Set on 48.854 acres in Milam County, this distinctive Buckholts property offers a rare combination of privacy, water, multiple residences, and versatile improvements. An approximately 2-acre private lake creates a peaceful centerpiece for the property, with views from both residences. Both homes were built in 2021 and are move-in ready. The main residence offers 4 bedrooms, 2 full baths, stained concrete flooring, a wood-burning fireplace, granite countertops, abundant cabinetry, and a covered screened porch overlooking the lake. The second residence provides two bedroom suites, each with a private bath, additional living space, a wood-burning fireplace, and a large screened back patio overlooking the property with views toward the lake. Improvements include a 1,566-square-foot barn shop with electricity, improved and native pasture, a fenced garden with raised beds, gated entrance, septic, electric utilities, and water service through Bell-Milam-Falls WSC. The property offers convenient access to Temple and Waco while maintaining a private rural setting. With nearly 49 acres, two residences, pasture, water, and existing improvements, the property is well suited for a country residence, multigenerational living, recreational retreat, guest accommodations, or other flexible uses. Buyers and buyers’ agents should independently verify all measurements, utilities, uses, restrictions, water-related information, improvements, and permitted uses.