19348 N Us Highway 281, Lampasas, TX 76550 (MLS # 1588086)
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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; square-foot single-family home features 3 bedrooms and 3 full baths and 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 and workshop space "¢ Equipment shed and additional storage buildings "¢ Barns and outbuildings suitable for ranch operations "¢ Guest house with covered outdoor patio for visitors or supplemental use Land, Water & Agricultural Features "¢ Approximately 381.79± acres, fenced and cross fenced "¢ 40+/- acres of improved pasture currently producing hay "¢ Agricultural lease in place for grass, crops, and hunting "¢ Three ponds/stock tanks and a wet-weather creek "¢ Private water well with irrigation "¢ Well suited for livestock and horses Recreational Opportunities "¢ Excellent hunting for whitetail deer, dove, turkey, hogs, and occasional exotic species "¢ Fishing, hiking, trailing riding, and bird watching across diverse terrain and ecosystems Conveniently located within driving distance that offers a compelling combination of privacy, productivity, and accessibility in one impressive Texas Hill Country offering.
| LAST UPDATED | 3/5/2026 | TRACT | none |
|---|---|---|---|
| YEAR BUILT | 2020 | COMMUNITY | none |
| COUNTY | Lampasas | STATUS | Active |
| PROPERTY TYPE(S) | Farms/Ranch |
| Elementary School | Hanna Springs |
|---|---|
| Jr. High School | Lampasas |
| High School | Lampasas |
| PRICE HISTORY | |
| Prior to Mar 5, '26 | $4,500,000 |
|---|---|
| Mar 5, '26 - Today | $3,750,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Electric Oven, Cooktop, Dishwasher, Electric Cooktop, Vented Exhaust Fan, Water Softener, Wine Refrigerator |
| AREA | LP |
| BARN/EQUESTRIAN | Yes |
| CONSTRUCTION | Stone |
| EXTERIOR | Lighting, Rain Gutters |
| FIREPLACE | Yes |
| HEAT | Central, Exhaust Fan |
| INTERIOR | Beamed Ceilings, Ceiling Fan(s), Chandelier, Kitchen Island, Open Floorplan |
| LOT | 387.75 acre(s) |
| POOL | Yes |
| POOL DESCRIPTION | Fenced, In Ground, Private |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | none |
| TAXES | 1318.66 |
| UTILITIES | Electricity Connected, Other, Propane |
| VIEW | Yes |
| VIEW DESCRIPTION | Pasture, Pond, Pool |
| WATER | Private, Well |
| WATERFRONT DESCRIPTION | Pond |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Property listed by Mike Bacon, Texas Ranch Brokers LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 4/16/26 1:27 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.