Simms Creek Live Water Ranch in Lampasas County offers 102 acres of unrestricted land with over 1,200 feet of spring-fed creek frontage. Just 15 minutes from Lampasas and 90 minutes from Austin, this Hill Country ranch offers privacy, practical improvements, and long-term value. With open pasture, fertile bottomland, a producing pecan grove, and gently sloping topography, it's ideal for cattle, equestrian use, hay production, or agri-tourism. The main residence is a 4,076 square-foot custom home situated on the highest point of the ranch with broad views of Simms Creek and surrounding countryside. It includes 4 bedrooms, 3.5 baths, and a private 1-bedroom, half-bath garage apartment. A 1,340 square-foot original ranch house with 3 bedrooms and 1.5 baths offers space for guests, a caretaker, or rental income. Improvements include an insulated 80'x40' metal barn with two 11'x12' roll-up doors, a 40'x16' lean-to, a 58'x20' 4-bay equipment barn, a 26'x22' livestock shed, and a 119'x82' holding pen with three sections and a chute. The property is cross-fenced for rotational grazing. Water sources include a 25,000-gallon rainwater tank, two private wells, and two septic systems. Simms Creek runs year-round, supporting livestock, wildlife, and recreation. Wildlife includes whitetail deer, turkey, dove, and waterfowl. With a mix of open fields and wooded areas, the property offers excellent hunting and fishing. Access is secured through a motorized gate on a quiet county road. The ranch is ag-exempt, with low holding costs. This is a rare opportunity to acquire a legacy ranch with live water, infrastructure, and location. Buyer to independently verify all room measurements. The property consists of five separate tracts. A new survey has been ordered.