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Both highway frontage and Lake Travis deep water frontage. Waterfront extends from Cow Creek to the Tessera development along one of the deepest parts of Lake Travis. South 358 acre portion of property is located directly across from Pace Bend Park. Northern 1900 acres is surrounded by the Balcones Canyonlands National Wildlife Refuge. Southeastern portion of that property abuts Rusty Allen Airport.(This property is in both the Lago Vista and the Marble Falls School Districts. See Agent.)