In January 2025, Texas Parks and Wildlife Department (TPWD) announced that it acquired 2,020 acres of land in Burnet County and wanted to purchase 1,100 more crossing into Lampasas County for a new state park. Four months later, on April 21, it announced it has achieved that secondary purchase.

The 1,100 acres are located across from the existing Colorado Bend State Park, on the other side of the river — about 145 miles, or a two and a half minute-drive from San Antonio. Within the land are a mile and a half of Yancey Creek (which is about four miles long and empties into the Colorado River), limestone bluffs, and "several natural springs," according to a press release announcing the sale.

Before the second purchase had been made, the state park was only a proposition. Now, TPWD and specifically chairman Jeff Hildebrand of the Texas Parks and Wildlife Commission are referring to the 3,000-acre state park as a reality.

Funds for the second purchase came from a one-time funding appropriation as well as sporting goods sales taxes. Development of the state park will come from a different source: a $1 billion, voter-approved Centennial Parks Conservation Fund. The fund was created in 2023 and has also led to purchases doubling the size of Enchanted Rock Natural State Area near Fredericksburg.

“I’d like to thank our incredible team for their hard work in not only acquiring these properties, but also the recent additions at Enchanted Rock and the purchase of Lake Colorado City State Park,” said TPWD executive director David Yoskowitz in the release. “The voters of Texas also deserve a huge thank you for saying ‘yes’ to the Centennial Parks Conservation Fund, which will make the development of this park possible.”

TPWD has been gathering input from the public about what types of recreational opportunities they'd like to see. According to the release, the next step is using the input to develop a plan. Considerations also include habitat protection and conservation of the natural springs in the area. The land is also 10 miles upstream from Lake Buchanan, further informing the possibilities.

"This acquisition will give visitors access to the Colorado River, a beautiful creek and the diverse landscapes that are featured across the property," said Rodney Franklin, director of Texas State Parks. "We look forward to generations of Texans enjoying the scenic views of the unique post oak woodland and outdoor adventures awaiting on this property."