544 County Road 207, Ovalo, TX 79541

544.98 Acres | Graham Lake Area | Jim Ned CISD | Taylor County, Texas Rare opportunity to purchase 544.98 acres located at the intersection of County Road 207 and County Road 205 in southern Taylor County, directly across the road from Graham Lake and within the highly sought-after Jim Ned Consolidated Independent School District. Properties of this size with development potential, water infrastructure, and unrestricted use opportunities are becoming increasingly difficult to find. A brand-new rural water line has recently been installed and is capable of supplying up to 45 water meters, providing a significant advantage for future development plans. The property is located outside the city limits and outside any ETJ, allowing maximum flexibility for future use. The tract is currently under agricultural exemption, helping keep property taxes low while the land continues to be utilized for livestock production. The ranch is perimeter fenced and cross-fenced for cattle operations and features five stock tanks strategically located throughout the property, providing dependable water sources for livestock and wildlife. Electricity supplied by Taylor Electric Cooperative runs along County Road 207, making future improvements more convenient and cost-effective. The current owner has explored several potential subdivision concepts and preliminary plats, demonstrating the property's versatility for rural residential development, ranchettes, investment purposes, or continued agricultural use. Unlike many development tracts, buyers are not restricted to a predetermined layout and may divide the property in whatever manner best suits their objectives, subject to applicable county regulations. With its combination of water availability, road frontage, grazing capability, development flexibility, proximity to Graham Lake, and location within Jim Ned CISD, this property offers a unique opportunity for developers, investors, ranchers, and families seeking a large landholding in one of Taylor County's most desirable rural areas.