Looking for land near the water with almost no restrictions and out of the flood zone? Looking to build on property with gorgeous views and no cliff? Want to escape city life to your oasis? This 0.18+ acre property is just a few hundred yards from the water! You can access the water both by foot and vehicle on the easily navigable slope from the road. Fishing, swimming, floating, boating, and jet skiing adventures are yours for the taking! The lot is outside of any flood plain - level and very build-able. There is an incomplete build that you can finish or scrap it and start over with your own vision. Development is governed by the county - not a city - which simplifies development significantly. You mainly need an approved septic plan. The seller is also open to a joint venture to complete the development. This is also a perfect opportunity for a FHA 203(k) loan which allows part of the loan to go toward repairs. This Lake Life can be all yours in Leander, your own personal escape or your new full-time lifestyle of both tranquility and adventure!