This rare Texas Live Water river ranch blends luxury living w/outdoor recreation +/- 515.93 acres & +/- 2.8 miles of Colorado River frontage, just 30 min S of Brownwood and 2.5 hrs E of Ft Worth. Behind a private gated entry, heritage oaks lead to the main residence: 3 bedrooms, 2.5 baths, office, formal dining, oversized laundry, & game room w/bar, shuffleboard & stools—all conveying. A 1-bd/1-ba garage apt offers a private retreat. A wide wraparound porch to enjoy sunset views over the Colorado River. The chef’s kitchen has granite countertops, dbl ovens, 5-burner cooktop, custom cabinetry & walk-in pantry. The living room features high ceilings, crown molding and white stone fireplace. The primary suite has cathedral ceilings w/exposed beams, spacious bath & steel-door walk-in closet for added security. The updated 2-bd, 2-ba hunter’s cabin includes a large living room, 2 fireplaces, full kitchen w/SS appliances, 2 dining areas and game room w/bar, shuffleboard & wall games—all conveying. Also washer/dryer room, mudroom & storm cellar just steps away. Firepit & BBQ/smoker convey. Designed for recreation and operations, the ranch offers a +/-150-yd shooting range w/pro targets, fishing, canoeing, hunting & boating. Five deer blinds/feeders strategically placed throughout the property. Infrastructure: 2 barns, storage bldgs, cattle squeeze chute, horse corrals, tack rm w/AC & heat, deer cleaning station, 3 kennels & RV hookups (50/25 amp w/water/sewer). Property is served by community water, 2 wells & river pump w/irrigation spigots. High-speed fiber optic internet available at both homes. Majestic oaks, pecans & mesquites line ranch roads leading to the river’s edge. This ranch offers the ideal mix of luxury, recreation & operational capacity—perfect as a private retreat, family estate or working cattle/equestrian property.