Nestled in the heart of the Hill Country is a one-of-a-kind farmhouse that sits atop 27 breathtaking acres. The property is Ag Exempt with no mandatory HOA, a rare and valuable combination that offers exceptional flexibility. Whether you're envisioning a private estate, retreat, wedding venue, family compound, or boutique hospitality concept, this land is ready to support your vision. With sweeping views, three ponds, a private pavilion, two barns, and multiple wells, the setting blends beauty with utility. The interior features three bedrooms, two living areas, three full bathrooms, and an office, along with soaring ceilings and beautifully updated flooring throughout the first level. Una Vaca Ranch is ideally situated in a corridor of exciting growth near the charming Marble Falls community. Nearby amenities include Lake Marble Falls (3.6 miles), the Balcones Canyonlands National Wildlife Refuge, wineries, distilleries, and other natural treasures. Only 54 miles to Downtown Austin and 92 miles to San Antonio, and most importantly, only 8 short minutes (5.1 miles) to the newly renovated H-E-B.