9488 Fm 937 A rare Central Texas property where home, horses, business, and recreation come together seamlessly. Situated on approximately 9.8 deeded acres with approximately 12 acres fenced, this 3-bedroom, 2-bath property offers an established equestrian setup, commercial potential, direct FM 937 frontage, a stocked fishing pond, and country privacy all within minutes of Lake Limestone. Built with horse owners in mind, the property features an impressive 15-stall main barn with water, electric, and enclosed motorized fans, a separate 4-stall barn, concrete wash rack, 8-horse freestyle walker offering additional potential with some TLC, and an outdoor arena with quality riding dirt. Mature trees provide afternoon shade for the arena, creating a setting well suited for riding year round. A statement brick fireplace, abundant natural light, original glass doorknobs, and original hardwood floors in the living and dining rooms preserve its charm, while new LVP flooring extends throughout the remainder of the home. A spacious covered porch overlooks the surrounding countryside. Much of the hard work has already been done. Improvements include a foundation overhaul, new exterior siding and paint, new electrical panel and fixtures, approximately 300 feet of new fencing, a brand new AC system installed in 2022, and numerous additional updates throughout, too many to list. The home is ready to enjoy today while giving its next owner the freedom to personalize it over time if they choose. What truly sets this property apart is its versatility. Commercial potential, paved road frontage, and minutes from Lake Limestone amenities create opportunities beyond a traditional home, while the pond, usable acreage, extensive equestrian facilities, and centralized between Waco, College Station, DFW, Austin and Houston further broaden its appeal. All tucked within Leon ISD. This isn't simply a home on acreage...it's a property designed to live, ride, work, and grow.