Rare opportunity to own 50.615 unrestricted acres with multiple homes, Highway 79 visibility, agricultural exemption, and significant future potential between Thrall and Thorndale. This versatile property features two existing homes including a unique hillside home built in 1995 and a log cabin built in 2003, making it ideal for multi-generational living, guest housing, rental income, or live/work functionality. The property offers exceptional flexibility for a variety of uses including residential estate, contractor headquarters, RV park development, industrial or metal building projects, storage operations, or small business use. With extensive open land, Thorndale city water, septic in place, visibility from highway 79, and access along CR 436, the property presents numerous possibilities for an owner-user or investor. Approximately 47 acres currently carry an ag exemption, and cattle are presently on the property. A portion of the property lies within the 100-year floodplain. The back section of the property formerly featured a lake prior to a dam failure years ago. Restoration of the dam and lake could create an incredible long-term amenity and recreational feature. Whether you are looking to build a custom ranch estate, create a business operation with on-site housing, develop an RV or contractor park, event center, or invest in a unique mixed-use opportunity, this property offers tremendous upside in a rapidly growing corridor along Highway 79. All information is deemed reliable. Buyers to verify all information.