129 Lone Oak Dr lot: 3 Lake LBJ Waterfront Homesite for Sale | 1.52 Acres in Gated Estates on the River This rare 1.52-acre buildable homesite in Estates on the River, a gated luxury subdivision on the Colorado Arm of Lake LBJ, offers level, development-ready land with stunning Hill Country views. Perfect for your custom Hill Country home with room for pool, guest house, or workshop. Community Highlights: Private boat ramp and pier with direct open-water access Ideal for boating, fishing, and water recreation Near Inks Lake State Park and The Hangar at Log Country Cove Minutes from Burnet and Kingsland dining and shopping Why This Lake LBJ Property: Level, build-ready on prestigious Colorado Arm Panoramic views of Park Road 4 and hills Gated community with private waterfront access Owner financing available for qualified buyers Rare combination of acreage, privacy, and water access. Bring your builder and vision to Lake LBJ.