Just outside Lockhart, 1 hour down I-35 into San Antonio and 30 minutes from Austin-Bergstrom you'll find this ag exempt, fully fenced 23.3 acre homestead property. Outbuildings include barn, poultry coop, peacock enclosure, and insulated shed. There are fenced yards and cross-fenced pastures. The land features mature pecan trees, young oaks, coastal pastures, and pond stocked with bass. Ag well services yards, pastures, and pond. Homey 3-bed/2-bath homestead offers warm custom wood tones throughout the kitchen, dining area, and den; plus an expansive main living room, oversized screened-in porch, and large covered patio, showing off beautiful country views and providing plenty of space to entertain and relax. Helping the property pay for itself are 6 income-producing rentals. All homes have recent updates and are meticulously maintained. There's no other property in the area of this size with so many features already set up. It's a wonderful opportunity to invest in a legacy property that you can enjoy for many years to come, with the ability to generate income from the first day you own it. Call to request the full feature list and schedule a time to see it!