4931 Fm 1781 Experience the ultimate Texas Coastal lifestyle with this exceptional waterfront property situated on a sprawling half-acre lot overlooking beautiful Copano Bay. Offering breathtaking water views from the primary suite and main living areas, this fully furnished three-bedroom, two-bath home is ready to enjoy immediately as a primary residence, vacation retreat, or income-producing investment. Designed for comfortable coastal living, the open-concept floor plan features custom wood cabinetry, a handcrafted wood eat-in bar, two dining areas, and durable tile and hard-surface flooring throughout most of the home. The spacious primary suite offers stunning bay views and a relaxing Jacuzzi tub for unwinding after a day on the water. Step outside to an extended covered patio where you'll enjoy spectacular sunsets, cool bay breezes, and some of the best fishing Texas has to offer. The property is protected by a concrete bulkhead and boasts a wide-open backyard with endless possibilities for a pool, outdoor kitchen, entertaining space, or your own custom waterfront oasis. Adding tremendous value and flexibility, the property includes a separate Coastal Cottage complete with its own covered patio and dedicated parking, creating excellent short-term rental or guest accommodations. Additional features include a metal roof, storage shed, two-car garage, two-car carport, gutters, RV parking with electrical hookups, and abundant space for boats, trailers, and guests. With short-term rentals permitted, multiple income opportunities, and a highly motivated seller, this rare Copano Bay waterfront property offers the perfect combination of coastal charm, investment potential, and unforgettable views.