8467 N Us 281 Highway, Lampasas, TX

$21,500,000

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78,492

Square feet

408.74

Acres

About 8467 N Us 281 Highway

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.

Features of 8467 N Us 281 Highway

MLS® # 1527030
Price $21,500,000
Bathrooms 0.00
Square Footage 78,492
Acres 408.74
Year Built 2007
Type Land / Farm
Sub-Type Ranch
Status Active
Has Pool No

Water Feature/View

View Hills,Lake,Pasture,See Remarks
Is Waterfront Yes

Community Information: Lampasas

Address 8467 N Us 281 Highway
Area LP
Subdivision none
City Lampasas
County Lampasas
State TX
Zip Code 76550

Amenities of 8467 N Us 281 Highway

Utilities Electricity Available, Propane, See Remarks

Interior of 8467 N Us 281 Highway

Heating Central, Fireplace(s), Propane
Fireplace No

Exterior of 8467 N Us 281 Highway

Lot Description Landscaped, Many Trees, Private, Rolling Slope, See Remarks, Sprinklers Automatic, Views

School Information

District Lampasas ISD
Elementary Hanna Springs
Middle Lampasas
High Lampasas

Additional Information On 8467 N Us 281 Highway

Days on Market 785
Foreclosure No
Short Sale No
RE / Bank Owned No
Gated Community No

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Texas Ranch Brokers LLC(512) 756-7718. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 12th, 2025 at 2:00am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. 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. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Map to 8467 N Us 281 Highway, Lampasas

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