3120 River Oaks Drive presents a rare opportunity to acquire a furnished waterfront asset on the open waters of Lake LBJ in Kingsland, Texas. Situated on approximately one acre with 140 feet of waterfront frontage, the property offers a combination of lifestyle appeal and income-producing potential. The offering includes a primary residence with six bedrooms and six full bathrooms, along with separate guest quarters that accommodate larger groups, extended family stays, or short-term rental guests. Designed for indoor-outdoor living, the residence features an open-concept layout that connects directly to a covered patio overlooking a negative-edge pool and expansive lake views. Outdoor amenities include a built-in Coyote grill, sink, refrigerator, mature landscaping, and multiple gathering areas oriented toward the water. A double boat dock with an upper-level patio and an additional dock provide direct lake access and space for boating and recreation. The property has been operated as a short-term rental and reportedly generated approximately $129,000 in gross rental revenue during 2025, offering investors an established hospitality component alongside its recreational appeal. Additional features include a metal roof, Hardi-panel exterior, sprinkler system, two-car carport, and the benefit of no HOA restrictions. Offered furnished with acceptable terms, the property provides a turnkey ownership opportunity in one of the Highland Lakes region's most recognized waterfront destinations.