A truly rare opportunity to own one of the largest waterfront properties on Lake Travis--pristine Texas Hill Country with over half a mile of private shoreline, including a secluded cove. When combined with Ranch Lot 5 (MLS 9836850), this offering becomes 111 acres of an unmatched legacy ranch for the discerning buyer. Tucked inside the private gated enclave of Dos Rios, this expansive ranch is positioned directly across from Pace Bend Park, offering panoramic, uninterrupted views of the lake—free from homes, docks, or noise. The property features multiple build sites framed by towering oaks, perfect for a luxury estate, multi-generational retreat, or exclusive getaway. 87 Acres (or combined 111 acres with Lot 5) of Scenic Hill Country Terrain. Over 0.5 Miles of Lake Travis Frontage. Private Cove with Incredible Waterfront Access. Wildlife Exemption for Significantly Lower Property Taxes. Abundant Native Wildlife Including Free-Roaming Whitetail Deer. Private Gated Access in the Exclusive Dos Rios Community. Directly Across from Pace Bend Park – Serene & Undisturbed Views. Easily Accessible Via Paved Roads West of Lago Vista. Whether you're seeking a private lakeside haven or a long-term investment in Central Texas real estate, this property delivers extraordinary scale, privacy, and potential.