Introducing Rocking B Ranch—an exceptional 525 acre legacy property located in the heart of Central Texas. This rare offering features 2.5 miles of spring-fed San Marcos River frontage and a 230 acre-feet adjudicated annual water permit, making it one of the most water-secure investment properties currently on the market. Strategically positioned within 45 minutes of both Austin and San Antonio, this unrestricted, ag-exempt ranch presents a compelling opportunity for commercial, recreational, or high-end residential development. Gently rolling terrain, improved pastures, mature oaks, and abundant surface and subsurface water provide a stunning backdrop for luxury equestrian facilities, resort or event development, a riverfront subdivision, or a long-term investment hold. Additional features include: Gated access and interior ranch roads Multiple elevated build sites with panoramic views Strong well potential and rich soils Fenced and cross-fenced pastures Wildlife exemption potential Direct access off a paved county road This property combines natural beauty with rare water rights, location, and scale—making it one of the most attractive large-acreage opportunities in the region. Showings by appointment only with listing broker.