Nestled in the peaceful countryside of Lexington, this exceptional Texas ranch offers Southern charm, wide-open beauty, and incredible possibilities. At its heart is an approximately 3,300-square-foot, 4BR, 3 1/2 bath custom home built by Wyatt Ewald Custom Home. The all-electric residence is plumbed for gas and thoughtfully constructed with fully insulated interior walls and a fully insulated garage featuring pegboard walls for exceptional organization and workspace. An owner-owned water softener and reverse-osmosis system are also included, with internet and landline service available. The property is under an agricultural exemption, excluding the five-acre homestead. Two fenced, hay-producing pastures are ideal for baling or grazing, while the remaining ag-exempt acreage offers open pasture with room for horses, livestock, or recreation. The property was originally serviced by a hand dug 40 ft. water well. Two water wells, drilled in 2011, now service the property. One services the home and fields, while another serves the pasture on the second portion of the property. Three picturesque stock ponds—including one that is spring-fed—enhance the land’s natural beauty and agricultural value. Additional improvements include 400-amp commercial electrical service to the home, 200-amp service to the third well, a 60-by-50-foot barn with a four-inch concrete slab and four doors, plus a second original barn with a dirt floor. Located in a growing Central Texas area within reach of Taylor, Bastrop, Austin, Round Rock, and Georgetown, this unrestricted property presents an extraordinary opportunity for a horse ranch, family estate, working farm, private retreat, event venue, or a resort-style destination. Whether you dream of preserving the land or creating something entirely your own, this remarkable Lexington ranch offers the space, infrastructure, and freedom to build a lasting Texas legacy.