This 400-acre property in Hamilton County offers a unique opportunity for investment, recreation, or residential use in the heart of Hamilton, Texas. Formerly a working bison ranch, it carries both character and legacy. Located just 13 miles from Hico and Hamilton, the property is easily accessible to dining, shopping, and medical services. Approximately 400 acres lie west of Highway 281, with an additional 106 acres available east of the highway. Both tracts feature Highway 281 and CR frontage. The main entrance, with custom stone gates, leads to a distinctive stucco lodge designed for entertaining. The lodge features a massive great room, vaulted ceilings, an open kitchen and dining, a loft with a full bath, a primary suite with a kitchenette and private entrance, plus a guest room and laundry. Downstairs offers another large kitchen and suite, full bath, and half bath, ideal for gatherings or family retreats. Outside, improvements include a large metal workshop, cattle pens, barns, and an original windmill. The scenic terrain features rolling land, hardwoods, and a stock tank for livestock and wildlife. A separate entrance off CR 105 leads to an area featuring large oaks, a water well, an RV hookup, and electricity, ideal for a future homesite or weekend getaway. With versatile improvements, extensive road frontage, and infrastructure, this property is well-suited for a hunting lodge, family compound, or long-term investment.