2 bed, 2 bath, 1,177 sqft on 30.57 acres in Lampasas. Lampasas, TX 76550. $795,000. Lampasas ISD.
About This Home
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
- Price / Sq Ft
- $675
Listing information last updated January 28, 2026.
Listed by Shipley Ranches
MLS# 4500890 • Pending
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 30.57 Acres
Financial
- Original List Price
- $795,000
- Price per Sq Ft
- $675
Transaction History
1 record on file
Every recorded listing, sale, and lease at 123 Private Road 138, whoever represented it.
- PendingListed 2023Current price: $795,000Original list: $795,000MLS 4500890
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $795,000
- Original list
- $795,000
- Price movement
- No verified reduction
- Listed / DOM
- Dec 7, 2023 · 1,043 days
Virtual Tour

Zoned Schools
Lampasas ISD
Lampasas
Lampasas
Kline Whitis
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($159K)
Adjustable assumption - not a lending recommendation.
$795,000
Luxury property intelligence
Keenan Market Position
A sourced read on Lampasas pricing, timing, and property scale. No automated valuation claim.
List price
$795,000
Price per sqft
$675/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
1,043 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 Oct 15, 2026.
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