This historic 274.08 acre ranch is on of Henderson County's finest residential/recreational properties. Established in the 1850's as a commercial farm by William Caldwell, the property served as a training ground for Texas soldiers during the Civil War. The property has since been developed into a private paradise - suitable for grand scale entertaining - but casually comfortable, and with the quiet elegance of a by-gone era. The main lodge has 5 bedrooms, 5.5 baths and 4 fireplaces and offers expansive/panoramic views of the property from almost every room. A solid architecturally distinct structure, its design is a reinterpretation of the old "dog-trot" style once popular in southern culture and features two screened breezeways (or dog-trots) each with a wood-burning fireplace. The focal point of the property is its 12-acre lake which is known for superior fishing, and features a pier, boathouse and cabana with kitchen, bath and pavilion. There are four other spring-fed ponds located on the property. Approximately 60 acres is in hay production, In addition, the property has native pecan and peach trees and approximately five acres of planted live oaks. The farm has a blend of improved land and natural beauty with a spring-fed marsh, and wildlife area. Additional features include a 4-bedroom, 4-bath manger/guest house and two additional dwellings, a 6,000 square foot shop and additional outbuildings, four miles of concrete roads, one mile of pipe fencing, two professional greenhouses and two deep water wells. Located an approximate one hour drive from Dallas, this magnificent offering is conveniently located, yet private, and would make an outstanding personal residence or vacation paradise.