Welcome to your own slice of upscale country living in Mclendon Chisholm! This 5 acre property on FM 550 has been occupied by the original owner for over 40 years. They have seen the area into multi-million dollar estates, as this is the new Preston Hollow of the East! Currently on the property is a 3 bedroom 2.5 bath ranch house with a large metal shop and a large livestock barn. Shop has electricity and water, and also has a full guest apartment with a small kitchen that includes a washer & dryer. The 5 acre property layout is perfect for utilizing all 5 acres, turning it into an amazing luxury estate, or just enjoying the open space for farm and ranch life. No HOA's, agricultural exemptions allowed on the property, perfect to make your dreams come true!