#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Welcome to one of the most scenic and diverse ranch properties in Northeast Burnet County, just outside Oakalla. Spanning approximately 175.76 +/- acres, this Hill Country gem offers a stunning mix of rolling topography, sweeping views, and mature hardwoods, making it ideal for recreation, ranching, or building your dream home.
The landscape is incredibly varied, featuring high-country elevations with scattered oak cover, picturesque canyons and draws, and bottomland areas rich with towering pecans, elms, and Spanish oaks that light up the fall with vibrant orange and yellow hues. A seasonal creek meanders through the land, complemented by multiple stock tanks that enhance the water availability and wildlife habitat.
Wildlife is abundant, with frequent sightings of whitetail deer and turkey, offering excellent hunting and viewing opportunities. The ranch includes cross fencing and perimeter fencing, providing functionality for livestock or rotational grazing. Additional features include a barn, an existing water well (not currently in service), and county road frontage with gated access off CR 221.
This is a rare opportunity to own a property with exceptional natural beauty, varied terrain, and excellent water and wildlife potentialall within easy reach of major Hill Country destinations.
Highlights:
175.76 Acres in Northeast Burnet County near Oakalla.
Multiple Stock Tanks + Seasonal Creek
Varied Topography with Sweeping Views
Hardwood Tree Cover: Oaks, Pecans, Elms, and Spanish Oaks
Abundant Wildlife: Whitetail Deer & Turkey
Cross Fenced & Perimeter Fenced
Barn + Non-Operational Water Well
Access from County Road 221
Ideal for Ranching, Recreation, or Future Homesite
Property Type
Farm
Lot Size
175.76 acres
Listed by Shipley Ranches
Verified property facts
000 CR 121 Rd is listed at $2,395,000 with 0 bedrooms, 175.76-acre lot. This places it above the 76549 median of $287,211.
000 CR 121 Rd is zoned for Lampasas ISD with assigned schools: Hanna Springs (elementary), Lampasas (middle), Lampasas (high). School assignments should be verified directly with the district.
000 CR 121 Rd is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($479,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 000 CR 121 Rd is around $16,818 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $2,395,000, 000 CR 121 Rd is in the none market where there are currently 36 active listings in 76549.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Lot Features
Fencing
Listing timeline with current price, original ask, and market time.
Lampasas ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($479K)
$2,395,000
Luxury property intelligence
A sourced read on none pricing, timing, and property scale. No automated valuation claim.
List price
$2,395,000
Price per sqft
Not available
Vs. none median
Not available
Days on market
292 days
Original to current
No verified reduction
$2.4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 6, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
000 CR 121 Rd sits on a 175.76-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in none
Active listings near 000 CR 121 Rd
