Trophy property in prime location with potential for Lake LBJ views is ready for re-development. No zoning, current county land use is Commercial. Water frontage on Mill Creek with Lake LBJ access, 10 deeded boat slips, and private boat launch. 547’ of frontage on FM 1431 with traffic counts over 11,000 vehicles daily. There are 6 metal buildings on the property ranging from 900 to 4500 sf, numerous canopies, and a boat lift. Lot is fully fenced and gated. Consider condos with a new channel cut for under-unit boat docks, or multi-family with common marina/boat docks. Ideal location and size for redevelopment into residential with Lake LBJ access. Lake LBJ is a constant-level reservoir above Wirtz Dam on the Colorado River and part of the Highland Lakes chain. President Lyndon Johnson and family enjoyed their home on the lake during and after his time in the White House. Today, the shoreline surrounding Lake LBJ is highly developed, with miles of lakeshore homes and boat houses.