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1001 Lakeshore LOOP, Tow, Texas 78672 For Sale

11,975 Sqft - 1001 Lakeshore LOOP, Tow, Texas 78672

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Property Description

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! Historically 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 HOA is voluntary; membership 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-generational 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!

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : ACT2938344
Price : $1,250,000
Bedrooms : 3
Bathrooms : 2
Square Footage : 11,975 Sqft
Year Built : 1958
Lot Size : 83,752.80 Sqft
Property Sub Type : See Remarks
Standard Status : Active Under Contract
Features
Heating System : Electric, Varies By Unit
Cooling System : Wall/window Unit(s), Electric
View : Water, Lake, Panoramic
Patio : Porch
Roof Deck : Aluminum
Parking : 40
Appliances : Refrigerator, Free-standing Electric Oven
Association Fee : $60
Association Fee Frequency : Annually
Association Fee Includes : Common Area Maintenance
Construction Materials : Wood Siding
Exterior Features : See Remarks
Flooring : Carpet
Foundation : Slab, Pillar/post/pier
Interior Features : Eat-in Kitchen, No Interior Steps
Levels : Multi/split
Lot Features : Trees-large (over 40 Ft), Views, Open Lot
Parking Features : Boat, Circular Driveway, Carport, Parking Lot, Unpaved, Direct Access
Sewer : Septic Tank
Utilities : Electricity Connected, Water Connected, Propane, Above Ground
Waterfront Features : Waterfront
Address Map
Country : US
State : TX
County : Llano
City : Tow
Zipcode : 78672
Street : Lakeshore
Street Number : 1001
Street Suffix : LOOP
Longitude : W99° 34' 2.9''
Latitude : N30° 51' 20.2''
Directions : From Highway 29 in Burnet County, turn onto CR 261. Right on RR 2241. Right on FM 3014. Enter Paradise Point subdivision; road becomes Redbud. Follow to the end and veer right onto Lakeshore Loop. Road dead ends at the property entrance.
Area : LL
MLS Addon
Office Name : Keller Williams Realty Lone St
Listing Agent Name : Jennifer Haines
Front-Facing Direction : West
Elementary School : Burnet
High School : Burnet
List Agent MLSID : ACT679986
List Office MLSID : ACT5448
Middle School : Burnet (Burnet ISD)
MLS Status : Active Under Contract
Parcel Number : 1288020800110
Subdivision Name : Paradise Point
Tax Amount (Annual) : $0
Virtual Tour Link Unbranded : Click Here
AssociationName : Paradise Point
TaxBlock : 8
TaxMapNumber : 12
TaxLegalDescription : PARADISE POINT UNIT 2 BLK 8 PT OF LT 11 & LTS 12-14; PARADISE POINT UNIT 2 BLK 9 LT 17;
TaxYear : 2022
ACT_EstimatedTaxes : $8,495
TaxAssessedValue : $618,846
ACT_TaxFilledSqftTotal : 0 Sqft
OriginalListPrice : $199,999
PreviousListPrice : $1,500,000
WaterBodyName : Lake Buchanan
CommunityFeatures : Common Grounds, Picnic Area, See Remarks, Lake
SpecialListingConditions : Standard
Importer Addon
Close Prc : $0
C$/SqFt : $0
$SqFt : $0
Residential For Sale
  • Listing ID : ACT2938344
  • Bedrooms : 3
  • Bathrooms : 2
  • Square Footage : 11,975 Sqft
$1,250,000
Agent info
Stacy Caprio
Ready Real Estate
Austin, TX
Contact Agent