19348 Highway 281 Lampasas, TX 76550
Estimated payment $28,381/month
Highlights
- Horses Allowed On Property
- 387.35 Acre Lot
- Partially Wooded Lot
- Views of Hill Country
- Creek On Lot
- Agricultural Exemption
About This Home
RACE RANCH 19348 N US Highway 281 | Lampasas, TX 76550387.35± Acres Race Ranch is an exceptional 387.35± acre legacy family ranch offering a rare blend of quality improvements, productive land, recreational appeal, and convenient frontage along US Highway 281 in Lampasas County. Ideal as a luxury homestead, working ranch, or recreational retreat, the property is thoughtfully improved and well positioned for long-term enjoyment or investment. At the heart of the ranch is a custom Santa Fe–inspired Southwest residence built in 2020. The 2,525± SF single-family home features 3 bedrooms and 3 full baths & showcases an open-concept design with high wood-beam ceilings, hand-laid Saltillo tile flooring, custom cabinetry, solid-surface countertops, quality built-ins, and expansive windows overlooking a scenic pond. A custom adobe fireplace anchors the living area, while covered patios provide excellent outdoor living space. An in-ground private pool further enhances the home’s resort-style appeal. Ranch Improvements & Structures • Shop with office & workshop space • Equipment shed & additional storage buildings • Barns & outbuildings suitable for ranch operations • Guest house with covered outdoor patio Land, Water & Agricultural Features • Approximately 381.79± acres with pipe & ranch fencing • 40± acres of improved pasture currently producing hay • Agricultural lease in place for grass, crops, & hunting •3 ponds/stock tanks & a wet-weather creek Conveniently located with privacy for one impressive Ranch.
Property Details
Property Type
- Other
Year Built
- Built in 2020
Lot Details
- 387.35 Acre Lot
- Barbed Wire
- Pipe Fencing
- Partially Wooded Lot
- Grass Covered Lot
Home Design
- Farm
- Slab Foundation
- Tile Roof
Interior Spaces
- 2,525 Sq Ft Home
- Ceiling Fan
- Tile Flooring
- Views of Hill Country
- Dishwasher
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Creek On Lot
- Shed
Utilities
- Central Heating and Cooling System
- 1 Water Well
- Septic Tank
- Septic System
Additional Features
- Agricultural Exemption
- Horses Allowed On Property
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 151828
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/20/2026 01/20/26 | For Sale | $4,500,000 | -- | $1,782 / Sq Ft |
Source: Highland Lakes Association of REALTORS®
MLS Number: HLM176237
- Tbd 281 Hwy
- 6729 Highway 281
- 19348 N U S Highway 281
- 908 Campbell St
- 1005 Campbell St Unit 1
- TBD Lot 237 Heartleaf Dr
- TBD CR 3900 Blakely Rd
- 0 Campbell St
- 1260 County Road 2001
- 0 County Road 1045
- 703 E Avenue J
- 1003 N Ridge St
- 501 N Ridge St
- 6729 N U S Highway 281
- 0 Highway 281
- 507 N Race St
- FM 580 E 0123 Lot 23 & Lot 25
- 801 1/2 E Avenue C
- 104 N Park St
- 1103 Private Road 3410
- 702 N Ridge St
- 907 E 3rd St Unit A
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- 1311 Central Tx Expy
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- 112 Savage Cir
- 437 Appalachian Trail
- 930 County Rd 3390
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