Lake Travis Deep-Water Estate with Guest Units & Dock

An extraordinary opportunity to own or redevelop a premier deep-water cove property on Lake Travis, just minutes from Austin. Situated on an expansive 2.75-acre lot, this rare offering boasts an impressive 635 feet of deep-water frontage, providing exceptional privacy and breathtaking panoramic lake views. Tucked away in a serene and secluded setting, the property offers endless possibilities. Whether you envision building a luxury lakefront estate, a private waterfront compound, or redeveloping the property into a modern retreat, the scale and shoreline make it truly one-of-a-kind on Lake Travis. The property is currently operating as a successful short-term rental, featuring a main residence that is 4856 square feet plus two additional living units that provide flexible options for guest accommodations, rental income, or multi-generational living. Waterfront amenities make this property especially rare, including a private beach, boat ramp, boathouse, two boat slips, and a lakeside deck overlooking the cove—perfect for enjoying quiet mornings, sunset views, and effortless access to the water. Designed for gathering and entertaining, the property comfortably accommodates large groups and has proven highly desirable as a successful short-term rental. In addition to the main home, the property includes a guest cottage and a separate apartment, providing flexible space for extended family, guests, caretakers, or additional rental income — a rare and valuable feature for a waterfront property. A private dock with two boat slips allows for effortless lake access, while multiple outdoor gathering spaces and fire pit areas create an ideal setting for sunset evenings and lakeside entertaining. Whether you’re seeking a private waterfront escape, a family compound, or a high-performing investment, this property delivers flexibility, income potential, and unmistakable Austin personality.