15104 N Hwy 281 Lampasas, TX 76550 Active

UPDATED: 09/04/2026 06:50 PM ON MARKET: 17 days on market

$7,900,000

3 Beds3.5 Baths3,800 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $2,078

MLS Listing ID 7544333

Bedrooms 3

Full Baths 3

Half Baths 1

Year Built 2025

Tax Year 2026

Lot Size 340.000 Acres

Acres 340.0

Property Sub-Type Single Family Residence

Source actris

Property Description

The R&R Riverbend Ranch presents a rare opportunity to own 340 acres in the highly sought-after Lampasas River Valley, featuring nearly two miles of frontage along the Lampasas River. Properties offering this combination of acreage, substantial river frontage, productive agricultural land, exceptional views, and newly constructed improvements are increasingly difficult to find in the Texas Hill Country.

At the heart of the ranch is a fertile river valley with a long history of agricultural production. The property includes approximately 180 acres of cultivated bottomland, currently utilized for hay production and winter wheat grazing. The field is believed to be the oldest continually cultivated field in Lampasas County, adding a unique layer of history and character to an already remarkable property.

Perched above the river valley, the newly constructed ranch headquarters takes full advantage of the property's elevated setting and panoramic views. The improvements include a custom-built main residence, an adjoining custom guest house, and a large metal storage and equipment barn. Thoughtfully designed for both comfortable ranch living and entertaining, the residences feature open floor plans, expansive windows, abundant natural light, and exceptional views across the ranch and surrounding countryside. Despite the expansive vistas, the headquarters maintains a strong sense of privacy and seclusion.

Water resources are abundant throughout the ranch. Two ponds are located on the elevated western portion of the property and are fed by wet-weather drainage creeks. The larger pond has proven remarkably reliable, maintaining water even through periods of drought, and offers recreational fishing opportunities for bass and perch. The eastern portion of the ranch encompasses nearly two miles of meandering Lampasas River frontage, providing an exceptional recreational and scenic component.

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 09/21/2026. 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.
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Data last updated: 09/21/2026 17:44