Over 418 acres in Lockhart offering a rare mix of investment potential, ranch functionality, and natural beauty. The land is approximately 65% open pasture and 35% wooded with mature live oak and pecan trees, four stocked ponds, and a wet-weather creek. Improvements include a 1,831 SF main home originally from Austin that was expanded in 2008, a 1,200 SF 1930s cottage from Elgin, a 1,368 SF foreman’s home, and a metal barn with cattle pens. Public water, electricity, and an agricultural exemption are in place, keeping holding costs low while maintaining full usability. With frontage on FM 713, Fox Lane, and FM 86, the property provides excellent access and visibility for future development or continued ranch use. Located outside any city limits and unzoned, it offers flexibility for ranching, recreation, or long-term investment—just 30 miles south of Austin, 15 miles east of San Marcos, and 30 miles west of Bastrop.