Rare dream opportunity to live on Lake LBJ on this unique waterfront property. This property has it's own boat slip located ate 313 Watkins in Kingland, TX. The lot is .31- acre and is priced primarily at land value, with current tax records reflecting approximately $630,000. for the land alone. The existing two-story home features 2 bedrooms, 1 bath and is approximately 1, 152 sq.ft. The construction is incomplete and offers the options to finish out or remove it and build new. Surrounded by lakefront homes largely valued at $1.2 M+, this property presents exceptional upside potential. Features include a solid retaining wall at the waterfront installed approximately five years ago. Ideal for investors, builders, or buyers looking to create a custom lakefront retreat at a below-tax-value price. A Buyer's Dream come true.