Exceptional 28-acre Hill Country retreat with panoramic views and unmatched privacy. Two properties combined and priced $250K below tax appraisal-a rare value opportunity in Rio Hondo Ranch, Tarpley, TX. Property features dramatic ridgelines, its own private valley, and no restrictions, offering maximum flexibility for development or personal family Ranch. Utilities in place: electricity and septic on site; water well needs to be redrilled. Improvements include a mobile home with an addition and a 5-year-old oversized deck overlooking the views. Two large metal buildings provide excellent storage or workshop options-one includes a fully equipped mother-in-law suite with kitchen and full bath. Improvements need considerable work, or simply scrape land to start fresh. HUGE INVESTOR Potential!