Turn Key Property Group
1 / 36

Undisclosed address

Active

Lampasas, TX 76550

Texas Ranch Brokers LLC · MLS# 1527030 · Active

$21,500,000

$274/sqft

Beds

0

Baths

0

Sq Ft

78,492

Acres

408.74

Built

2007

Type

Ranch

About This Home

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.

Interior

Cooling
Ceiling Fan(s), Central Air
Heating
Central, Fireplace(s), Propane

Exterior & Lot

Lot
Landscaped, Private, Rolling Slope, Sprinkler - Automatic, Many Trees, Views, See Remarks
Fencing
Gate, Perimeter, See Remarks
View
Hill Country, Lake, Pasture
Waterfront
Yes

Community & Schools

Elementary
Hanna Springs
Middle
Lampasas
High school
Lampasas
District
Lampasas ISD
Unlock MLS

Listings courtesy of Unlock MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of February 3, 2026 at 1:52 PM CST (date and time MLS GRID Data was obtained). 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. Properties displayed may be listed or sold by various participants in the MLS. Any use or search of data on this website, other than by a consumer looking to purchase real estate, is prohibited. DMCA notice.

$21,500,000

Undisclosed address

Request a Tour