Former Noelling Hills Horse Ranch with just under 275 acres of rolling land, beautiful trees and a 5 acre lake with a dam that the Corps of Engineers maintains. This expansive property offers endless possibilities to bring the ranch back to life, or for a developer to make it something new whether it's a residential subdivision, or a mixed-use project, this property provides the space and potential to accommodate your dreams. Surrounded by natural beauty and wildlife, there are mutiple buildings on property including an 80x120 Insulated Metal Shop with a concrete floor, electric and water; 120x150 Indoor Arena with 9 horse stalls, tack room and wash station; Red 60x80 Horse Barn with six stalls including a double foaling stall; 40x60 Hay Barn with natural floor; and 5 additional 12x20 loafing sheds on the various pastures on the property. There is a 2 story 1200sqft log home on the property that is not currently habitable. Located in Exemplary Anna ISD off FM 3133 minutes from US 75 with easy access to shopping, great schools, medical care and entertainment. South side of the property runs along Sister Grove Creek. Listing Includes 2 Parcels ABS A0742 MARK ROBERTS SURVEY, SHEET 2 TRACT 55, 271.082 ACRES & TRACT 70, 3.4 ACRES