The Peninsula Of Lake Austin. Nestled along the scenic shores of Lake Austin this residence offers an incredible opportunity for a multi-use space. With one of the very few homes with a boat garage, this property represents endless possibilities for the water sport enthusiast. This property hasn't become available in over 20 years. Please bring your ideas, this unique residence is a blank slate for your imagination. Come experience everything Lake Austin has to offer, and enjoy all of the amenities while being 10 minutes from Downtown.