FIRST TIME ON MARKET! Rarely does a ranch come available in Flower Mound and this one even backs up to the the private Corp of Engineers property on Lake Grapevine! This ranch is only a stones throw from the equestrian trailhead and numerous walking and biking trails. Most of the acreage lies within the acclaimed Argyle school district and would be a developers dream or a superb family estate. The property has road frontage on two sides with Lake Grapevine all along the eastern border. The land is free of all oil and gas activities and pipelines. It has no floodplain or deed restrictions. Property is ag exempt so taxes are extremely low. Owners may consider subdividing and mineral rights are negotiable.