1238 Reata Dr Endless possibilities await on this 3-acre unrestricted property in the rapidly growing Mustang Ridge area of Southeast Austin. Located within the ETJ with no HOA and no deed restrictions, this property offers the rare flexibility to build your dream home, operate a business, bring livestock, or place a manufactured/mobile home, all on one versatile tract. Ideally situated just 1/2 mile from the SH 45 Toll, SH 130 Toll, and US-183 South corridor, you'll enjoy convenient access to Austin, Buda, Bastrop, San Marcos, Tesla, Austin-Bergstrom International Airport, and Circuit of the Americas, all within approximately 20 minutes. The mostly flat, tree-filled property measures approximately 301' x 435' and is fenced on three sides with a combination of chain-link, barbed wire, and no-climb fencing. Existing utilities include Creedmoor-Maha Water Supply, Bluebonnet Electric, and an existing septic system. The property includes an approximately 768 sq ft home along with several additional outbuildings that are being sold as-is, making this an outstanding opportunity for redevelopment or a custom build. Whether you're looking for a homestead, business location, investment property, or a blank canvas to create your vision, opportunities like this are becoming increasingly difficult to find this close to Austin. Buyer to independently verify all information, including zoning, ETJ regulations, permitted uses, utilities, schools, taxes and development potential.