486 Highway 71 E Shipp Lake Ranch is steeped in history, having been owned by the same family since the early 1900s. With improved pastures, Shipp Lake Ranch has been a working cattle ranch for many years, the beautiful 100-acre oxbow lake creates a haven for diverse waterfowl that changes with the seasons as they migrate north and south. This lake spans the length of the 420-acre property, there are incredible water views from every corner. Just 48 miles from downtown Austin, it's an ideal weekend retreat with the potential for future commercial recreational development as Bastrop continues to grow. There are two small houses on the property and one was renovated in 2018.