* Never previously on-the-market
* 850 feet of Main Body Lake Austin Water frontage with a 26 boat slip Marina, 2 day docks, a boat ramp and three existing apartment buildings, all on two legal lots totaling approximately 3.2 acres to the gradient edge of the Lower Colorado, on 1.65 acres exposed ground
* Private cove with a peninsula into Lake Austin. Spectacular park-like setting with gigantic cypress trees, a beach and private swimming area
* Rare re-development opportunities. Luxury residential condominium units built in 1990's on the street sell for $2.2M - $2.7M
* Marina can be a separate condominium regime with a value $450,000 per slip; or, can be retained for income (See attached market analysis and neighborhood market demographics)
* Current improvements are "tear down" - Value in the ability to replace existing improvements. All alternative uses/improvement to current structures are subject to City Of Austin zoning and permitting. Current "LA" zoning
By roadways:
* Prime Lake Austin Waterfront location on prestigious Westlake Drive within Loop 360
* Eanes Independent School District - Exemplary Schools K-HS
* 6.6 miles to the center of the Central Business District (15 minutes.)
* 2.32 miles to Capital of Texas Hwy
By water:
* .22 miles to only available Gas/Fuel sales on Lake Austin
* .71 miles to Oyster Landing, Cafe Mozart, Hula Hut, Abel's On The Lake
* .57 miles to Westwood Country Club
* 3.07 miles to Austin Country Club
