$21,500,000
$2M PRICE DROP

Estimated payment $118,693/month

Total Views 28,259
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

0

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
  • 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
  • Numof Wells: 7
  • 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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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®)