Looking for space and privacy just outside Hillsboro, minutes from I-35? This 208± acre property is anchored by a ~25-acre soil conservation lake with grassy, walkable shoreline—suited for fishing along the bank or with a small boat, kayak, or jet ski—along with a connected pond system that adds water access across multiple pastures. The land supports an active hay and cattle operation, with roughly 65 acres in cultivation and fencing throughout the pastured areas. Good interior roads connect the barn, home, and lake, and the property carries an agricultural exemption. The cultivated ground is under a simple annual crop lease that does not affect use of the home, barn, or pastures. Mature shade trees surround a 1,814 sq ft home with 3 bedrooms and 2 baths, and the 60×40 barn adds drive-through bays, stalls, and equipment storage—suited to a few personal horses alongside the cattle operation. Twenty-plus years in the same family, this is a working property with a rare private lake close to I-35. Mineral rights to be retained by Seller. Call to schedule your tour.