Commercial or Residential! This is your chance to own a barndominium with NO HOA, LOW TAX RATE, and NO zoning or deed restrictions. Property sits on 4.997 acres at the corner of FM 487 & CR 239, 1.8 miles west of Jarrell High, 3 miles from I35, 3 miles from Ronald Reagan, 6 miles from Florence Vineyards. Home was once the Red Rooster Bar & Grill but is currently used as a residence: 3200 sq ft, 5 bedrooms, 3 bath, 2 living areas, porcelain wood look tile floors, enormous kitchen & pantry, and more. The front 2000 sq ft of the home has 3 beds, 2 baths, kitchen, living and dining areas. The back 1200 sq ft can be closed off fully and offers a NextGen opportunity: living room, 2 bedrooms, full bath, and formerly had a kitchen where the craft room currently is. The east side of the building has a covered 20’x40’ patio and an additional uncovered patio with basketball goal. The well equipment is mostly contained in the metal pump house & stores water in a 2500+ gallon above ground cistern, also located inside the pump house. Garage has 1 door with opener but could easily have a 2nd door installed; the other half of the garage is currently used as a workshop. 2 carport spaces are attached to the front of the garage/workshop. Pole barn with enclosed tack room was used for donkeys, horses, goats, cattle, and chickens in the past. There is a huge steel greenhouse structure (frame only) that is secured to the ground with concrete; potential commercial greenhouse opportunity. Well booster is 1 year old; Septic is commercial sized 1250 gallons. Main building has a staircase that leads to a walk in attic that is about ? decked. HVAC in main house is 2015; HVAC in back 1200 sq ft of house is 2024; whole house water filtration Kinetico unit. Solar powered steel gate; fully fenced perimeter. Outside the ETJ and outside city limits. City of Georgetown Water line is .8 miles from property. Currently leased until July 31, 2026, but the tenant is open to moving out earlier.