A unique re-development opportunity in the ETJ with little to no restrictions, located close to both lakes and in the award-winning Lake Travis ISD. Enjoy a very private lifestyle on this .253 acre corner lot with adjacent .187 acre lot also available for purchase (See MLS #1938106). Ideal location for redevelopment or renovation in Highland Club Village. Eclectic street with million-dollar homes, lake bungalows and short-term rentals. Potential for lake views. Existing home has been well-maintained by original owner since 1975 andnfeatures 2 beds/2 baths, 5 garages and 2 storage sheds with room for boat storage. Low tax rate too! Nearby boat access and Mansfield Dam Park. Nestled the hill country but just minutes from Lake Austin, Lake Travis, Lakeway, Bee Caves, Four Points and the new commercial condondevelopment off 620 called XSpace https://xspacegroup.com. Listing agent has familial relationship to seller.