This remarkable 15-acre property in Jonestown offers a rare combination of lake views, premium location, and versatile development potential. Situated just off FM 1431, the site is only 4 miles from the prestigious Travisso Master-Planned Community, providing a unique balance of serene countryside and proximity to urban conveniences. 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 three 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.