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1001 Lakeshore Loop

Tow, TX 78672
  • $1,500,000
  • STATUS: Active
  • ID#: 2938344
UPDATED: 126 min ago
$1,500,000
  • 3
    BEDS
  • 1.92
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 11,975
    SQFT
  • $125
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1958
County:
Area:
Tow

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Jennifer Haines of Keller Williams Realty Lone St: (512) 868-1771.

Description

BOM - Buyer had change of heart. Ready to invest in your future and escape the hustle and bustle or big city living? The lakefront sunrises and sunsets at Paradise Point will enchant your senses like never before. This 1.97+/- acre waterfront property boasts over 733 feet of shoreline on Lake Buchanan with unmatched views. Live in the caretaker's home and generate income from the 2 cabins, 2 duplexes, 5-unit motel and apartment; there's even a caf! Currently used as a fishing camp, the resort is quietly nestled at the end of the street and then expands to include the entire point on the lake. Water frontage ranges from tall rock ledges to a sandy beach, tree-lined to deep water. The Point provides serene panoramic views of the lake and surrounding hills. There's a lighted, covered fishing dock for you and your guests to catch their dinner and a minnow shed to house bait. The voluntary HOA allows access to the community boat launch, picnic area and swimming beach. Each unit varies on accommodations. Paradise Point Resort has operated as a family-run destination for over 50 years and has hosted multiple generations of repeating annual guests. Fishing, swimming, boating, lodging and camping are just some of the activities you'll enjoy. Local fishing guides frequent this area and tout the Point as one of the best kept secrets for reeling in crappie, bass, striper and catfish. Serve your guests breakfast at the caf with the sunrise, then send them out for a day's fishing adventure with a sack lunch, then welcome them back in the evening for a nice dinner. Short-term rentals, multi-family compound, resort, AirBNB are all possibilities here. Whether you choose to continue running the fishing resort or develop it into your own dream property, you'll find your own little piece of paradise here!

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© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-18T00:01:10.077.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-07-18T00:01:10.077 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.austintexasresidence.com/homes/141390734
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1001 Lakeshore Loop Tow, TX 78672

  • Price: $1,500,000
  • Status: Active
  • On Site: Days
  • Updated: 126 min ago
  • ID#: 2938344
3
Beds
2
Baths
0
½ Baths
1.92
Acres
11,975
SQFT
$125
$/SQFT
1958
Built
Neighborhood:
Paradise Point
County:
Llano
Area:
Tow
Elementary School:
Burnet
Middle School:
Burnet (Burnet ISD)
High School:
Burnet
School District:
Burnet ISD
Property Description
BOM - Buyer had change of heart. Ready to invest in your future and escape the hustle and bustle or big city living? The lakefront sunrises and sunsets at Paradise Point will enchant your senses like never before. This 1.97+/- acre waterfront property boasts over 733 feet of shoreline on Lake Buchanan with unmatched views. Live in the caretaker's home and generate income from the 2 cabins, 2 duplexes, 5-unit motel and apartment; there's even a caf! Currently used as a fishing camp, the resort is quietly nestled at the end of the street and then expands to include the entire point on the lake. Water frontage ranges from tall rock ledges to a sandy beach, tree-lined to deep water. The Point provides serene panoramic views of the lake and surrounding hills. There's a lighted, covered fishing dock for you and your guests to catch their dinner and a minnow shed to house bait. The voluntary HOA allows access to the community boat launch, picnic area and swimming beach. Each unit varies on accommodations. Paradise Point Resort has operated as a family-run destination for over 50 years and has hosted multiple generations of repeating annual guests. Fishing, swimming, boating, lodging and camping are just some of the activities you'll enjoy. Local fishing guides frequent this area and tout the Point as one of the best kept secrets for reeling in crappie, bass, striper and catfish. Serve your guests breakfast at the caf with the sunrise, then send them out for a day's fishing adventure with a sack lunch, then welcome them back in the evening for a nice dinner. Short-term rentals, multi-family compound, resort, AirBNB are all possibilities here. Whether you choose to continue running the fishing resort or develop it into your own dream property, you'll find your own little piece of paradise here!
Exterior Features

Attached Garage YN No Covered Spaces 0 Direction Faces West Exterior Features See Remarks Fencing None Foundation Details Pillar/Post/PierSlab Garage YN No Levels Multi/Split Lot Features Open LotTrees-Large (Over 40 Ft)Views Other Structures See Remarks Parking Features BoatCarportCircular DrivewayDirect AccessParking LotUnpaved Patio And Porch Features Porch Roof Aluminum View LakePanoramicWater Water Body Name Lake Buchanan Waterfront Features Waterfront Waterfront YN Yes

Interior Features

Appliances Free-Standing Electric OvenRefrigerator Cooling ElectricWall/Window Unit(s) Fireplace Features None Fireplaces Total 0 Flooring Carpet Heating ElectricVaries by Unit Interior Features Eat-in KitchenNo Interior Steps Laundry Location See Remarks Main Level Bedrooms 3 Num Dining 1 Num Living 1 Num Other Level Beds 0 Rooms Bathroom (Main Level Full Bath) Kitchen (Main Level Eat In Kitchen) Bedroom (Main Level None) Window Features Window Coverings

Property Features

Accessibility Features None Additional Parcels YN Yes Association Fee 60 Association Fee Frequency Annually Association Fee Includes Common Area Maintenance Association YN Yes Community Features Common GroundsLakePicnic AreaSee Remarks Estimated Taxes 8495 Fema Flood Plain Yes-100 yr Horse YN No Listing Terms CashConventional New Construction YN No Pool Features None Pool Private YN No Property Attached YN Yes Property Condition Resale Property Sub Type See Remarks Sewer Septic Tank Spa Features None Special Listing Conditions Standard Unit Style 1st Floor Entry2nd Floor EntryLow Rise (1-3 Stories) Utilities Above GroundElectricity ConnectedPropaneWater Connected Water Source Public



© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-18T00:01:10.077.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-07-18T00:01:10.077 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Watters International
3307 Northland Dr, Ste 100
Austin TX, 78731
Property listed by Jennifer Haines of Keller Williams Realty Lone St: (512) 868-1771.