650 County Road 468 Eight Point Ranch presents a rare opportunity to acquire a substantial Central Texas ranch with exceptional improvements, private recreational amenities, and compelling future development potential just east of Austin. Historically encompassing approximately 142 acres of rolling countryside in Williamson County, the property features mature hardwoods, scenic views, a private 9-acre lake, and extensive ranch improvements. The centerpiece is a remarkable three-story stone residence, originally a University of Texas fraternity house that was relocated and reconstructed on the ranch. Its distinctive architecture, wraparound porches, and peaceful surroundings create a setting unlike most ranch properties in Central Texas. A separate approximately 6, 000-square-foot lodge offers nine bedrooms, nine bathrooms, a full kitchen, spacious dining and gathering areas, and knotty pine interiors. Additional improvements historically include a conference and event facility, barns, game handling facilities, ranch-hand accommodations, and extensive fencing. Previously operated as an exotic game ranch, the property offers opportunities for private recreation, hunting, entertaining, and ranch ownership. Beyond its existing improvements, Eight Point Ranch has historically been marketed with preliminary subdivision approval for approximately 100-104 residential homesites, generally one acre or larger. Buyers should independently verify the current status of all approvals, utilities, and development rights. Conveniently located near Elgin with access to Highway 290 and the greater Austin metropolitan area, Eight Point Ranch combines acreage, water features, established improvements, and long-term investment potential. Whether envisioned as a private ranch, recreational retreat, or future residential development, Eight Point Ranch offers a distinctive opportunity in Central Texas.