Rare listing - R-4 zoning on this large .69 lot with views of the pond. Height 32' from highest point on lot allows for multiple units and opportunity for design elements and view. 5' side yards, 25' front setback, 15' rear setback. Must allow for 2 parking spaces per unit and minimum 1500sf per unit with option of 20% of units at 750sf. Can't cover more than 50% of the lot and parking spaces not allowed in setbacks. Call City Development Office for specifics and subject to Architectural Review. All utilities in street and in the heart of Horseshoe Bay near Resort amenities (with membership) and Quail Point Lodge on Lake LBJ available to all property owners. Don't miss out on this beautiful lot and the adjacent lot (also available) for investors looking to build multi-family housing.