Incredible opportunity in the Hill Country near Austin, Texas. Gorgeous 1.5+acre lot to build on with your own builder, or buy & hold as a solid investment in the waterfront community of Lost Cove. Good topography and high enough to capture long range hill country views. Owner enjoys a gated, waterfront park on Lake Travis within walking distance with a boat ramp. On a cul-de-sac in a quiet neighborhood. Great Marble Falls schools including award winning Spicewood Elementary, grades K-5. Low tax rate. Water well in place (shared community well). 1 hour to DT Austin & the Austin airport. 20 minutes to the Hill Country Galleria.