Approximately .8 acres. Remodeled/rebuilt house. Area primed for growth. SeeWater, water, water at a bargain price. Bring your kayak, horse and mountain bike to a location which is less than 30 minutes to Austin Hwy 35 (About the same distance to Lakeway from downtown except traffic and roads are better!). Rarely do these houses come up for sale. Beautifully remodeled/rebuilt 3/2 approximately 1,500 sq. ft. house (not including large Garage, porches and decks) on the Colorado River by the Hyatt Lost Pines resort and McKinney Roughs. The lot is approximately .80 Acres. The house has new wooden floors, stained concrete and slate tile. Valted ceilings with plenty of light. Huge deck out the back of the house overlooking the beautiful Colorado. There is a large stand alone garage. The compound colors are mossy green, chocolate and white. A giant rock firepit outback (partially seen in picture below) Very peaceful country living with plenty of outdoor activities while being less than 30 minutes to Hwy 35. THIS AREA IS PRIMED FOR GROWTH ! Lots of investing and development in the area. - The tract across the river sold which can be seen at http://www.riverlandranch.com As you can see the Colorado River is amazing in the area. - Located almost next to the new Hyatt Lost Pines resort which has two golf courses, a man made river, spa and plenty of amenities. http://lostpines.hyatt.com/hyatt/hotels/ - A super high-end development is going in across the river which will be a movie and sound studios project along with an upscale shopping and condo which can be seen at http://www.villamuse.com. - The LCRA is currently constructing a log house and boat ramp 3 lots down to drop in kayakers from McKinney Roughs and the Hyatt. Across the street is the Happy Horse Hotel (http://www.holliswayne.com) which provides horseback riding through beautiful McKinney Roughs. A new high school is going to be built on Hwy 71. Hwy 130 just open up at Hwy 71 and the Texas Trans corridor is being discussed for the area. Due to flood plain issues, the Colorado has limited housing sites. It has been GPS in and is above the FEMA floodplain requirements. House below $200k may be FHA financed with as little as 2.5% down. The taxes are approximately $3,000 per year. The address to mapquest is: 190 River Front Drive, Cedar Creek, TX, 78612. For comparables, go to www.realtor.com or www.austinhomesearch.com and do an advanced search for riverfront and waterfront properties around Austin. You will see what a bargain this is. And this is a primary residence market being on approx 7 miles to the airport and less than 30 minutes to Hwy 35.