A rare opportunity to own one of Lee County's most captivating ranches-152.447 unrestricted acres of rolling terrain, mature oaks, and improved pasture near Ledbetter. Four ponds grace the property, the largest spanning approximately 4 acres and serving as the scenic centerpiece of the landscape. The comfortable 3-bedroom, 1.5-bath home offers a welcoming retreat, while a restored vintage caboose adds distinctive character as a guest quarters, office, or entertaining space. Designed for recreation and production alike, the ranch is well suited for cattle, horses, hunting, and fishing, with abundant wildlife and expansive views throughout. A thoughtful balance of open pasture and scattered hardwoods creates an ideal setting for a working ranch, weekend escape, or legacy holding. Private, versatile, and rich with timeless Texas character, this is land to enjoy today and steward for generations to come.