Welcome to Shangri-La on the Colorado Arm of Lake LBJ! This is an outstanding offering with a 1277 sq ft 3/2 one owner home with 76 waterfront footage, concrete and steel boathouse with roof top deck with incredible open water views and stunning sunsets! Deep, cold , inviting waters offer great fishing & boating. Plenty of room for add on and a pool in backyard! Over a quarter acre across the street, off water , with a 450 sq ft 1 car garage and attached 425 sq ft bedroom with full bath! Septic drain field is also located on the off water lot. Come check out this unique offering in an outstanding location on Lake LBJ before it's gone! Shangri-La has restrictions against nightly rentals, they are not allowed. HOA provides a boat ramp for the property owners.