Property
$4,500,000387.35 Acres3 beds • 3 baths • 2,525 sq ft
For Sale
For Sale
$4,500,000387.35 Acres
For Sale
3 beds • 3 baths • 2,525 sq ft

19348 U.S. 281, Lampasas, TX 76550 - Lampasas County

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Property ID 26107183

RACE RANCH

RACE RANCH

19348 N US Highway 281 | Lampasas, TX 76550

387.35 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 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 homes 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.

Listed with: Dennis Herbst, Herbst Real Estate Services

Co-Listed with: Drew Colvin & Mike Bacon, Texas Ranch Brokers, LLC

Property shown by appointment only.

Directions

From Lampasas, travel north on US Highway 281 approximately 20 miles. Property is located on the right.

Property Video

Resources

Links
Property Website
Contact Seller
Texas Ranch Brokers, LLC

License #273134

Burnet, TX

(512) 755-2078

About Drew Colvin & Mike Bacon

Mike Bacon is a Director and Partner of Texas Ranch Brokers LLC. Mike established Bacon Investments in 1984, whose focus was principally on Central Texas and Hill Country land. Mike has established himself as one of its major players and is recognized as the leading expert in the area. Highly respected by other Brokers and clients alike, Mike strives to set himself apart by delivering the highest standard of service in the business. His clientele includes executives, investors, developers, and families looking to purchase Legacy ranches for generational enjoyment. Mike enjoys the reputation of treating each transaction as if it were his own. Integrity, loyalty, longevity, knowledge and confidentiality are the hallmarks of his service.Many of Mikes clients are repeat buyers and sellers, personal referrals make up a large portion of his business. Drew Colvin is a Director and Partner of Texas Ranch Brokers LLC. Drew was founder of Circle C Properties, a successful real estate company specializing in ranches, land, wildlife and commercial real estate investment properties. A native Texan raised in a ranching community, Drew combines his experience in executive management with his expertise in real estate brokerage throughout Texas and Northern Mexico.Drew's experience was originally built on 20 years of experience as senior management for several distinguished international insurance brokerage firms whose clientele consisted of Fortune 100 multinationals in the international oil and gas sector. Building upon this experience and lessons learned, in 2003 Drew and his wife Susan established Circle C Ranch Sales to serve a specialized and select clientele with an exceptional level of personal service, integrity, experience and professionalism.

Seller Resources
Listing provided by
Drew Colvin & Mike Bacon
Texas Ranch Brokers, LLC(512) 755-2078
Source: MLS# 176237
Listing last updated: February 3, 2026 at 7:25 AM
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Drew Colvin & Mike Bacon

Texas Ranch Brokers, LLC
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Land for Sale by Drew Colvin & Mike Bacon

Previously Sold by Drew Colvin & Mike Bacon

Drew Colvin & Mike Bacon

Drew Colvin & Mike Bacon

Texas Ranch Brokers, LLC