1261 Park Road Welcome to this stunning 55-acre ag-exempt property in Smith Ranch, Lampasas County-a gated Hill Country retreat offering privacy, security, and unmatched access to nature. Improvements include a 1, 760 sq ft main home, a 12x24 (1 bed/1 bath) guest house, and a climate-controlled 12x24 workshop-totaling 2, 048 sq ft of living space, ideal for full-time living or a weekend escape. Located within Smith Ranch with an optional POA, owners enjoy maintained roads, gated entry with surveillance, and private access to 4+ miles of the Colorado River across 7 common areas. Conveniently situated across from Colorado Bend State Park, with Post Oak Ridge State Park under development nearby. Utilities include Hamilton County Electric, 1 gig fiber internet, propane, and a private water well producing approximately 18 GPM. Abundant wildlife-whitetail, axis, aoudad, turkey, dove, and quail-complete this exceptional outdoor property. Whether you're looking for a peaceful homestead or recreational getaway, this property delivers the best of Texas country living.