20740 Colorado DR, Spicewood, TX, 78669

This nicely treed, 0.6 acre lot close to the magnificent Lake Travis (Colorado River) is perfect for building that dream home! 20740 Colorado Dr E is less than 900 ft from the river as the crow flies, depending on lake levels! This large, virtually untouched lot slopes gently from Colorado Dr E down toward the river, providing many opportunities for spectacular panoramic lake views. The very back of the lot is in the 100-yr flood zone, but there is plenty of land available for building at the front of the lot! Lakewood Estates is one of Spicewood’s more established lakefront communities, so you’ll find wooded homesites, a quiet neighborhood, and lots of character. The very reasonably priced voluntary HOA allows residents to join for access to the neighborhood boat ramp, park, playground, pavilions and picnic areas. The community lake access allows all residents to have easy access to the Colorado River for fishing and swimming. Don't miss the drive down to the park while touring the area! When the river is low, there are two other boat access points within 3 miles. Lakewood Estates has plenty of access to restaurants, hospitals, shopping and other services in nearby Lakeway & Bee Cave. The adjacent village of Briarcliff, TX is home to the beautiful Briarcliff Marina and Willie Nelson's Pedernales Cut-N-Putt Golf Course. Downtown Austin is only 45 minutes away. If you're looking for quiet lake living, but still want access to city attractions, dining and amenities, this is the perfect location!