Rare opportunity to own an amazing 5+/- acre, Lot 1, AG EXEMPT, loaded with mature oaks in the gated community of Fredrickson Ranch on Lake Georgetown Section 2, Georgetown, TX. This is a small, offshoot community of Fredrickson Ranch, near Lake Georgetown. Minutes to Cedar Breaks Park. Each property comes with stone columns, gate at the driveway and a new three rail metal fence across front of property. Currently the property is ag exempt and property owners can choose to participate in an existing ag exemption via a grazing lease. The back boundary is fenced and adjacent to Corp of Engineers land and Lake Georgetown, which can possibly offer your own personal access to the lake via the Good Water Trail Loop system, a trail that extends around Lake Georgetown. Property owners utilize a private concrete drive to access their property. PEC power and Georgetown Water is available. Septic required. Design and build your own home with your own architect and builder. No timeline to build. In Georgetown ISD. Not in the city limits, in the ETJ. This community is still under construction.