Are you looking for the opportunity to develop a private gated community on Lake LBJ in the heart of the Highland Lakes?
The Estates on the River is a development property on the Colorado River arm of Lake LBJ in Burnet County, Texas. A gated, paved entrance and main road meanders through the platted lots, which range from one to five acres, to 400 feet of constant level Colorado River frontage. Lake LBJ is one of the most popular boating and fishing destinations in Central Texas, and this constant level and pristine waterfront can be accessible from all the available lots, as permitting allows for a boat house, boat ramp, and/or pier. Of the original 41 lots, 37 are still owned by the original developer, and only 3 sold lots are built out. The original vision of this development to be an affordable development community with stellar waterfront attraction is well within reach!
Estates on the River is located just south of the intersection of FM 2342 and Park Road 4, about 10 miles southwest of Burnet, in Burnet County, Texas, and only 66 miles northwest of downtown Austin, and 100 miles north of San Antonio.
Single-phase electricity runs the length of paved Lone Oak Drive from the electric gate on Park Road 4. Culverts and riprap have been installed over drainage areas across Lone Oak Road. Other improvements exist on lots which have sold in the last ten years, but there are no permanent structures on the unsold lots or adjacent, unplatted acreage.
Of the original 83-acre tract, 77.78 acres remain, including 16.09 acres of unplatted acreage made up of fence lines, roads, and usable acreage outside of platted lots.
Heading west along Lone Oak Road towards Lake LBJ, expect 10+ mile Hill Country views to the north and west. Closer to the water, the views tighten up and the beauty of the nearby hills to the west and farther away to the east gives way to the constant levels, landscaping, and tasteful development around the lake frontage.
The land is made up of granite soils supporting a live oak savannah dotted with cedar elm, hackberry, and post oak, with limited underbrush including whitebrush, agarita, mesquite, and Ashe juniper.
The typical mix of Edwards Plateau wildlife frequent the property, including white-tailed deer, small mammals, raptors, and a variety of migratory and resident songbirds.
Access to Lake LBJ creates unparalleled fishing opportunities from the bank, and possible boat access on the property. There is also boat access within 5 miles in Kingsland for the main body of Lake LBJ, Lake Marble Falls, Inks Lake, and Lake Buchanan.
Property taxes are kept manageable with a 1-d-1 Open Space Agricultural Valuation.
Estates on the River is in the heart of the Highland Lakes just down the road from Legends Golf Course, a Par 72 championship course, award-winning Perissos Vineyard and Winery, and Inks Lake State Park. Longhorn Caverns State Park is just two minutes up Park Road 4 from the main gate. Resort-style lodging, lake access, restaurants, and the beautiful Texas Hill Country back roads are just minutes away.
Burnet Municipal Airport (KBMQ) is a short 12.5 miles away, and features a 5,000 lighted runway.
70 miles to Austin-Bergstrom International Airport