336-acre Waterfall Ranch is a picturesque property located halfway between Hillsboro and Corsicana, just 40 minutes northeast of Waco, and an easy hour and 15 minute drive south of Dallas. This abundant oasis features income-producing pastures, rolling hills, a variety of stately mature trees, and 8+ ponds, making it an ideal habitat for a variety of wildlife and livestock. Waterfall Ranch also boasts a relaxing, spacious, and welcoming 4200 sq ft home overlooking a generously stocked 3-acre lake perfect for fishing and making memories with the ones you love. The home provides plenty of storage, a theater room, safe room or wine cellar, craft room, sun room, and en suites for all bedrooms. Relax and enjoy your morning coffee from the patio that overlooks your private lake. To fish or not to fish, that is the question! The property is cross fenced and complete with a 40ft x 50ft insulated, AC, electrical serviced shop for all your project needs as well as a full-metal construction 50ft x 200ft equipment and hay barn. With RV hookups, an abundance of wildlife including whitetail deer, turkey, ducks, and passing doves, this property is an exceptional opportunity for those seeking a ranch with premier recreational, hunting, and livestock features, as well as potential for expansion of round bail or other pasture production. Only minutes from higher-density development, this land provides a great investment and potential for subdivision with proven comps of $12-14k/acre for 5-7 acre lots. The ranch's prime location, abundant water elements, and ready-to-work improvements make it a wise long-term hold and ideal place to gather with family and friends for endless outdoor adventures away from the city. They say you can't have it all, but Waterfall Ranch proves you can!