Rare multi-use 98-acre ranch and event property located on State Park Road just minutes from Lockhart and 30 minutes from Austin. The property features a massive covered pavilion approximately 257' x 237' that was originally built for bull riding and rodeo events, along with an attached 100' x 100' insulated building with plumbing that is ideal for concessions, offices, or event space. Improvements include two homes, a 40' x 50' storage building, five electric meters, one water meter, and three septic systems. The ranch is fully fenced and cross fenced with horse pasture, cattle areas, stock tanks, mature trees, ATV trails, hunting areas, and scenic views. A second entrance allows for event access, trailers, equipment, or the ability to separate business and residential use. This property offers potential for a rodeo arena, event venue, wedding venue, concert venue, corporate retreat, livestock operation, or private ranch, all in a prime location near Lockhart and within commuting distance to Austin.