Who hasn't wondered about the unique, iconic horseshoe gate as you've traveled south on IH 37 heading towards the coast? Available for the first time since the 1960's, this amazing property has potential for commercial development, a recreational venue/event center, or continued farm/ranch/residential use. Currently ag exempt. Meticulously maintained acreage studded with mature trees including a heritage live oak estimated to be 500 yrs. old. 4 ponds (one with dock) water well, septic. Main house is 4300+ sq. ft. with 3 bedrooms, 3 full baths, with a view of the downtown SA skyline from the 2nd floor sunroom. 1200 sq. ft. metal workshop/storage building plus hay barn and numerous other structures. Lighted tennis courts, a horse racetrack, cattle pens, 1800's replica saloon and jail house, 1950's replica filling station, and a chapel. House was built in 1972 and needs some updating. Buyer to verify all measurements, taxes and other information deemed important. Mineral rights ownership unknown at this time.