1600 County Road 465 11 ag-exempt acres in the Elgin/Taylor growth corridor, Coupland ISD, with income in place from day one. Available for future subdivision into smaller parcels. Whether that's multiple building sites for a family compound, individual tracts to sell off over time, or a small phased development. The main residence (2, 128 SF, 3 bed/2 bath, cathedral ceilings, kitchen island, stone fireplace) is under a 2-year lease at $1, 950/month starting September 2026, recorded as real property with Williamson County. A second residence is under construction on-site: electrical and mini-split HVAC installed, sheetrock complete upstairs and in the downstairs primary. Expected completion soon. A working ranch and income-producing property with room to grow.