*This listing is for one 11.5 acre lot. There is an adjacent lot available separately for $850k.* One of the most rare live-water opportunities in the renowned Texas Hill Country - large Llano River frontage lot with over 400' of river frontage. Ideally located just 28 miles N of Fredericksburg, 20 miles W of Llano, and 1 hr 45 minutes from Austin. Unlike anything else available, this property has constant river flow year round, world-class fly fishing and recreation, and spectacular views. High bank frontage allows home-site close to the water with incredible views, yet an easy walkable slope to the water. The property features a sandy bank and flat rocks that extend into the river, breathtaking sunsets, towering oak and pecan trees, and plenty of flat cleared land ready for a house close to the river. Electric gate & paved private road shared by a limited number of large acre lots. Light HOA restrictions to ensure both freedom and preserve value. Land improvements include a 2,000 gallon portable water tank, RV rock pad, 30V hook up, and 250 gallon waste water tank. Wonderful opportunity to own one of the premier river-front properties Texas.