Waterfront property located in "Old Lakeway." Adjoining lot (1121 Challenger) listed separately (MLS# 5876168) Amazing opportunity to own both! Deep water cove (still has plenty of water ), perched on a peaceful cove offering phenomenal lake views. Private dock and tram with 2 boat slips and large deck, makes for a perfect day on the lake (Boat lifts are negotiable). By boat you're right next to Lakeway Marina, to gas-up and grab the essentials for a day on the water. Challenger is centrally located super easy access to great shopping clubs, dinning, & world class golf. Zoned for Lake Travis award-winning schools, easy access to the Hill Country Galleria, & downtown Austin's famed dining and music scene. *LOWER TAX RATE 1.9 *No HOA dues