Opportunities like this are becoming increasingly rare! Nestled beneath a canopy of magnificent mature pecan and oak trees, this 3-bedroom, 2-bath native rock home offers approximately 820 feet of coveted South Llano River frontage in one of the area's most desirable locations. Just a short walk-less than two blocks-from the city park, South Llano River dam, public swimming pool, and boat ramp, this property is perfectly positioned to enjoy fishing, kayaking, swimming, and all the recreation the river has to offer. Whether you're searching for a private riverside homestead, a weekend getaway, or an investment with outstanding commercial potential, this property offers exceptional possibilities. With generous river frontage and a highly visible, convenient location, the opportunities are extensive. The existing improvements, including a well in addition to city utilities, provide immediate use, while future construction or redevelopment will be required to comply with current floodplain regulations, allowing the next owner to create a property tailored to their vision.