1001 Lakeshore Loop, Tow

$1,500,000

3 Beds
2.0 Baths
11,975 Sqft
1.92 Acres
Boat, Circular Driveway, Carport, Direct Access, Parking Lot, Unpaved

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!

Property Details

1001 Lakeshore Loop is a other property on a 1.92 acre lot which offers 3 bedrooms, 2 bathrooms, built in 1958, and is 11,975 square feet in size. Priced at $1,500,000, this property is ready for your enjoyment. Contact us if you would like to preview 1001 Lakeshore Loop, Tow, TX.

Essential Information
MLS® #2938344
Price$1,500,000
Bedrooms3
Bathrooms2.0
Square Footage11,975
Acres1.92
Year Built1958
TypeResidential
Sub-TypeOther
StatusActive
Days on Market260
Water Feature/View
ViewLake,Panoramic,Water,Lake Buchanan
Is WaterfrontYes
Community Information
Address1001 Lakeshore Loop
AreaLL
SubdivisionParadise Point
CityTow
CountyLlano
StateTX
Zip Code78672
Utilities

Above Ground Utilities, Electricity Connected, Propane, Water Connected

Features

Common Grounds/Area, Lake, Park, See Remarks

Parking

Boat, Circular Driveway, Carport, Direct Access, Parking Lot, Unpaved

Interior
InteriorCarpet
HeatingElectric, Varies by Unit
FireplacesNone
StoriesMulti/Split
Appliances

Free-Standing Electric Oven, Refrigerator

Exterior
Exterior FeaturesSee Remarks
Lot DescriptionOpen Lot, Trees Large Size, Views
RoofAluminum
ConstructionWood Siding
FoundationPillar/Post/Pier, Slab
School Information
DistrictBurnet ISD
ElementaryBurnet
MiddleBurnet (Burnet ISD)
HighBurnet
Additional Information
Date ListedJuly 11th, 2023
HOA Fees60
HOA Fees Freq.Annually
Property History
Price Reduced from $1,750,000 to $1,500,000
Price Reduced from $1,999,999 to $1,750,000
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The information being 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 27th, 2024 at 7:00pm CDT.

Listing Courtesy Of Keller Williams Realty Lone St.

Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. 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.

Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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