STR Opportunity ~ Currently $1500/night, 3 night minimum, sleeps 16 adults and consistently rented. Furniture negotiable. Spectacular Lakefront Oasis on Lake Travis! Situated on 2.23 acres along the Hurst Creek Arm in the well-established Buffalo Gap community. Consisting of three lots, this sale offers a rare opportunity for possible development. Gorgeous tree-filled property with a full lakefront sports court, shady front and backyards, several outdoor living spaces, majestic landscaping, and a cascading waterfall. Positioned right on the water, this home comes with a private dock, 400 feet of frontage, and stairs to the water at all lake levels. Frontage is on the no wake, deep water cove, with a depth of 65' during an average lake level of 681'. The existing home consists of the 2BD/2.5BA main house and a separate 1BD/1BA guest house. There is also a gated back entry with extensive parking, a two-car garage with two glass garage door bays, plus a workshop with two additional glass door bays overlooking the lake. The home features soaring vaulted & beamed ceilings, striking stone fireplaces in the living room and primary suite, sophisticated built-ins, plentiful storage, and a timeless gourmet kitchen with SS appliances. Incredible oversized primary suite with an ensuite bath, walk-in closets, and an attached lake-view office. Downstairs you will find a guest room, a large full bath, a wet room area, a storage room, and the workshop. The 1BD/1BA guest house comes with its own sweeping lake views and is close enough to the main house to be involved but separate enough to give guests a break when needed. Perfect for multi-generational living! This incredible lakefront estate showcases outdoor living at its finest with a deck that runs almost the length of the home overlooking the lake. Featuring lush grounds a pond, a grand lawn, towering mature shade trees. Excellent Lake Travis ISD Schools. Low Tax Rate (1.77). Convenient to both Austin and Lakeway.