5.02 acre level property backing up to a 1,000 acre ranch for much back yard privacy. The cedars and brush need some clearing to expose the Beautiful Oak Trees. This large property has plenty of room for a second home, horses, corrals, a detached garage, workshop, barn, or all of them! Located in Mystic Shores on the Northwest side of Canyon Lake with a minimum size home of only 2,000 square feet. City water AND wells are allowed for irrigation. NO TIME LIMIT TO BUILD. FABULOUS HOMEOWNER'S WATERFRONT PARK WITH A HUGE POOL, CLUB HOUSE, PAVILION FOR PARTIES, TENNIS COURTS, PLAYGROUND AND A 140-ACRE NATURE PRESERVE. A secondary Homeowner's pool is not far from this property!