Rare income-producing ranch on 98± acres minutes from downtown Sulphur Springs. Rolling hills, pastures, mature trees, and hay meadows surround historic Camp’s Lake, a 10-acre lake stocked with bass and crappie and fed by 13 natural springs. The property features 13 residential units, including three newer duplexes, a remodeled four-unit apartment building, a lakeside rental home, and a 4,500 SF waterfront main residence with a pool, expansive deck, and stunning lake views. A fourth duplex is under construction, with utilities available for additional development. A 72' x 52' shop and barn offers additional apartments in various stages of completion. Equestrian improvements include a four-stall barn, round pen, hot walker, pipe-fenced paddocks, and loafing sheds. Located outside city limits, just minutes from shopping, dining, and medical facilities. Sellers welcome conventional financing, seller financing, or joint venture opportunities. Financials available to qualified buyers.