Exceptional Austin Lake Estates opportunity at an unbeatable price! Situated on an expansive .38-acre lot, the possibilities here are endless. The serene, wooded lot offers tranquil views and a desirable slow-pace lifestyle in a community that feels like year-round vacation. Enjoy peaceful walks along pathways behind the home leading back to the wooded areas. The prime location is a standout, offering walkability to the beloved neighborhood eatery, Patrizi’s, and quick access to Bee Caves Rd. This connects you to major routes like TX-360 and HWY 71, where you'll find two HEB locations, Whole Foods, and the Galleria. The bungalow itself exudes original 1960s charm with its warm hardwood flooring and oversized windows. The open floorplan rests under vaulted ceilings that create a bright and airy design with abundant natural light. A spacious storage shed on property offers added convenience. As a resident in Austin Lake Estates, you'll have membership access to Lake Hills Park, a stunning lakeside park within the community. Enjoy countless amenities including a swimming pool, boat ramp/docks, beach areas, basketball and sand volleyball courts, and picnic areas. This property is your gateway to lakeside living and a vacation lifestyle! Embrace the endless possibilities this spacious property offers and make your lakeside living dreams come true. This property is your own slice of paradise!