One of only 22 developed homesites backing Apache Lake under $1M with direct lake & canyon frontage. Only 7 Apache Lake -backing homes sold in the last decade, opportunities like this are exceptionally scarce. Priced 183k under appraised value. Tree House contemporary Architecture perched above the Hill Country canyon view designed with floor to ceiling windows, spa like primary features & multi-level indoor/outdoor entertainment space both screened & opensky. Located within Lake Travis ISD & in one of the last remaining communities with direct Lake Austin access, Apache Shores offers a private boat ramp, lakeside park & picnic area, pool, tennis, and waterfront day-use spaces—a rare lake lifestyle that is becoming harder & harder to find. Priced below comparable market value for water-backing properties, this home represents a compelling opportunity for the buyer who knows that the best investments are the irreplaceable ones.