19348 Highway 281 Lampasas, TX 76550
Estimated payment $22,404/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
- 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
Farming
- Agricultural Exemption
- Farm
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Central Heating and Cooling System
- 1 Water Well
- Septic Tank
- Septic System
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/22/2026 06/22/26 | Price Changed | $3,500,000 | -6.7% | $1,386 / Sq Ft |
| 03/05/2026 03/05/26 | Price Changed | $3,750,000 | -16.7% | $1,485 / 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
- 6729 Highway 281
- 19348 N U S Highway 281
- Tbd 281 Hwy
- TBD Lot 237 Heartleaf Dr
- Lot 2 Bluestem Ln
- TBD Lot 153 Heartleaf Dr
- TBD CR 3900 Blakely Rd
- 503 E Avenue G Unit Lot 4-5
- 1260 County Road 2001
- 717 F M 580
- 501 N Ridge St
- 6729 N U S Highway 281
- 0 Highway 281
- 1110 County Road 1045
- 234 County Road 3400
- 0 Fm 580 E 0123 Lot 23 & 25 Unit 609388
- 308 N Ridge St
- 801 1/2 E Avenue C
- 1378 County Road 1045
- 104 N Walnut St
- 1074 Us-281
- 805 E Avenue I
- 202 N Walnut St
- 207 N Ridge St
- 908 E Ave B
- 909 E 3rd St Unit B
- 1114 Nix Rd
- 828 Elijah La
- 1703 Taylor St
- 1710 County Road 4330 Unit B
- 434 County Road 4616 Unit 436
- 159
- 1140-1142 Co Rd 4804 Unit 1142
- 117 Minnie J Lp
- 109 Ayla Marie Dr
- 216 Ayla Marie Cove
- 110 Ayla Marie Dr
- 930 County Rd 3390
- 115 Appalachian Trail
- 305 Lost Trail Unit B
Ask me questions while you tour the home.