Amazing 171 acres of premium waterfront acreage on Lake Travis with over 1/4 mile of stunning deep-water frontage with cove. Less than 15 minutes from Lago Vista, 25 minutes from Cedar Park, 45 minutes from Austin city limits, and within walking distance to the renowned Flat Creek Winery and Vineyard. This rare waterfront property has arguably the best topography and views anywhere on the entire lake. Deep water frontage provides constant lake access, even during a drought. Scenic ridges and dramatic canyons are scattered throughout the land, allowing for private and expansive views of the lake and surrounding hill country. No restrictions (per title company) and current AG exemption in place - total 2019 taxes were less than $300! Recent improvements include: strategic clearing of cedar trees, paved dramatic entrance with gate slides and irrigation, 2 interior ponds/tanks with fountain, dam and waterfall, improved interior roads, multiple new access roads, manicured common areas, lookout decks, underground three phase electricity, transformer boxes tactfully placed for future homes, 2 gushing water wells, large deer and wildlife populations, and more! While the owners currently use the property as a working/recreational ranch, these improvements have laid the foundation for a variety of other uses i.e. subdivision, luxury lakefront construction, hotel, bed and breakfast, marina, exotic/wild game ranch, winery, or equestrian facility. Minutes from LCRAs Lake Travis Gloster Bend Park (508 acres), Balcones Canyonlands Wildlife Refuge (27,500 acres) and Hidden Falls Adventure park (2100 acres). Owner financing available for qualified buyers. Property can be subdivided. See agent for details. Showings only by appointment with listing agent.