Situated on one of the most sought-after streets in Highland Village and sitting on over 1 acre, this heavily treed property offers privacy, versatility, and lake lifestyle living just moments from Lake Lewisville. Backing directly to protected U.S. Army Corps of Engineers land, the home enjoys uninterrupted wooded views and lasting seclusion. Expansive rear windows flood the vaulted living spaces with natural light, while dramatic brick feature walls, rich wood flooring, and a statement fireplace create a warm, lodge-inspired atmosphere. The open living and dining areas are designed for both everyday comfort and entertaining. A private well system supports the landscaped yard, and the fenced backyard and side yard provide additional functionality. Exceptional storage and parking options include a 1-car garage, 36 x 26 (936 SF) metal carport ideal for boat or RV storage, 16 x 17 (272 SF) detached storage building, and a 36 x 17 (612 SF) additional paved parking area. A standout feature is the separate 560 SF apartment or MIL suite built just two years ago. Complete with 1 bedroom, 1 bath, living area, kitchen, dining space, and dual split AC systems, it is currently tenant-occupied at $1,650 per month, offering immediate income potential or flexible multigenerational living. Located within walking distance to the lake, scenic trails, and city parks, this property combines acreage, privacy, character, and income opportunity in one exceptional offering.