3 bed, 3 bath, 2,583 sqft on 281.65 acres in Lampasas. Lampasas, TX 76550. $3,100,000. Lampasas ISD.
About This Home
This special hideaway ranch derives its name from a perpetual spring located on the property. Having reliable water is paramount for wildlife or livestock but the real bonus here is the 10+ acre lake! Big water is hard to come by, and this ranch boasts one of the best lakes in the area. A very quiet and private ranch located about ten minutes from Lampasas, an hour from Austin and about three hours from the DFW Metroplex. Currently being held under a 1-d-1 Wildlife exemption, the native grasses have thrived due to the lack of grazing livestock. Subsequently the wildlife has flourished with Whitetail Deer, Wild Turkey and a healthy population of Bobwhite Quail. The lake is a magnet for doves and ducks throughout the fall and winter offering some excellent wing shooting. Location: 10 miles North of Lampasas, 65 miles North of Austin. Approx. 800’ of frontage on County Road 2234 with one entrance. An excellent water well producing 40 gpm. Gently rolling with excellent topography, a nice size field that slopes towards the river. Recently constructed, two story barndominium with a 5973 square foot slab finished out with 2583 square feet of living space and 2814 square feet of shop space. The interior finish out is of excellent quality with a combination of stained concrete and hardwood floors. An open floor plan with custom cabinetry and granite countertops throughout. The Master Bedroom on the first level, the second level has two additional bedrooms and a bathroom. The shop area offers extensive storage space with large overhead doors for easy access. Flora: Ash Juniper provides excellent wildlife with scattered Mesquite, Hackberry and Elm. The low areas along the drainage below the lake have a wide variety of native brush. The spring sports a stand of cattails which is proof of the perpetual water source. Wildlife including Whitetail Deer, Wild Turkey, Bobwhite Quail, Feral Hog, Varmints, Doves and Ducks
A 10-plus-acre lake is the headline at 1684 County Road 2234, but the bigger story is 281.65 acres of private Lampasas County ranch land with a perpetual spring and a 2022-built home. Set about 10 miles north of Lampasas at 1684 County Road 2234, Lampasas, TX 76550, this Farm - Single Family Residence is listed at $3.25 million, or $1,258 per square foot, with 3 bedrooms, 3 bathrooms, and 2,583 square feet of finished living space.
Water is what separates average ranches from hard-to-find ones in this part of Central Texas. Here, the spring supports habitat year-round, the lake adds both recreation and utility, and the well is reported to produce 40 gallons per minute. That matters for livestock, wildlife, and long-term land use. The property is currently under a 1-d-1 wildlife exemption, and the lack of grazing pressure has allowed native grasses to thicken. That shows up in the wildlife profile, with Whitetail Deer, Wild Turkey, Bobwhite Quail, doves, ducks, and feral hogs all noted on the ranch.
The improvements were built for function. The two-story barndominium sits on a 5,973 square foot slab and includes roughly 2,814 square feet of shop space in addition to the living area. Large overhead doors make the shop practical for equipment, trailers, boats, or ranch vehicles. Inside, the floor plan is straightforward and efficient, with the primary bedroom on the first level and two additional bedrooms upstairs. Stained concrete, hardwood floors, custom cabinetry, and granite countertops keep the finish level in line with the price point without making the house feel fussy.
From a location standpoint, this property gives you real separation without giving up access. County Road 2234 provides about 800 feet of frontage and a single entrance, which helps with privacy and control. Lampasas is about 10 minutes away for daily needs, Austin is roughly an hour south, and the DFW Metroplex is about three hours away. School district information, campus assignments, and school ratings were not provided in the listing data, so buyers should verify those details directly.
For buyers looking at acreage in Lampasas County, the combination of big water, wildlife exemption status, modern improvements, and manageable access to Lampasas and Austin is what gives this property staying power. It is the kind of ranch that works now for recreation and weekend use while still protecting long-term value.
The numbers behind this insight
- Offered at
- $3,100,000
- Listed
- December 22, 2025
- Price changes
- Reduced, down 4.6% from $3,250,000
- Asking price per sq ft
- $1,200
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $734 per sq ft over the trailing 12 months (181 sales), as of October 15, 2026.
- Property Type
- Farm
- Year Built
- 2022
- Lot Size
- 281.65 acres
- Price / Sq Ft
- $1,200
- Garage
- 4 spaces
Listing information last updated April 28, 2026.
Listed by Ranch Investments
MLS# 5414534 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Granite Counters
- Concrete
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Metal Siding
- Private
- Many Trees
- Views
- Barbed Wire
- Slab
- Covered
- Porch
- Roof
- Metal
- Lot Size
- 281.65 Acres
- Attached
- Door-Multi
- Drive Through
- Garage
- Lighted
- Oversized
- Garage Spaces
- 4
Financial
- Original List Price
- $3,250,000
- Price per Sq Ft
- $1,200
Utilities
- Electricity Connected
- Water Source
- Well
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1684 County Road 2234, whoever represented it.
- ActiveListed 2025Current price: $3,100,000Original list: $3,250,000MLS 5414534
- Price changed · April 28, 2026$3,100,000
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
- $3,100,000
- Original list
- $3,250,000
- Price movement
- $150K reduction
- Listed / DOM
- Dec 22, 2025 · 298 days
Virtual Tour

Zoned Schools
Lampasas ISD
Lampasas
Lampasas
Hanna Springs
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% ($620K)
Adjustable assumption - not a lending recommendation.
$3,100,000
Luxury property intelligence
Keenan Market Position
A sourced read on Lampasas pricing, timing, and property scale. No automated valuation claim.
List price
$3,100,000
Price per sqft
$1,200/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
298 days
Original to current
$150K reduction
$3.3M 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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