Nestled in the scenic Thousand Oaks subdivision, this unique five-acre property offers a rare opportunity for the right buyer. Featuring a beautiful sloping and terraced landscape with a seasonal wet-weather creek, this land presents both charm and potential. While the property is designated within a flood zone, there appears to be an elevated area on the front right-hand corner that could serve as a homesite. Buyers are encouraged to conduct a site elevation survey to determine flood levels and may need to move dirt or consider building on piers to create their ideal living space. Located in the heart of Cedar Creek, it offers easy access to outdoor activities such as golfing at Wolfdancer, exploring McKinney Roughs Nature Park, and visiting the Dinosaur Park and Capital of Texas Zoo. Conveniently situated just 22 min from Bastrop, 36 min from downtown Austin, and near key destinations like the ABIA,Circuit of the Americas, Tesla Gigafactory, and Starlink.