19348 Highway 281 Lampasas, TX 76550
Lampasas AreaEstimated payment $22,737/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 |
|---|---|---|---|---|
| 07/20/2026 07/20/26 | Pending | -- | -- | -- |
| 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
- Lot 2 Bluestem Ln
- TBD Lot 153 Heartleaf Dr
- TBD CR 3900 Blakely Rd
- 1260 County Road 2001
- 1260 County Road 2001
- 717 F M 580
- 1003 N Ridge St
- 1003 N Ridge St
- 501 N Ridge St
- 6729 N U S Highway 281
- 0 Highway 281
- 8467 Highway 281
- 1110 County Road 1045
- 234 County Road 3400
- 0 Fm 580 E 0123 Lot 23 & 25 Unit 609388
- 308 N Ridge St
- 1104 N Hackberry St
Ask me questions while you tour the home.