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Land with Home for Sale in Lampasas, Texas

19348 US Highway 281, Lampasas, TX 76550

$4,500,000
387 acres
Active
ago
Est $28,161/mo

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.

2,525
Sq feet
3
Beds
3
Full baths
2020
Built

Location

Street address
19348 US Highway 281
School district
Lampasas
Elevation
1,201 feet
Coordinates
31.3439, -98.1615

Directions

From Lampasas, north on Highway 281 for approximately 20 miles, subject is on the right.

Property details

Acreage
387.35 acres
MLS #
HLAR 176237
Posted

Parcels

  • 151828

Legal description

Details and features

Listing

Type
Farm

Exterior

Fencing
Barbed Wire

Structure

Water
Well
Sewer
Septic Tank
Heating
Central
Cooling
Central Air
Materials
Stone, Wood Siding
Roof
Tile

Interior

Rooms
Bathroom x 3, Bedroom x 3
Appliances
Dishwasher, Washer Hookup

Property utilities

CategoryTypeStatus
PowerGridAvailable

Listing history

DateEventPriceChangeSource
Feb 11, 2026New listing$4,500,000HLAR
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This 387.35-acre property is located at 19348 US Highway 281 in Lampasas, TX 76550. The property is available for sale for $4,500,000. It has a 2,525 sq ft 3 bedroom, 3 bath house built in 2020.

Checked 1 hour ago — Updated

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Copyright (C) 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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