision: none
    HOA
    • Has HOA: No
    Location
    • Region: Lampasas

    Financial & listing details

    • Price per square foot: $274/sqft
    • Annual tax amount: $51,067
    • Date on market: 7/17/2024
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: PVD, See Remarks
    • Loading
    • Loading