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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
123 Private Road 138 is listed at $795,000 with 2 bedrooms, 2 full, 1 half bathrooms, 1,177 square feet, 30.57-acre lot.
123 Private Road 138 is zoned for Lampasas ISD with assigned schools: Kline Whitis (elementary), Lampasas (middle), Lampasas (high). School assignments should be verified directly with the district.
123 Private Road 138 is a Residential built in 1980 featuring 2 bedrooms, 2 full, 1 half bathrooms, 1,177 square feet, 30.57-acre lot.
123 Private Road 138 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 ($159,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 123 Private Road 138 is around $5,583 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Welcome to a glorious 30.57 acres of pristine beauty awaiting you. This sprawling property is a haven of natural splendor, featuring majestic legacy live oaks and a meticulously remodeled 2,000 +/- sqft home nestled under the shade of grand Spanish Oaks. Accompanying the residence are notable structures designed to enhance your ranch living experience. A substantial 3,750 sqft barn, a 500 sqft Storage Barn, and an insulated backhouse, perfect for a fixer-upper guest cottage or a rustic hunter's cabin, complete this retreat. Enjoy the convenience of co-op water and electricity, ensuring all the comforts of modern living. The property is secured by a chip-sealed paved private road and a keypad gated entrance, offering not just convenience but an added layer of security. The tastefully modern ranch-style home provides spacious living quarters, complemented by two barns that offer ample storage space and potential for livestock or equipment. The property's crowning glory is its breathtaking hill country views toward Lampasas, creating a serene backdrop for outdoor activities or simple relaxation on your porch. This ranch is a harmonious blend of privacy, convenience, and natural beauty, providing an ideal setting for a peaceful and fulfilling lifestyle in the great outdoors. Other Improvements: Modern conveniences abound with electricity, a Corix waterline, and chip-sealed paved road frontage enhancing the property's infrastructure. (Buyers agent must be identified on the first contact and must accompany buyer prospect on all showings to be allowed full participation. If this condition is not met, fee participation will be at the sole discretion of Shipley Ranches, Broker). The information contained herein is understood to be accurate and reliable, but it is not guaranteed. Please verify all information before using the information contained herein for decision-making purposes.
Property Type
Residential
Year Built
1980
Lot Size
30.57 acres
$/Sq Ft
$675
Listed by Shipley Ranches
Property Details
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. Ratings from GreatSchools.org.
20% ($159K)
$795,000
Luxury property intelligence
A sourced read on Double Ott Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$795,000
Price per sqft
$675/sqft
Vs. Double Ott Ranch median
Not available
Days on market
886 days
Original to current
No verified reduction
$795K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 7, 2026.
Request Private Market AnalysisAt $795,000, 123 Private Road 138 is in the Double Ott Ranch market where there are currently 39 active listings in 76550.
123 Private Road 138 was built in 1980 (46 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$795,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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