This versatile property offers many possibilities - use as commercial, residential or a rare live/work combination. Improvements include a home with 4 bedrooms, 2-1/2 baths as well a spacious kitchen/dining room, living room, and office. In additional to the residence, there are three separate buildings: a workshop/2 car garage, another detached building used as a lab-type space and a third storage structure. This property offers two access points - one on Beacon closer to the workshop and lab and another on La Hacienda Drive in front of the residence. It's conveniently located just over 1 mile from Ranch Rd 620, the major arterial through the Lake Travis area for access to Hwy 183/points north, FM 2222/points east, and SH 71 to the south. Situated in the Hudson Bend community in the coveted Lake Travis area, this location offers easy access to outdoor activities and water fun, as well shopping, dining, a major hospital and other amenities. The property is perimeter fenced with a privacy fencing (newer along frontage) and two 21' security chainlink slide gates controlled by Liftmaster operators. Additionally, there is room to park a 40 ft. RV! No zoning; property is located in the 2 mile Austin ETJ. Seller may consider owner financing for qualified buyers with a minimum of one-third down. Contact agent for more information.