Amazing investment opportunity, 6.296 acres in Lakeway’s Cardinal Hills Estates, within Austin ETJ. The most recent use was as a 7-cabin mini-resort, the Lost Parrot Cabins. 1 mile from Lake Travis and the Colorado River, ½ mile to FM 620, and 7 miles to the intersection with HWY 71. Nestled among towering oaks with a scenic overlook, there is a tropical Latin American theme with art murals and décor. This haven has been a great hideaway for many vacationers through the years but would make an excellent home site for a small residential development.