I have a unique listing that will likely require an investor with imagination and expertise. The opinion of a professional appraisal on the property in 2007 suggested that the highest and best use would be for a single-family residential development. The city will require an approved site plan for this property to continue to operate commercially. This is an amazing investment opportunity, 6.296 acres in Lakeway’s Cardinal Hills Estates, within Austin ETJ. 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 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. Other features include a pool area w/deck, hot tub, 2 covered patios, beautiful rock wall on Storm Dr., trail to bottom of hill 2 rock stairways, electric car charging station and private entrances to each cabin. https://us-east.prospects.com/prospects/m.do?tk=dc52868a2ca61b315706691055c3b3ed

Posted by Bryan Lawhorn at 2024-04-15 14:41:38 UTC