This exceptional 200-acre ranch property in Bertram, TX, offers a rare combination of ag exemption, no restrictions, and prime location near the Williamson County line-positioning it for future development potential with the nearby Williamson County I-2 Corridor project. Currently utilized for both hunting and a cow/calf operation, the ranch features approximately 2,200 feet of paved county road frontage. Surface water includes a spring-fed stock pond (per seller), a larger secondary pond, and a wet weather creek that enhances both the beauty and utility of the land. Property has no floodplain. The property is fully perimeter-fenced and cross-fenced into four separate pastures, with fencing in fair to good condition. Rich black soil supports thick stands of native grasses, and the landscape is dotted with cedar and oaks, including two impressive oak motts. There are also remnants of an old coastal field, hinting at the property's agricultural history. Electricity is available via PEC power lines running near the old ranch home site and along the road frontage. A water well is present and believed to still be operational. The existing ranch house holds no contributory value. Whether you're looking for a working ranch, recreational retreat, or investment with future potential, this Bertram property is an outstanding opportunity. Buyer shall verify usage, zoning, exemptions, restrictions, utilities, etc.