This 506± acre property in Hamilton County offers an opportunity for investment, recreation, or residential use in the heart of Hamilton, Texas. This property has been in the family as a working bison ranch, adding to its unique character and legacy. Conveniently located just 13 miles from both Hico & Hamilton, two charming towns with excellent restaurants, grocery stores, and medical services, this property is easily accessible with U.S. Highway 281 bisecting the land. Approx. 400± acres lie on the west side of the highway, while 106± acres sit on the east. Both tracts have Highway 281 frontage & CR frontage on the south boundary side. The main entrance, marked by custom stone gates, leads to a distinctive stucco lodge nestled on the western tract. This spacious lodge was built for entertaining, with a massive great room, open-concept kitchen and dining area, vaulted ceilings, and a loft with a full bath. There is a primary bedroom with a separate entrance and a kitchenette, as well as another guest room and a laundry room. Downstairs includes a large kitchen & suite, a full bath, and a half bath. See the floor plan for details on the flexible layout, perfect for hosting large groups or family gatherings. Just outside the lodge are several key improvements, including a large metal workshop, cattle pens, barns, and an original windmill, ideal for a working ranch or recreational hunting retreat. The landscape is a scenic mix of native hardwoods, such as oak and juniper, with gently rolling terrain and one stock tank that supports livestock and wildlife. On the West tract, a separate entrance off CR 105 provides access to a peaceful area featuring large oak trees, a water well, an RV hookup, and electricity, making it an ideal future homesite or weekend getaway. With its versatile layout, extensive road frontage, and existing infrastructure, this property is well-suited for a hunting lodge, family compound, or long-term investment.