— bed, — bath on 117.00 acres in Lometa. Lometa, TX 76853. $1,450,000. Lometa ISD.
About This Home
The Shepperd Ranch is a rare opportunity to own a turnkey ranch that offers the perfect balance of comfortable country living, productive cattle operations, quality hay production, and outstanding hunting and recreational value. Located just 2.8 miles south of US Highway 190 in western Lampasas County near Lometa, this 117± acre property features over 2,000 feet of paved County Road 2400 frontage and is ready for immediate enjoyment.
The recently remodeled 1,664± square foot Austin stone home offers 2 bedrooms and 2 bathrooms with numerous updates including a new flooring, paint, doors, plumbing, and HVAC. A two-car attached carport, pipe-fenced yard, towering live oaks, and breathtaking 20-mile views create an exceptional homesite. A Corex water meter is at the house, in addition to the water well.
Designed with livestock in mind, the ranch includes a 44’x44’ metal workshop on a concrete slab, covered cattle working facilities, two water wells, a well house, and excellent cross fencing. Three improved Coastal Bermuda fields have consistently produced over seven round bales per acre on the first cutting, while a fourth field is ready for Coastal or winter wheat. Four additional native grass pastures provide an ideal setup for rotational grazing.
A new solar-powered water well supplies three concrete troughs serving both livestock and wildlife. Antelope Creek meanders through the ranch for over 1,900 feet, featuring scenic limestone bluffs, mature pecan trees, and a deep stock pond.
Whether you’re looking for a full-time residence, weekend retreat, cattle operation, hay farm, or hunting property, the Shepperd Ranch delivers an exceptional combination of beauty, productivity, and recreation that is difficult to find in this size range.
- Property Type
- Farm
- Lot Size
- 117.00 acres
Listing information last updated September 3, 2026.
Listed by Keller Williams Brazos West
MLS# 4925821 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Heating
- Central,Fireplace(s)
- Cooling
- Central Air
Exterior & Lot
- Agricultural
- Farm
- Public Maintained Road
- Trees-Large (Over 40 Ft)
- Views
- Fenced
- Pipe
- Lot Size
- 117.00 Acres
- Creek
Financial
- Original List Price
- $1,550,000
Utilities
- Electricity Connected
- Water Connected
- Water Source
- Public,Well
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 2992 County Road 2400, whoever represented it.
- ActiveListed 2026Current price: $1,450,000Original list: $1,550,000MLS 4925821
- Listed · July 20, 2026$1,550,000
- Price changed · September 3, 2026$1,450,000
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
- $1,450,000
- Original list
- $1,550,000
- Price movement
- $100K reduction
- Listed / DOM
- Jul 20, 2026 · 88 days
Virtual Tour

Zoned Schools
Lometa ISD
Lometa
Lometa
Lometa
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% ($290K)
Adjustable assumption - not a lending recommendation.
$1,450,000
Luxury property intelligence
Keenan Market Position
A sourced read on Lometa pricing, timing, and property scale. No automated valuation claim.
List price
$1,450,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
88 days
Original to current
$100K reduction
$1.6M 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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