
For sale
$21,500,000
Address withheld by seller
TX
- 0 beds
- 0 baths
- 78,492 sq ft
- 408.7 acres
Listing courtesy of Texas Ranch Brokers LLC · (512) 756-7718 · MLS# 1527030 · Status: Active
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.
Description provided by the listing brokerage.
Facts
- Property type
- Farm · Ranch
- Year built
- 2007
- Lot size
- 408.7 acres
- Living area
- 78,492 sq ft
- Price per sq ft
- $274
- Annual taxes
- $51,067
- County
- Lampasas
- Neighborhood
- none
- School district
- Lampasas ISD
- Schools
- Hanna Springs · Lampasas · Lampasas
Features
- View
- Hill Country, Lake, Pasture
- Sewer
- Septic Tank
- Cooling
- Ceiling Fan(s), Central Air
- Fencing
- Gate, Perimeter, See Remarks
- Heating
- Central, Fireplace(s), Propane
- Utilities
- Electricity Available, Propane, See Remarks
- Lot
- Landscaped, Private, Rolling Slope, Sprinkler - Automatic, Many Trees, Views, See Remarks
- Water
- Well
- Horse amenities
- Barn, See Remarks
- Waterfront
- Lake Front, Waterfront

Listings courtesy of Unlock MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of November 15, 2026 at 3:50 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID, and its use may be subject to an end user license agreement prescribed by the applicable MLS. Some IDX listings have been excluded from this website. Any use or search of this website other than by a consumer looking to purchase or lease real estate is prohibited. Terms of use
