Discover this one-of-a-kind 42-acre private ranch estate adjacent to Terrell City Lake offering natural beauty, and endless possibilities. A sunroom was added with a wall heater and window unit, which brings the square footage to approximately 1600 sqft. Nestled on rolling terrain and set far back from the road behind a gated entrance, this private property provides the perfect escape from city life while still being conveniently located near Terrell. The charming 2-bedroom, 2-bath home sits in a prime location on the property, offering peaceful views of the pond and scattered mature oaks that create a serene, park-like setting. A seasonal creek runs along the property, adding to the tranquil, natural ambiance. Ideal for outdoor enthusiasts or those seeking a private homestead, the land is currently exempt for agriculture and wildlife management, attracting deer and native wildlife—perfect for observing or recreational use. Outbuildings include a workshop with concrete floor, electricity and water. A barn previously used to raise Emu's features water lines in the concrete with the ability for the floor to once again be heated...perfect for chickens or animals. Additional features include: Three ponds, a nice storm cellar, large covered carport, gated entry and gently rolling terrain with multiple ideal homesites. Whether you’re looking for a weekend retreat, future dream homesite, or land to invest in, this rare opportunity is priced to sell. Don't miss your chance to own a slice of Texas countryside that’s both scenic and functional.