Nestled just beyond the city limits of Kerrville, this sprawling 138 acre ranch is a unique blend of historic charm and modern luxury. The property boasts a newly constructed, state of the art luxury steel frame home that exudes contemporary elegance and functionality. There is a large outdoor entertainment area, with a double negative edge pool, overlooking a lake. Perfectly complementing this modern residence are two additional homes steeped in history. One is a large, character filled home expanded from an original historic rock cabin, brimming with potential for a remarkable restoration. The second is an older home with endless opportunities to be transformed back to its former glory. A truly captivating feature of this ranch is the spring fed Third Creek, which winds gracefully through the property. This year round water source not only adds to the serene beauty of the land but also serves as a natural division, creating two expansive grass pastures ideal for grazing livestock and horses. With its fertile soil and abundant water supply, the ranch is well suited for agricultural pursuits, equestrian enthusiasts, or would make a great residential development or an outstanding winery due to its close proximity to the Fredericksburg wine trail! Whether youre seeking a luxurious retreat, a working ranch, or a project to restore historic homes, this property offers the perfect canvas. Its location just minutes from Kerrville ensures easy access to modern conveniences, while the vast open spaces provide a peaceful escape into Hill Country living.