Set within the exclusive Preservation Ranch community, Lot 2 offers 21+/- acres of beautiful Hill Country landscape, exceptional privacy, & expansive views from one of the highest elevations in Travis County. Recent land clearing has opened up the property & revealed its natural beauty, with multiple potential build sites positioned to take advantage of the surrounding hills & valleys. A rendering offers a glimpse of the possibilities for one of the property's beautiful potential build sites. Imagine building your dream home here, overlooking the canyon w/ panoramic Hill Country views & your own private equestrian facilities just steps away. At the heart of the property is a sprawling 13,000+ square-foot barn that captures the character & charm of a classic working ranch, w/ thoughtfully designed spaces for horses, equipment, & everyday ranch life. The barn features 10 horse stalls, each w/ outdoor runs, a feed room w/ ample grain storage, & a spacious tack & saddle room. Additional improvements include a 5-bay maintenance garage w/ a hydraulic vehicle lift, an air-conditioned machine shop w/ two garage bays, & a break room w/ a kitchen & full bath. Above the stable area, the Ranch Manager's apartment offers two bedrooms & one bath. Spanning approximately 930 acres of rolling terrain, Preservation Ranch is a private, gated community centered around nature, privacy, & land conservation. Residents enjoy miles of secluded hiking & riding trails, private creeks & streams, & access to the adjacent 2,400-acre conservation park. Located within Lake Travis ISD, Lot 2 offers the opportunity to create a private Hill Country estate w/ exceptional equestrian amenities, beautiful views, & the space to build a home that feels truly connected to its surroundings. Just 15 minutes from the Hill Country Galleria & approximately 30 minutes from downtown Austin, the property offers privacy & convenience within one of the Hill Country's most sought-after communities.