The land features a mix of flat areas and sloping terrain, adding character to the site. The live Gregg Bluff Creek enhances the natural beauty and appeal. The property is divided into five 5-acre parcels, allowing flexibility for individual development or combining parcels for larger projects. Access from both Reed Park Rd and Gregg Bluff Rd provides development flexibility. There is an existing water well and septic system on-site. A 12” Jonestown water line runs along FM 1431, providing convenient access for future utility needs. R-1 Single Family Residential zoning allows for 1-acre lots, custom home lots, making this site perfect for developers or individuals looking to create a private, luxury estate or an investment property for AirBNB. A custom-built luxury home is already on the property, featuring: 5 bedrooms, 5 bathrooms 2 Spacious Living Areas an a game room for entertaining or family fun. This property is ideal for those seeking privacy, investment opportunities, or a blend of both. This site combines tranquil lake views and natural surroundings with excellent accessibility.