Rare opportunity in Buchanan Dam! This versatile 3.22-acre property offers unrestricted use and is zoned for both residential and commercial purposes, making it ideal for a live/work setup, home-based business, investment property, or multi-generational living. The impressive 4,500 sq. ft. barndominium (60' x 75') features abundant space that includes a workshop perfect for hobbies, storage, equipment, or business operations, and 600 sq. ft. apartment includes 1 bedroom, 1 bathroom, and a full kitchen, providing accommodations, rental potential, or employee housing. Also included on this property is a detached 1-bedroom, 1-bath pool house overlooking the private inground pool, complete with an outdoor shower for ultimate convenience and relaxation. Mature trees and beautiful Hill Country views create a peaceful setting while offering plenty of room to expand. Conveniently located near area lakes, local wineries, and Inks Lake State Park, this unique property combines privacy, flexibility, and recreational access. With no restrictions and endless possibilities, this is a rare find in the Texas Hill Country.