$400,000

This outstanding 0.22 acre (9,425 sq. ft.) +/- property is likely the best currently valued (allowing for the most appreciation potential) of any property with 60' of private WATERFRONT access to the highly desirable constant level Lake LBJ between Kingsland and Marble Falls in Burnet County. It is conveniently within 60 miles of Austin's "big city" attractions. Although the property is not particularly secluded, it has a relative "open feel" given the native pasture land across the adjoining County road remains undeveloped. This beautiful fully deeded property (i.e., without any un-insurable "fill area" adjoining the water) with its majestic oak trees is in the peaceful, neighborly Twin Isles Subdivision. The subdivision is currently undergoing some rejuvenation and transformation from primary mobile homes to modern single family home construction at its own leisurely pace. The POA is proactively working to keep its waterways clear of aquatic weeds. and maintains a friendly neighborhood watch program. The property is also in the Marble Falls ISD. The property is being sold "as is" by the Seller. as it disconnected the electric service some 15 years ago. At that time, the well, sewage system, and boat lift were all working fine. With a little work, the existing cider block boathouse with its electric boat lift, concrete driveway, and re-connections of the available electric, sewer, and submersible domestic water well, the property could be easily used as a perfect RV weekend lake getaway to enjoy while you take your time to design and build you dream home and / or new boathouse. Unlike other more expensive Lake LBJ waterfront properties, this property is relatively level and mostly above the 100 year flood plane allowing for desirable ground floor construction. In the 2018 flood, water did not get up to the mobile home that was on the property at the times as can be seen by the mud line still on the inside walls of the boathouse.