**$50K price reduction** Complete lake house transformation located right on the water of Lake LBJ. This gorgeous home sits on a huge 0.51 acre lot with one of the best views of the lake. It's the perfect place to enjoy many years of fun lake memories whether that be through retirement or short-term rentals. Remodel improvements include: kitchen, bathrooms, flooring, light fixtures, counters, appliances, windows, deck, landscaping, sprinkler system and casita. This property consists of 75 feet of open water on the beautiful and steady-state Colorado Arm of Lake LBJ. An added feature is the parking for your RV and/or large boat. Along with the RV parking, you can also park up to 3 additional cars in your own private covered parking. The lot is so expansive that there's potential to build another short-term rental/2nd lake house. Your private boat dock will fit all your water toys, however, there is also a community boat ramp. This property is set up perfectly for short-term rentals. No HOA! This prime location is minutes from everything you could want: WakePoint, HEB, Boat Town, Lazy Heron Coffee House, Legends Golf Course and approx. 60 miles from Austin and San Antonio. This property will take your breath away!