Both highway frontage and Lake Travis deep water frontage. Waterfront extends from Cow Creek to the Tessera development along one of the deepest parts of Lake Travis. South 358 acre portion located directly across from Pace Bend Park. Northern 1900 acres is surrounded by the Balcones Canyonlands National Wildlife Refuge and abuts Rusty Allen Airport on the southeast. Ripe for development of a resort community or for homes plus commercial frontage.Owner will subdivide. Owner financing available.