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Recreational Land for Sale in Lampasas, Texas

Lampasas County, Lampasas, TX 76550

$7,777,000
378 acres
Pending sale
Under contract

Horseshoe Falls, A Historical Lampasas Gem! Also known as Gunderland Park, a sprawling 378-ac high-fenced ranch. This is a very rare opportunity to own both sides of Sulphur Creek, as it flows year-round through the ranch. Be transformed to another world with the abundance of native tree cover, wildlife, and the sounds of living water. Adored by many, locals can recall fond childhood memories of fishing and camping here. An original merry-go-round and hand-built rock BBQ pits, benches, and tables still remain intact. An upper pasture blooms with sunflowers, attracting quail hunting enthusiasts. Most recently, this one-of-a-kind property is being used as an exotic ranch, serving guests with exclusive hunts and catered private events. The ranch's centerpiece is a spacious 2,500+ sq ft 1.5-story primary home with 4 bedrooms, 2 bathrooms, and two living areas, offering breathtaking views and sounds of the ever-flowing Sulphur Creek dam. This site holds important significance as Captain J.F. Brannon of the Ninth Infantry commissioned 193 men to build the Lampasas State Park & Dam in June 1933. Beyond the main residence, discover a 2400 sq ft., climate-controlled main hall overlooking the live water of Sulphur Creek, equipped with restrooms and a rustic rock fireplace upon entry. Perfect for weddings, private or corporate events, or private family get-togethers. Capable of seating up to 150 people comfortably around dining tables, with additional seating outside on the rock patio. Additionally, there are six fully restored and uniquely decorated cabins. All with unique themed decor with names such as: The Ranger Station, Bass Bungalow, Birds Nest, Tee Pee, La Cabana & of course, the JAIL. Most cabins sleep 2-6 guests with full bathrooms. A Lodge, aka The Horn Room is equipped with a full kitchen for serving a larger party of guests at once. Enjoy a game of pool or darts in the game room. Pictures and words cannot adequately describe this unique paradise.

Sq feet
1996
Built

Location

Elevation
983 feet
Coordinates
31.0759, -98.1452

Directions

Hwy 183 North to Lampasas, R. on Hwy. 190, 2 Miles to L. on CR 3010. Entrance approximately 3 4ths of a mile on Left - 1 hour from Downtown Austin

Property details

Acreage
378 acres
MLS #
NTREIS 21019949
Posted

Parcels

  • 8762

Legal description

Resources

Details and features

Listing

Type
Land

Lot

View
Lake, Water
Waterfront
Creek, Waterfront

Exterior

Fencing
Fenced
Outdoor Spaces
Patio, Porch
Features
Covered Patio/Porch, Fence

Structure

Heating
Central
Cooling
Ceiling Fan(s), Central Air

Nearby schools

NameType
Hanna SpringsElementary

Listing history

DateEventPriceChangeSource
Mar 14, 2026Under contract$7,777,000NTREIS
Aug 1, 2025New listing$7,777,000SMABOR
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This 378-acre property is located in Lampasas, TX 76550. The property is pending sale. It has a structure built in 1996.

Checked 2 hours ago — Updated

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