Outstanding unrestricted development potential. 140+ acres located at the intersection of FM 1431 and Cimarron Ranch Road, west of Faith Academy. Just outside the Marble Falls City Limits, partly in the ETJ, with over ¾ mile of Highway 1431 frontage and nearly a mile of Cimarron Ranch Road frontage. The property has it all, beautiful hardwoods large and small, spring fed tanks and a huge lake that is still holding water today. City water is run to the property and is available for further distribution. A rare opportunity for commercial and/or residential development. Owner financing is negotiable. This is the first time this ranch has been listed for sale.