$1,500,000 $8,052 est/mo Sourced by Back At You

1001 Lakeshore Loop,Tow, TX 78672

Tow TX, 78672

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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 café! 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 café 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!

Details

MLS#2938344
Listing TypeFor Sale
HOA Dues$60
Sub-TypeResale
StatusActive
Year1958
Days On Site337
Listing Provided ByKeller Williams Realty Lone St | Jennifer Haines
Buying Commision3.000%

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet11,975
Car PortYes
Acreage1.92
Water FrontYes
Property ViewLake, Panoramic, Water

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of June 13, 2024 at 9:36:22 PM PDT 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.

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StateTX
CountyLlano
CityTow
Zip Code78672
AreaLL
Community NameParadise Point
School DistrictBurnet
Elementary SchoolBurnet
Middle SchoolBurnet (Burnet ISD)
High SchoolBurnet
Listing VS Median (in Paradise Point)
Price:
$1,500,000
low | high
Med:
$694,000
100% of Average
SqFt:
11,975
low | high
Med:
1,868
100% of Average
$ / SqFt:
$125
low | high
Med:
$385
100% of Average
On Site:
337
low | high
Med:
117.000000
100% of Average
Sourced by Back At You
Listing Updated: June 10, 2024 at 3:52:13 PM PDT