This area is absolutely beautiful. There are a few tent camping spots at the bottom right before you cross the bridge. As you continue up the road past the bridge, there are 3 spots you can bring a small trailer to and a couple more tent spots. DO NOT bring your trailer past the 3rd spot up the road after the bridge. And do not drive up that section to the 3rd if it is already taken (scout ahead here, trust me). You won't be able to turn around and the road gets worse with no where to turn around and no spots. There are more places for tent camping the further up you go though but the road is not good so all-wheel or 4WD with clearance is needed. I pretty much only saw trucks and outbacks and 4runners making it up there.
Other than that, it's next to the water, the trees are good and healthy, near lots of hiking trails, (angels of shavano TH takes you up the most beautiful section of Colorado trail (': it was a butt kicker though), not great service but I had enough to send a text whenever I needed to. I spent 4 nights here and will 100000% be back. Loved it so much.
Great spot off the highway. I think this specific area has like 10 or so designated spots. Looks to be pretty popular. I got the last one open, on a Monday. (There's a ton of other dispersed spots along the road, I initially had in the coordinates for the Palisade dispersed camping but all other areas were too mudy post rainstorm). My spot was closest to the road so it was kind of noisy but that doesn't really bug me much. The birds were chirping away and the sound of the creek made up for it. It gets really muddy so keep that in mind the closer you get to the water/ if it has recently rained all of the pull outs are a little sketchy. I helped push a girl out who was stuck near the water, and some other folks helped pull out a truck. Everyone around was super friendly (: there's vault toilets available for all to use as well as porta potties at a couple of the sites. I'd definitely come back, the lake is low but it is beautiful.