MAJOR PRICE REDUCTION and MOTIVATED SELLERS! Discover a truly one-of-a-kind property offering the perfect blend of comfortable country living and outstanding income potential. With three separate living spaces, this versatile property is ideal for multi-generational living, guest accommodations, or generating rental income. NO HOA, MUD, or PID provide added freedom and lower ownership costs. The 2,517 SF main home features 3 bedrooms, 2 bathrooms, two spacious living areas, a dining room, flex space, a cozy fireplace, and a beautifully renovated chef's kitchen complete with a wine and coffee bar. Step outside to an expansive covered patio with a full outdoor kitchen, creating the perfect space for entertaining family and friends. The 1,540 SF guest home is approximately 2 years old and a fully independent residence with 2 bedrooms each with en-suite bathrooms, a full kitchen, spacious living area, covered deck, finished garage with workspace, covered parking, separate electric meter, all-electric service, and own gated entry and driveway. Above the detached garage, the 1,280 SF apartment offers a kitchenette, full bath, storage, closets, and a flexible floor plan that's perfect for guests, extended family, a home office, or additional rental income. Approximately 2 years old and has its own electric meter. Luxury vinyl plank and tile flooring run throughout all living spaces. The property also includes a circular driveway, abundant parking, and covered boat and RV parking with water and electric hookups. Located just minutes from Lake Ray Roberts, this unique property offers endless possibilities. Whether you're dreaming of creating a successful Airbnb, hosting weekend retreats, operating a boutique event venue, or simply enjoying an incredible family compound, there's plenty of room for your vision to become reality, all subject to local regulations and permitting. Properties offering this combination of residential flexibility and investment opportunity are rare.