155 Frenzel Cut Off Fabulous 46-Acre Luxury Ranch with Wildlife Exemption. Experience the perfect blend of luxury, privacy, and country living on this exceptional 46-acre ranch less than an hour from Austin, completely fenced and offering a unique wildlife exemption. This remarkable property features a beautifully renovated main residence, two separate guest quarters, a custom in-ground salt water pool and spa, barn, workshop, storage structure, 2 stocked ponds with various types of fish and more than 3, 200+/- square feet of total living space. The main home offers a spacious and inviting layout with 3 bedrooms, 2 full baths, a great room, oversized dining area, and a 2-car garage. Recent major renovations include a thoughtfully designed addition with high-end finishes, while the original structure was completely taken down to the studs and extensively renovated, creating a beautiful combination of character and modern luxury. Two separate guest quarters provide exceptional flexibility for family, guests, or extended stays. Each features 1 bedroom, 1 full bath, and a comfortable living area, with extensive interior and exterior renovations. Outdoor living is truly exceptional, highlighted by a custom in-ground pool and spa with a chiller/cold plunge and heater, perfect for relaxing year-round. The expansive acreage provides plenty of room for recreation, livestock, fishing, wildlife, and enjoying the peace and privacy of ranch living. This is a rare opportunity to own a fully fenced 46-acre luxury ranch offering extensive improvements, multiple living spaces, exceptional amenities, and the freedom and privacy of acreage living-all in one extraordinary property less than an hour from Austin! TAX RECORDS DO NOT REFLECT THE TOTAL SQFT OF THE TWO ADDITIONAL GUEST QUARTERS