$1,250,000
 $6,710 forsale estimated payment Sourced by Back At You

1001 Lakeshore Loop , Tow, TX 78672

Tow, TX 78672

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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!

Details

Mls2938344
Listing TypeFor Sale
Hoadues$60
SubtypeResale
StatusActive Under Contract
Year1958
Days On Site510
Listing Provided ByKeller Williams Realty Lone St | Jennifer Haines

Features

Beds3
Baths 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.

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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:
$1,250,000
low | high
Med:
$450,000
100% of Average
SqFt:
11,975
low | high
Med:
1,518
100% of Average
$ / SqFt:
$104
low | high
Med:
$296
100% of Average
On Site:
510
low | high
Med:
327.000000
100% of Average
Sourced by Back At You
Listing Updated: December 1, 2024 at 9:45:04 PM PST