Captivating 41+/- acre waterfront property nestled in under 10 minutes from Dripping Springs. The property includes a 3 acre Milsap spring fed lake loaded with Florida hybrid bass, catfish, sterile grass carp, and perch. The lake is surrounded by beautiful heritage oak trees. The property has a build spot that would overlook the whole lake. It gives you the convenience of being close to town, but has an unbelievable sense of privacy. As you pull into the property you have a great sense of arrival with a beautiful dry stack rock wall that aligns with the road leading you to the lake. The property has a 2000sqft workshop/barn with blown in insulation. As well as a 4 bedroom and 2 bath manufactured home. The property has full utilities and power, and is perimeter fenced. It also carries an Ag exemption which makes the taxes $4,500. The property has no restrictions and is out of the ETJ. Whether you're a family looking to build your next waterfront home, or a developer looking for an open canvas near Dripping Springs this property could be an ideal fit.