— bed, — bath on 127.52 acres in Lampasas. Lampasas, TX 76550. $1,466,480. Lampasas ISD.
About This Home
Seis Banderas 127 Ranch 460 PR 1236 | Lampasas, Texas Discover the perfect blend of functionality and Hill Country charm on this 127.52± acre ag-exempt ranch in Lampasas County. Seis Banderas Ranch offers a well-rounded property ideal for ranching, recreation, or a peaceful country retreat. The property features a comfortable barndominium with a covered porch, complete with 2 bedrooms and 1 full bath. Inside, you’ll find a wood-burning stove, ceiling fans, and a fully equipped kitchen with electric stove, dishwasher, and refrigerator. A washer and dryer are also included, making this home move-in ready. Attached to the living quarters is a 390± sq ft metal shop, perfect for projects, storage, or equipment. Additional improvements include a 2,400 sq ft barn, cattle working pens, and a water trough, supporting a variety of agricultural operations. The land itself is well-equipped with two ponds, a wet weather creek, and a water well, providing reliable water sources for both livestock and wildlife. The ranch boasts excellent native habitat, offering outstanding hunting opportunities and abundant wildlife. Enjoy scenic views across gently rolling terrain, all while benefiting from minor restrictions that help preserve the integrity of the area without limiting usability. Seis Banderas Ranch is a versatile property that checks all the boxes—whether you're looking to run cattle, hunt, or simply enjoy wide-open Texas land.
The 127.52-acre Seis Banderas Ranch at 460 Private Road 1236 in Lampasas County delivers the functional infrastructure serious ranchers and rural landowners need without compromise. Built around an operational barndominium with 2 bedrooms and 1 full bath, this ag-exempt property centers on purpose-built facilities that separate work from living space cleanly.
The working core includes a 2,400 square foot main barn paired with cattle working pens and water troughs, giving livestock handlers immediate access to sorting and handling infrastructure. A separate 390 square foot metal shop attached to the residence provides covered space for equipment maintenance, project work, and secure storage without walking to a distant outbuilding. The barndominium itself is move-in ready with a wood-burning stove, fully equipped kitchen including dishwasher and electric range, washer-dryer hookups, and ceiling fans throughout.
Land utility here matters more than acreage alone. Two ponds anchor the water infrastructure, supplemented by a wet weather creek and working well that ensure year-round livestock watering and wildlife support. The gently rolling terrain across this Lampasas County footprint holds excellent native habitat, which translates directly to hunting opportunities and wildlife observation without requiring intensive land management.
This setup scales to cattle operations, horse boarding, or mixed livestock management. The combination of working pens, water sources, and covered storage means you're not starting from zero with ranch infrastructure. The property sits within Lampasas ISD, with Hanna Springs Elementary, Lampasas Middle, and Lampasas High School serving the district.
Priced at $1.53 million on a 17-day market cycle, Seis Banderas Ranch represents functional rural real estate where every building and water feature serves a specific operational purpose. Whether you're running livestock as primary income, maintaining a private hunting property, or establishing a working retreat, the barndominium-plus-infrastructure model eliminates years of build-out. The ag-exempt status preserves your options for future operations while minor deed restrictions maintain the area's rural character without locking you into specific uses. This is land that works for you from day one.
The numbers behind this insight
- Offered at
- $1,466,480
- Listed
- May 6, 2026
- Price changes
- Reduced, down 4.2% from $1,530,240
- Property Type
- Farm
- Lot Size
- 127.52 acres
Listing information last updated July 22, 2026.
Listed by Texas Ranch Brokers LLC
MLS# 3074149 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Heating
- Central,Electric
- Cooling
- Ceiling Fan(s),Central Air
Exterior & Lot
- Barbed Wire
- Lot Size
- 127.52 Acres
- Dry
- Seasonal
- Pond
Financial
- Original List Price
- $1,530,240
Utilities
- Electricity Connected
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 460 Private Road 1236, whoever represented it.
- ActiveListed 2026Current price: $1,466,480Original list: $1,530,240MLS 3074149
- Listed · May 6, 2026$1,530,240
- Price changed · July 22, 2026$1,466,480
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
- $1,466,480
- Original list
- $1,530,240
- Price movement
- $63.8K reduction
- Listed / DOM
- May 6, 2026 · 163 days
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% ($293K)
Adjustable assumption - not a lending recommendation.
$1,466,480
Luxury property intelligence
Keenan Market Position
A sourced read on Lampasas pricing, timing, and property scale. No automated valuation claim.
List price
$1,466,480
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
163 days
Original to current
$63.8K reduction
$1.5M 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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