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$7,900,000 Just Listed
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Property Description
The R&R Riverbend Ranch presents a rare opportunity to own 340 acres in the highly sought-after Lampasas River Valley, featuring nearly two miles of frontage along the Lampasas River. Properties offering this combination of acreage, substantial river frontage, productive agricultural land, exceptional views, and newly constructed improvements are increasingly difficult to find in the Texas Hill Country. At the heart of the ranch is a fertile river valley with a long history of agricultural production. The property includes approximately 180 acres of cultivated bottomland, currently utilized for hay production and winter wheat grazing. The field is believed to be the oldest continually cultivated field in Lampasas County, adding a unique layer of history and character to an already remarkable property. Perched above the river valley, the newly constructed ranch headquarters takes full advantage of the property's elevated setting and panoramic views. The improvements include a custom-built main residence, an adjoining custom guest house, and a large metal storage and equipment barn. Thoughtfully designed for both comfortable ranch living and entertaining, the residences feature open floor plans, expansive windows, abundant natural light, and exceptional views across the ranch and surrounding countryside. Despite the expansive vistas, the headquarters maintains a strong sense of privacy and seclusion. Water resources are abundant throughout the ranch. Two ponds are located on the elevated western portion of the property and are fed by wet-weather drainage creeks. The larger pond has proven remarkably reliable, maintaining water even through periods of drought, and offers recreational fishing opportunities for bass and perch. The eastern portion of the ranch encompasses nearly two miles of meandering Lampasas River frontage, providing an exceptional recreational and scenic component.
Full Property Details
Full Property Details for 15104 N Hwy 281
General
- Price: $7,900,000
- Taxes: (2026)
- Status: Active
- Type: Farm Single-Family
- Source: Austin_MLS
- MLS ID: 7544333
- Updated: 9/4/2026
- Added to Site: 6 day(s) ago
Interior
- Interior Features: See Remarks
- Appliances: See Remarks
- Flooring: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: None
- Security/Safety: See Remarks
Exterior
- Exterior Features: See Remarks
- Porch/Patio/Deck: See Remarks
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: See Remarks
Location
- Area: LP
- County: Lampasas
- Subdivision: N/A
- Driving Directions: Property is located on the east side of Hwy 281 approximately 14 miles north of Lampasas and 1.5 miles south of Adamsville.
- Direction Faces: West
School Information
- Elem School District: Lampasas ISD
- Midd School District: Lampasas ISD
- High School District: Lampasas ISD
- Elementary School: Hanna Springs
- Middle School: Lampasas
- High School: Lampasas
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Sewer: See Remarks
- Water: Well
- Well: Yes
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Construction: Stucco
- Roof: Metal
- Windows: See Remarks
- Stories/Levels: 1
- Square Feet: 3,800
- Sq. Ft. Source: Owner
- Living Area: 3,800 Sq. Ft.
- Year Built: 2025
- Year Built Source: Owner
- Property Condition: New Construction
Additional Structures
- Other Structures: Guest House, Residence, See Remarks
Lot Features
- Property View: Hills, Pasture
- Lot Size (Acres): 340
- Lot Size (Sq. Ft.): 14,810,400
- Fence: Yes
- Lot Features: Agricultural, Gentle Sloping, See Remarks
- Fencing (Description): See Remarks
Water Features
- Water Front: Yes
- Water Front Name: Lampasas River
- Water Front Desc.: Pond, River Front
Green Features
- Energy Efficient: See Remarks
Financial Considerations
- Assessment Amount: $273,800
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: Acr: 49.78(tr1) Abst:0699, 0423, 0182, 0546 Surv:Jm Townsen, W Jones J Elkins, S Potter
- Disclosures/Reports: See Remarks
- Property ID: 19217
Listed by West and Swope Ranches
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Schools
Schools serving 15104 N Hwy 281
School District:Southside Independent School District
| Name | Grades | Distance |
|---|---|---|
Colonel Menchaca Early Childhood Center 16180 U.S. 281, San Antonio, TX 78221 | PK-K | 0.6 mi |
Julian C Gallardo Elementary School 1300 Del Lago Parkway, San Antonio, TX 78221 | 1-5 | 2 mi |
Losoya Middle School 1610 Martinez Losoya Road, San Antonio, TX 78221 | 6-8 | 2.4 mi |
Southside High School 19190 U.S. 281, San Antonio, TX 78221 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15104 N Hwy 281
Date
Details
Price
Change
Source
9/04/2026
Listed
$7,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 15104 N Hwy 281
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