An exceptional Lake Austin waterfront opportunity offering rare entitlements and outstanding development potential. This close-in waterfront lot features approximately 100 feet of shoreline, with 70 feet of usable waterfront, and conveys long-standing entitlements dating back to 1915. The property presents a unique chance to build a legacy estate with breathtaking Lake Austin views in one of Austin’s most desirable waterfront corridors. Buyers may take advantage of existing, permit-ready plans or pursue a fully custom design tailored to their vision, all within a setting that offers both privacy and proximity to the city’s premier amenities. A truly rare offering where history, scale, and location converge to create an unparalleled waterfront homesite on Lake Austin. Potential Owner Financing with Below-Market Interest Rates.