Check Availability
Lampasas 76853
2992 County Road 2400
$1,450,000
↓ $100K (6.5%)
● House - For Sale

2992 County Road 2400

Lometa, TX 76853
bedrooms
Studio
bathrooms
0 Bath
$7,447
Est. Monthly

About This Property

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.
Unit Size
-
Days on Market
-
Land Size
117.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1994

Listed By

Kasey Mock
Kasey Mock
Keller Williams Brazos West

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Last updated: 2 months ago (Unlock MLS #ACT4925821)

Price History

Date / Event Date Event Price
Sep 4, 2026 Price Decreased $1,450,000
↓ $100K (6.5%)
Price Decreased
Jul 20, 2026 Listed by Keller Williams Brazos West $1,550,000
Listed by Keller Williams Brazos West

Property Highlights

Air Conditioning
Fireplace
With View
Exterior Details
Waterfront Features: Creek
Other Structures: Barn(s), Shed(s)
Lot Features: Agricultural, Farm, Wooded, Views, Public Maintained Road
Lot Size Area: 5096520
Lot Size Units: Square Feet
Lot Size Acres: 117
Lot Size Square Feet: 5096520
Water Source: Public, Well
Financial Details
Tax Assessed Value: $1,163,630
Tax Annual Amount: $3,922
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Fireplace(s)
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,774
  • Lot Size Frontage Feet: 0
  • Total Building Area: 5,041
  • Gross Building Area: 5,041
  • Building Area: 5,041
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000000959
  • Standard Land Use Code: 7001
  • County Land Use Code: E1
  • Legal Description 1: ACR: .959 ACRE ABST: 0720 SURV: E WINSTON LOCCD:110

Neighborhood

  • School District Name: Lometa Independent School District
  • Census Tract: 950100

Geography

  • Account Number: 20720-090-000-00
  • Parcel: 13549
  • Municipality: LOMETA
  • Latitude: 31.2615
  • Longitude: -98.497

    Address

  • Full Address: 2992 County Road 2400
  • Address - House Number: 2992
  • Address - Street Name: County Road 2400
  • State: TX
  • City Name: Lometa
  • Carrier Code: H062
  • 4-Digit Zip Code: 3600
  • Zip Code: 76853

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $430,988
  • Tax Rate Code Area: LAM R&B SL

    Market Valuation

  • Market Total Value: $312,420
  • Market Land Value: $2,990
  • Market Improvement Value: $309,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,420
  • Assessed Land Value: $2,990
  • Assessed Improvements Value: $309,430
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lampasas


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Frequently Asked Questions

When was property at 2992 County Rd 2400 built and last sold?
The property at 2992 County Rd 2400 was built in 1994 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2992 County Rd 2400 is $1,464,500.
What are some comparable homes to 2992 County Rd 2400?
There are currently no comparable homes to 2992 County Rd 2400.