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Welcome to 10381 FM 512 Wolfe City, TX, this 46-acre ag-exempt horse and livestock property offers productive pastureland, two ponds, mature pecan trees and oaks, perimeter fencing, cross fencing, and extensive ranch improvements. The 3-bedroom, 3-bath home features an open floor plan, hardwood floors, vaulted ceilings, wood-burning fireplace, eat-in kitchen, dedicated dining area, and a spacious primary suite with direct patio access. Finished two-car garage connects to a mudroom and half bath. A 50x40 insulated weld-up metal shop and barn features 25-foot front and rear overhangs, an enclosed breezeway between the stalls and shop, four overhead doors, two walk-through doors, electric, and plumbing in place for a future apartment or additional living space. Equestrian and livestock amenities include four covered 12x12 Priefert stalls, tack room, animal wash station, holding areas, and fenced pasture. Productive hay pasture yielded 51 bales at the last cutting. Class 3 shingles installed in 2024. An ideal North Texas acreage property for horses, cattle, livestock, ranching, hay production, or country living. Come see it for yourself!