1001 Lakeshore LOOP

Tow, TX 78672

For Sale $1,500,000

Listed 308 days ago for $199,999
  • Status: Active Under Contract
  • County: Llano
  • School District: Burnet ISD
  • Subdivision: Paradise Point
  • Beds: 3
  • Bathrooms: 2
  • Half Bathrooms: 0
  • SqFt: 11,975
  • $/SqFt: 125.26
  • Lot Size: 1.9227 acres
  • Levels: Multi/Split
  • Built: 1958
  • Est. Taxes: $8495
  • Association/HOA :Yes
  • Association Fee: $60 Annually
  • Waterfront:Yes
  • Private Pool: No
  • Heating: Electric, Varies by Unit
  • Cooling: Electric, Wall/Window Unit(s)
  • Interior Features: Eat-in Kitchen, No Interior Steps
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!

Construction Materials
Wood Siding
Roof
Aluminum
Exterior Features
See Remarks
Green Energy Efficiency
None
Pool Features
None
Lot Features
Open Lot, Trees-Large (Over 40 Ft), Views
Patio and Porch Features
Porch
Waterfront Features
Waterfront
Appliances
Free-Standing Electric Oven, Refrigerator
Parking
Parking Spaces 40
Garage Spaces None
Parking Features Boat, Carport, Circular Driveway, Direct Access, Parking Lot, Unpaved
Community Features
Common Grounds, Lake, Picnic Area, See Remarks
Listing ID
2938344
Sub Agency Compensation
0.000%
Buyer Agency Compensation
3%
Bonus to Buyers Agent (BA)
0.00%
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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Location

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Burnet (Burnet ISD)
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