Skip to content
Keenan Group#1 Austin Board of Realtors Team 2024
6729 US Hwy 281, view with 6729 US HWY 281 Hwy in Lampasas, Lampasas, Lampasas, TX
Active

$2,900,000

386.00 acresLot

6729 US Hwy 281, Lampasas, TX 76550

Reduced 17%$3,477,420
Lampasas·MLS# 3921240·269 days on market

— bed, — bath on 386.00 acres in Lampasas. Lampasas, TX 76550. $2,900,000. Lampasas ISD.

About This Home

MOTIVATED SELLER. The lowest price per acre for a live water ranch within 1 hour of Austin, TX.

Lucy Creek Ranch is a premier 386 acre live-water Texas Hill Country ranch located in Lampasas County, just 1 hour and 12 minutes from Austin. This rare offering features over half a mile of spring-fed Lucy Creek, dramatic limestone bluffs, rolling terrain, and excellent long-term investment potential. Live-water ranches of this caliber and proximity to Austin are increasingly difficult to replace. The ranch showcases rolling Hill Country topography with mature live oak motts, cedar flats, and healthy native grasses. Open pastures blend seamlessly with hardwoods and cedar, providing excellent habitat for wildlife and grazing. Elevation changes create long-range views and multiple elevated homesites ideal for a family retreat, recreational ranch, or future improvements. Lucy Creek flows year-round and remains reliable even during drought, offering audible streamflow, deep pools, and a scenic limestone backdrop. Additional water features include wet-weather ravines with natural seep springs, a spring-fed pond suitable for waterfowl hunting or stocking, and four wet-weather stock tanks. Two drilled water wells are present, one currently supplying livestock troughs. Improvements include partial low fencing with cross fencing, an internal road system, electricity, two RV hookups, and a water line along CR 2207. Twometal RV overhangs allow for immediate use while maintaining flexibility for future development. Native wildlife includes whitetail deer, Rio Grande turkey, dove, duck, and wild hogs, and the ranch carries an agricultural exemption. With frontage on both County Road 2207 and Highway 281, and just minutes from downtown Lampasas, Lucy Creek Ranch represents an outstanding hold-or-improve opportunity in the heart of the Texas Hill Country.

Property Type
Farm
Lot Size
386.00 acres

Listing information last updated September 2, 2026.

Listed by TX Real Estate Team LLC

MLS# 3921240 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 386.00-acre lot
Gentle Sloping
Native Plants
Private Maintained Road
Rock Outcropping
Rolling Slope

Facts & Features

Exterior & Lot

Lot Features

  • Gentle Sloping
  • Native Plants
  • Private Maintained Road
  • Rock Outcropping
  • Rolling Slope
  • Sloped Down
  • Sloped Up
  • Trees-Heavy
  • Trees-Large (Over 40 Ft)
  • Many Trees
  • Trees-Medium (20 Ft - 40 Ft)
  • Trees-Moderate
  • Trees-Small (Under 20 Ft)
  • Views

Fencing

  • Cross Fenced
  • Perimeter
Lot Size
386.00 Acres

Waterfront

  • Creek
Financial
Original List Price
$3,477,420
Utilities
  • Electricity Available
  • Electricity Connected
  • Water Available

Transaction History

1 record on file

Every recorded listing, sale, and lease at 6729 US HWY 281, whoever represented it.

  1. ActiveListed 2026
    Current price: $2,900,000Original list: $3,477,420MLS 3921240
    1. Listed · January 20, 2026$3,477,420
    2. Price changed · August 11, 2026$3,129,678
    3. Price changed · September 2, 2026$2,900,000

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.

View Timeline
Current list
$2,900,000
Original list
$3,477,420
Price movement
$577.4K reduction
Listed / DOM
Jan 20, 2026 · 269 days
Map showing 6729 US Hwy 281
6729 US Hwy 281
Directions

Zoned Schools

Lampasas ISD

1 High School1 Middle School1 Elementary School

Lampasas

High SchoolGrades 9-12Zoned assignment

Lampasas

Middle SchoolGrades 6-8Zoned assignment

Hanna Springs

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$16,063

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($580K)

Adjustable assumption - not a lending recommendation.

$2,900,000

Loan: $2.3M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
Get Pre-Qualified

Luxury property intelligence

Keenan Market Position

A sourced read on Lampasas pricing, timing, and property scale. No automated valuation claim.

List price

$2,900,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

269 days

Original to current

$577.4K reduction

$3.5M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

Request Private Market Analysis

Verified property facts

Frequently Asked Questions

How much is 6729 US Hwy 281?

6729 US Hwy 281 is listed at $2,900,000 with 0 bedrooms, 386.00-acre lot. This places it above the ZIP 76550 single-family closed-sale median price of $328,400 (ZIP 76550 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 6729 US Hwy 281 in?

6729 US Hwy 281 is zoned for Lampasas ISD with assigned schools: Hanna Springs (elementary), Lampasas (middle), Lampasas (high). School assignments should be verified directly with the district.

How should a buyer estimate the monthly payment for 6729 US Hwy 281?

This page does not assume a mortgage rate or publish a monthly payment for 6729 US Hwy 281. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 6729 US Hwy 281 compare with other homes in Lampasas?

As of Oct 15, 2026, 6729 US Hwy 281 is offered at $2,900,000. The current MLS snapshot shows 52 active listings in 76550.

What is the water access at 6729 US Hwy 281?

The MLS listing marks 6729 US Hwy 281 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.

Why Choose the #1 Austin Board Team for Lampasas

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 3:07:12 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution is prohibited.

Last updated: 10/15/2026, 3:07:12 PM

DMCA Notice · Privacy Policy · Terms