Nestled on nearly one acre along a private cove on Lake LBJ, this rare waterfront opportunity offers 45+ feet of shoreline near the coveted Colorado Arm. Gently sloping to the water, the property features a private dock with an electric boat lift, majestic mature trees, striking native rock outcroppings, and a fully irrigated yard that creates an exceptional lakeside setting. Positioned at the top of the property near the road sits a 3-bedroom, 2-bath double-wide manufactured home offering potential for renovation or a fresh start for your dream waterfront build. Offered as-is, this property is ideal for investors, builders, or buyers looking to create a legacy property surrounded by multi-million dollar homes. With no HOA or POA and short-term rentals allowed, the possibilities are wide open-whether for personal enjoyment, redevelopment, or income-producing potential. Connected to Kingsland Water Supply and KMUD sewer, this is a rare chance to secure a prime piece of Lake LBJ waterfront in an increasingly sought-after location.