Enjoy open-water living on the Colorado Arm of Lake LBJ with this charming lakefront opportunity offering endless potential. The property features a wood dock with boat lift plus a concrete fishing pier--perfect for days on the water and evenings casting a line. The existing 2-bedroom, 2-bath home offers a warm, inviting footprint, highlighted by a spacious sunroom addition that captures sweeping lake views. The lakeside covered patio sets the stage for unforgettable sunsets. Connected by a large carport, you'll find a dedicated laundry room and a small office with half bath. A separate efficiency guest house with full kitchen and bath provides ideal accommodation for visitors or rental income. Across the street, an additional lot includes the septic field and a substantial metal building suited for a workshop, RV, or boat storage, along with an extra storage structure. Surrounded by upgraded homes in a private lakeside community, this property invites you to remodel, expand, or enjoy as-is. Conveniently located near Inks Lake State Park, Longhorn Cavern State Park, and local wineries, this is an ideal setting for a peaceful weekend escape or full-time residence. Short-term rentals are permitted, and the waterfront portion is commercially zoned--opening the door to a variety of additional uses and investment opportunities.