$21,500,000
$2M PRICE DROP

Estimated payment $114,904/month

Total Views 30,909
408.74 Acres
$52,601 Price per Acre
17,804,710 Sq Ft Lot

Highlights

  • Additional Residence on Property
  • Barn
  • RV or Boat Parking
  • Lake Front
  • Horses Allowed On Property
  • 408.74 Acre Lot

About This Lot

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.

Listing Agent

Michael Bacon

Texas Ranch Brokers LLC Brokerage Phone: (512) 756-7718 License #0273134 Listed on: 06/14/2023

Co-Listing Agent

John Colvin

Texas Ranch Brokers LLC Brokerage Phone: (512) 756-7718 License #0202616

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $51,067

Year Built

  • Built in 2007

Lot Details

  • 408.74 Acre Lot
  • Lake Front
  • Gated Home
  • Perimeter Fence
  • Landscaped
  • Private Lot
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Many Trees
  • 13669,13670,15606,0167,15751,15904,22094, 22097

Property Views

  • Lake
  • Pasture
  • Hills

Home Design

  • Ranch Property

Interior Spaces

  • 78,492 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Home Security System

Parking

  • Garage
  • RV or Boat Parking

Additional Homes

  • Additional Residence on Property
  • Residence on Property

Schools

  • Hanna Springs Elementary School
  • Lampasas Middle School
  • Lampasas High School

Farming

  • Barn
  • 8 Stock Tanks or Ponds

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2156304000000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Separate Outdoor Workshop
  • Outdoor Storage

Property Details

Property Type

Land

Est. Annual Taxes

$51,067

Year Built

Built in 2007

Lot Details

408.74 Acres

Listing Details

  • Property Type: Farm
  • Property Sub Type: Ranch
  • Year Built: 2007
  • Additional Parcels Description: 13669,13670,15606,0167,15751,15904,22094, 22097
  • Additional Parcels: Yes
  • Directions: From Lampasas take Hwy 281 north. The ranch is approximately 7 miles on your left.
  • Disclosures: Seller Disclosure, Seller Provided Survey Available
  • Fencing: Gate, Perimeter, See Remarks
  • Living Area: 78492
  • Other Structures: Garage(s), Guest House, Residence, RV/Boat Storage, Second Residence, Storage, Workshop
  • Road Surface Type: PVD, See Remarks
  • Special Listing Conditions: See Remarks
  • Co List Office Mls Id: ACT5709
  • Co List Office Phone: (512) 756-7718
  • Attribution Contact: (512) 756-7718
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 55294.62
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 1.21
  • Current Price By Living Ar: 273.91
  • "Current Price By Original ": 0.91
  • List Price Lot Size Square: 1.21
  • List Price By Living Area: 273.91
  • List Price By Original Lis: 0.91
  • Restrictions: None
  • Tax Exemptions: Wildlife
  • Mineral: None
  • Leases: None
  • Special Features: VirtualTour

Interior Features

  • View: Hill Country, Lake, Pasture
  • Security Features: Security System

Exterior Features

  • Private Pool: No
  • Water Body Name: See Remarks
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes
  • Numof Ponds: 8
  • Tillable Acres: 44

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, See Remarks
  • Heating: Central, Fireplace(s), Propane
  • Water Source: Well
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No

Schools

  • Elementary School: Hanna Springs
  • High School: Lampasas
  • Middle/Junior School: Lampasas
  • Junior High Dist: Lampasas ISD

Lot Info

  • Lot Features: Landscaped, Private, Rolling Slope, Sprinkler - Automatic, Many Trees, Views, See Remarks
  • Parcel Number: 2156304000000
  • Lot Size Acres: 408.74
  • Lot Size Sq Ft: 17804714.4
  • Subdivision Name: none
  • Crops: None
  • Enclosed Acres: 300.00
  • Farm: Gentleman Ranch,Hunting Lease Potential,Livestock,Recreational,See Remarks

Building Info

  • New Construction: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 51067.21
  • Tax Filled Sqft Total: 43068
  • Tax Rate: 1.78440000000000
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2024 03/25/24 Price Changed $21,500,000 -8.5% $274 / Sq Ft
06/14/2023 06/14/23 For Sale $23,500,000 -- $299 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1527030

Unlock MLS (Austin Board of REALTORS®)
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