Beautiful 10 acre, AG exempt lot, located in the gated community of the Ranches of Lost Mountain in Burnet, Texas. The development is surrounded by large ranches located on Park Road 4 and has 29 total tracts. The property is located west of Austin. Nearby Inks Lake, Lake LBJ, Buchanan Lake, Longhorn Cavern State Park and Perissos vineyards are all within a 10 minute drive and the shopping centers in Kingsland, Marble Falls and Burnet are just about 20 minutes away. Nearby shopping and entertainment include a Lowes, Home Depot, Walmart, HEB Supermarket, and Horseshoe Bay Resort. A new medical complex has been constructed in Marble Falls which includes a modern Scott and White hospital. Marble Falls area is home to golf courses that include a Robert Trent Jones Sr and Jack Nicklaus design golf course and many beautiful lakes. Come and enjoy the beautiful Texas Hill Country.