000 Rail Hollow Ranch Lot 23 Nestled in the gentle rolling hills of Ozark County, this scenic 10-acre (m/l) tract in Theodosia, Missouri offers the kind of setting that draws people to rural lake life and keeps them there. Known for its natural beauty and excellent fishing and water recreation, Theodosia sits along Bull Shoals Lake, with this property located less than 10 minutes from the public boat launch at Theodosia Park. The land is just minutes off US Hwy 160, providing easy access while still feeling tucked away and private. Prior clearing allows for convenient navigation throughout the property and opens up several attractive options for future build sites. A year-round pond serves as a standout feature, adding both charm and functionality for animals, wildlife, or a peaceful view from your future home. The property offers access from either the road along the north boundary or the south boundary, providing flexibility in layout and design. Electric runs along the road, making future development even more attainable. Whether you're envisioning a full-time residence, a weekend retreat, or a long-term investment near Bull Shoals Lake, this property delivers space, scenery, and location in one beautiful Ozarks package.