**OPPORTUNITY** NOW is a great time to buy. While the lake is low, pricing reflects an incredible opportunity! When the rains bring Lake Travis to a more optimal level, the private boat dock anchored at the shoreline of this 1.35 acre property is perfectly positioned for safe boating, swimming, fishing & kayaking. 701 Turkey Tree Rd is in a gated, UNRESTRICTED community located between mile markers 41 & 42 on the south shore of Lake Travis, in the less costly tax district of Burnet County. A spacious open floor plan is perfect for casual lakeside living & entertaining. The fully equipped kitchen with bar seating & center island overlooks a large great room/dining area. The primary suite with well appointed bath, opens to the covered back porch. Attached to the main house is a separate office with half bath AND a mother-in-law suite/apartment. The apartment can be used for guests, extended family or as a separate lease option. Both the office & the mother-in-law apartment have their own entrances from the back porch. Also on-site is a small AC'd cabin (not included in the overall square footage) which has been used for kids/grandkids as a bunk room over the years. A 107' covered back porch is the perfect vantage point for viewing beautiful sunrises & wonderful lake views while overlooking a pretty back yard where you will find a large deck positioned under stately shade trees, alongside a water garden with waterfall. There are two lots encompassing the acreage-the 'upper' lot where all improvements are located, has a gated entry & is fully fenced with back gate access to the 'lower' lot which leads to the shoreline & private boat dock with boat slip + jet ski lifts. Known to be one of the best wells in the area, even during droughts, there has not been an issue with ample water; the septic system is located on the lower lot thus if desired, a pool could be added off the back porch., Association Fee Includes: See Remarks, Interior Features: Bookcases, Built-in Features, Double Vanity, Entrance Foyer, Granite Counters, In-Law Floorplan, Multiple Living Areas, Multiple Dining Areas, No Interior Steps, Recessed Lighting, Soaking Tub, Instant Hot Water, Main Level Bedrooms: 4, Ownership Type: Fee Simple, View: Hills, Lake, Panoramic, Water Body Name: Lake Travis, Tax Rate: 1.55, Kitchen Features: See Remarks, Office Features: See Remarks, PrimaryBathroom Features: Separate Shower