#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Set along the highly sought-after FM 580 corridor in Kempner, Texas, this exceptional 168 acre live water ranch offers a rare opportunity to own one of the finest legacy properties in Lampasas County. Featuring approximately one-half mile of coveted Lampasas River frontage, this remarkable property combines premier live water, productive agricultural land, outstanding wildlife habitat, and breathtaking natural beauty.
Located in one of the most desirable areas of Lampasas County, the region is known for scenic beauty, fertile soils, strong agricultural productivity, and exceptional recreational appeal. The drive to the ranch showcases some of the most beautiful countryside in the Texas Hill Country.
The ranch features lush pastures with improved grasses ideal for cattle grazing and hay production. Fully fenced and currently configured for cattle, it is well suited for agricultural use while also offering excellent recreational and residential potential.
Towering heritage live oaks and mature pecan trees create a timeless park-like setting. Approximately 100 feet of elevation change carries the land from FM 580 down to the Lampasas River, providing dramatic topography, long-range views, and multiple premier homesite locations overlooking the scenic river bottom.
Wildlife is abundant, with consistent sightings of dove, turkey, whitetail deer, and axis deer. The combination of river frontage, native cover, productive pasture, and mature hardwoods creates exceptional habitat.
This stretch of the Lampasas River offers outstanding swimming, fishing, and year-round recreation. Electricity, city water, and abundant subsurface groundwater provide modern convenience, while large neighboring ranches enhance privacy and seclusion.
Properties of this caliber with significant live water, strong topography, productive soils, mature hardwoods, and exceptional privacy rarely come to market in Lampasas County. A truly special legacy ranch.
Property Type
Farm
Lot Size
168.00 acres
Listed by Ranchland Real Estate
Verified property facts
8044 580 is listed at $2,749,995 with 0 bedrooms, 168.00-acre lot. This places it above the 76539 median of $565,000.
8044 580 is zoned for Lampasas ISD with assigned schools: Hanna Springs (elementary), Lampasas (middle), Lampasas (high). School assignments should be verified directly with the district.
8044 580 is in Downtown Austin, Austin, Texas. See the full [Downtown Austin neighborhood guide](/neighborhoods/downtown-austin) for market data, schools, and lifestyle details.
8044 580 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($549,999) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 8044 580 is around $19,311 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Lot Features
Fencing
Waterfront
Listing timeline with current price, original ask, and market time.
Lampasas 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% ($550K)
$2,749,995
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$2,749,995
Price per sqft
Not available
Vs. Downtown Austin median
+214.3%
$875K median
Days on market
12 days
Original to current
No verified reduction
$2.7M original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 214% above the Downtown Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 6, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $2,749,995, 8044 580 is in the Downtown Austin market where there are currently 17 active listings in 76539. For a detailed market analysis, see our [Downtown Austin guide](/neighborhoods/downtown-austin).
8044 580 includes verified waterfront access: River Front. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
8044 580 sits on a 168.00-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Downtown Austin is one of Austin's established neighborhoods, zoned for Lampasas ISD in the 76539 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in N/A
Neighborhood guide and local insights
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts. The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake. The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views. Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance. Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
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