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Price: $23,500,000Acres: 408.74Type: Hunting Land, Ranches, Recreational Property
Country: United StatesCounty: LampasasAddress: 8467 N U.S. Hwy 281
Zip: 76550City: LampasasState: Texas
Bedrooms: 4 Baths: 5.5 SQ.FT.: 10000


The Underwood Ranch
8467 North Hwy 281
Lampasas TX 76550
408.74+/- Acres

The Underwood Ranch is a remarkable property spanning 408.74+/- acres of breathtaking land. Situated conveniently on Hwy 281, it boasts a location less than 10 minutes away from Lampasas and approximately 1 hour from Austin. The ranch stands out for its exceptional improvements and distinctive features, making it a rare find in the market.

The topography of the Underwood Ranch is diverse and captivating, with over 100 feet of elevation changes that add a dramatic touch to the landscape. Despite the varying terrain, all areas of the ranch are usable and accessible. From the higher elevations, one can enjoy magnificent vistas, while the western views offer awe-inspiring sunsets. The rolling terrain presents a mix of productive bottom land and elevated areas. The majority of the cedar trees have been cleared, leaving behind scattered hardwood cover consisting of Live Oak, Spanish Oak, and Elm trees. Certain areas have been deliberately left untouched to provide game cover, and there are also approximately 34 acres of coastal fields.

The crown jewel of the ranch is undoubtedly the spectacular main house. A true masterpiece, this stunning home showcases the finest craftsmanship of its builder. Upon entering through the gate, a half-mile concrete drive leads past a beautifully lit fountain in a lake, ultimately bringing you to the grand porte cochere. Positioned on one of the highest points of the ranch, the home offers a commanding view of the entire property, allowing for breathtaking sunrises and sunsets. The single-story residence features a rock exterior, a standing seam roof, 14-foot ceilings, 25 tons of HVAC, and elegant interior design. Although it is difficult to encompass all the highlights of this remarkable home, a few noteworthy features include 4 bedrooms, 4 baths, 3 half baths, exquisite granite counters throughout, two commercially equipped kitchens, an expansive great room with a massive free-standing bar, a dining area, and a heated and cooled 5-car attached garage, and a generator that will power the house in the event of a power outage.

The two kitchens in the main house would excite any chef. The main kitchen boasts 2 Wolf stoves, a Wolf double oven, a Thermador grill/griddle, 2 dishwashers, a bun warmer, a Kitchen aid refrigerator, a walk-in cooler, and a walk-in freezer. The secondary kitchen features a commercial indoor BBQ pit, a fryer, a dishwasher, and an 8-foot commercial range hood. When it comes to entertaining and impressing guests, this home surpasses all expectations.

A short stroll from the main house leads to a barndominium consisting of two separate living areas. Each side offers 3 bedrooms, a full kitchen, and 2.5 baths. A covered parking area extends across the entire width of the building, providing ample space for vehicles and equipment.

Near the entrance of the ranch, there is a foreman’s/guest house that includes 2 bedrooms, 1 bath, and a garage. It serves as a comfortable and convenient space for additional accommodation needs.

Additional improvements include a massive multi-use building that is truly exceptional. The insulated metal building is air-conditioned and heated, featuring an office, 3 baths, a fire-proof safe room, epoxy flooring and an enormous storage area, currently housing a motorcycle and car collection. It provides ample space for various purposes and ensures the utmost convenience.

Water resources are abundant on the Underwood Ranch, making it self-sufficient in this regard. The property boasts 8 lakes/ponds scattered throughout, some of which are stocked with bass for fishing enthusiasts. Furthermore, the ranch benefits from 5 productive electric water wells and 2 windmill wells, ensuring a reliable water supply. The interior road system within the ranch includes roads paved with concrete or constructed as all-weather roads with a graded base. Approximately 300 acres of the ranch are high fenced, and it holds an MLD permit from Texas Parks and Wildlife. Through an extensive feeding program and experience, a superior whitetail deer herd has been developed by introducing genetically selected does to complement the native strain already found on the ranch. In addition to the impressive whitetail population, the ranch is home to Axis Deer, Black Buck Antelope, Red Stag, and Symitar Horn Oryx. There are also opportunities for hunting turkey, dove, and ducks.

The Underwood Ranch is an executive property that offers an abundance of variety, beauty, and character. Its versatility allows for numerous possibilities, such as serving as a family or corporate retreat, event venue, horse/cattle ranch, or even future development, or just a great place to raise a family. One thing is certain: every time you pass through the gates of this premier ranch, it will bring a smile to your face.

For your private tour contact Drew Colvin 512-755-2078 or Mike Bacon 512-940-8800.


From Lampasas take Hwy 281 north. The ranch is approximately 7 miles on your left.

The information contained herein has been gathered from sources deemed reliable; however, Texas Ranch Brokers, LLC and its principals, member, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, error, omissions, prior sale, withdrawal of property from the market with out prior notice, and approval of purchase by owner. Prospective buyers should verify all information to other satisfaction. No representation is made as to the possible value of this investment of type of us, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.

Real Estate buyers are hereby notified that real properties and its rights and amenities are subject to many forces and impact whether natural, those cause by man, or otherwise: including, but not limited to, drought or other weather-related events, disease (e.g. Oak Wilt or Anthrax), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers should investigate any concerns regarding a specific real property to their satisfaction.

Buyer or buyer’s agent, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be sold discretion of Texas Ranch Brokers, LLC.