An unrivaled opportunity awaits on the picturesque, limestone shores of Lake Travis. Nestled along this stunning landscape, this legacy property offers a sanctuary of exclusivity and privacy featuring an impressive 300+ feet of prime, deep waterfront across 3.35 sprawling acres. This estate offers the perfect balance of serene natural beauty and metropolitan convenience. Benefit from a coveted location just moments from the charming community of Lakeway, known for its world-class golf courses, marinas, and lakeside dining. Beyond local amenities, the location offers convenient access to the Austin Tech Corridor and a swift 25-minute drive to Downtown Austin, ensuring you are never far from the city's dynamic energy. This is only the third time in 80 years that this historic compound has been available, giving it a unique place in Austin's history. The existing structures—a meticulously restored 1941 limestone cabin and a second historic home from the late 1800s—have been fully modernized while retaining their original historic charm. These structures, along with a newly designed guest cottage by Shiflet Group Architects, form an incredible family compound. Premier Waterfront Access & Financial Advantage: Immediate access to the deep waters of Lake Travis is ensured by a recently built boathouse with a 28-foot boat slip and lift. While the existing structures include a 3-car garage/barn, the expansive acreage easily accommodates parking for up to 10 vehicles—ideal for hosting large gatherings. Financially, the property offers a distinct advantage with an incredibly low property tax rate of 1.658%. This offering presents the unparalleled freedom to custom-build your dream estate. Architectural plans from two of the most renowned firms, award-winning Lake Flato Architects and Shiflet Group Architects, will convey with the sale. This is your rare chance to acquire a private, waterfront retreat with exceptional financial and locational benefits.