Exceptional approximately 20 acre ag exempt farm & ranch property in Cooke County offering outstanding build potential, privacy, & functionality, all located on paved FM 902 with convenient access to nearby towns, major highways, & Interstate 35 for easy travel to Fort Worth, Oklahoma City, & surrounding North Texas areas. Designed with future growth in mind, this versatile acreage features established homesite & shop pads with utilities already in place, including septic system, water, & electrical service with 100 amp panel installed. Whether building a custom residence or expanding operations, the groundwork has already been prepared. Privacy & security are standout features with a solar powered gated entrance & mature treed fence lines creating a secluded setting where neighboring properties are not visible from most areas of the land. Sandy loam soil provides excellent footing for livestock & horses, making this property well suited for equestrian use with ample space available for the addition of a riding arena. The property is fully fenced & cross fenced with multiple livestock pens, water to all pastures, & an alleyway system dividing grazing areas for efficient livestock management. A charming approximately 800 square foot farmhouse offers 2 bedrooms, 1 full bathroom, full kitchen, laundry area, & mini split heating & cooling, along with a 2 car covered carport. Outdoor living is enhanced by a covered patio featuring an outdoor kitchen & firepit, providing an inviting space to relax & enjoy the peaceful surroundings. Additional improvements include a 150 by 20 covered open air barn with six stalls, feed storage, equipment parking, & additional storage space. A scenic approximately 20 foot deep pond sits in the far south pasture, adding both function & natural beauty. This Cooke County property offers flexibility for livestock, horses, homesteading, or future residential development in a private & highly usable setting.