
— bed, — bath on 117.00 acres in none. Lometa, TX 76853. $1,450,000. Lometa ISD.
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.
Verified property facts
2992 County Road 2400 is zoned for Lometa ISD with assigned schools: Lometa (elementary), Lometa (middle), Lometa (high). School assignments should be verified directly with the district.
2992 County Road 2400 is listed by Keller Williams Brazos West. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
The most recent annual property tax for 2992 County Road 2400 is $3,922. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 2992 County Road 2400. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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Listing timeline with current price, original ask, and market time.

Lometa 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% ($290K)
Adjustable assumption - not a lending recommendation.
$1,450,000
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List price
$1,450,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
68 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 Sep 25, 2026.
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The MLS listing marks 2992 County Road 2400 as waterfront. The reported waterfront feature is Creek. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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