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Size: 408.74 Acres
Home: 4 beds - 4 full baths - 3 half baths - 10,000 Sq Ft

UNDERWOOD RANCH

The Underwood Ranch

8467 North Hwy 281

Lampasas TX 76550

$21,500,000

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 cle...

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Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.

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Directions

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

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Contact Seller
Texas Ranch Brokers, LLC

License #land@txranchbrokers.com

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

Drew Colvin & Mike Bacon

Texas Ranch Brokers, LLC
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Texas Ranch Brokers, LLC, (512) 755-2078
Listing last updated: September 16, 2025 at 1:04 PM
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