LAKEFRONT - 5 ACRES, PRIVATE, BEAUTIFUL !!! Agriculture exemption means $5 taxes per year ! This 5-acre residential lot has direct Colorado River access about 10 miles north of Lake Travis. Chimney Cove Estates is a gated development featuring large lots, beautiful new homes, and an agricultural valuation for low property taxes – all less than 20 minutes to Marble Falls, 40 minutes to Cedar Park-Leander, and an hour to Austin. This subdivision is a well-maintained live oak savannah dotted with several varieties of oaks, scattered juniper, native grasses, and wildflowers. The land slopes softly from Chimney Cove Drive to the second bank of the Colorado River. There are no improvements on the lot. The community has gated entry, paved roads, and electrical. Well and septic required. There is a neighborhood boat ramp, day dock, and park which is shared by all POA members and families. Marble Falls is a fast growing community with good schools, healthcare and locally owned restaurants. Don't miss out on the opportunity to build your lakefront dream house in this amazing community !