"Rare Lake Travis area lot with redevelopment potential". Charming Lake Travis bungalow with endless possibility in the heart of Jonestown. Nestled on a spacious .30-acre lot surrouded by newer custom homes, this 1950s cottage offers a rare blend of character, flexibility and future potential. Inside, you'll find an open living, dining, and kitchen layout filled with natural light, plus 2 bedrooms, 1 bath, and multiple flex spaces perfect for a home office, workout room, reading nook, hobby area, or additional living space. Washer, dryer, refrigerator convey for added convenience. Step outside to enjoy the screened back porch, fully fenced backyard, detached workshop, storage areas and covered parking..ideal for lake toys, projects, gardening or weekend entertaining. Whether you're looking for a cozy primary residence, weekend treat near Lake Travis, investment opportunity or future build site, this property offers options. Potential for renovation, expansion, or possible redevelopment into one or two homes. Located just minutes from Lake Travis Jonestown Park featuring boat ramps, playgrounds, picnic areas, sports courts, and waterfront recreation. Easy access to Cedar Park, Leander and North Austin tech corridor while still enjoying the relaxed lake-area lifestyle. No HOA. City water and septic in place.