$1,250,000
- Beds
- 3
- Baths
- 2.0
- sq ft
- 11,975
1001 Lakeshore Loop, Tow, TX 78672
1001 Lakeshore Loop
Tow, TX 78672
- Pending
- Price drop $250,000↓
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
Property type
Lot size
1.9227 acres
Price per sq ft
$105
Year built
1958
Annual property taxes
$8,495
Monthly HOA fee
$5
Price History
09/12/2024
Austin #2938344
Pending
$1,250,000
07/20/2024
Austin #2938344
Price change
$1,250,000
-16.67%
05/31/2024
Austin #2938344
Listed
$1,500,000
Schools & Community
Elementary school:
Burnet
Middle school:
Burnet (Burnet ISD)
High school:
Burnet
Community features: Lake
Community features:
Lake
High school district:
Burnet ISD
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Tomo last checked: 09/19/2024 at 7:40 PM
Listing updated: 09/12/2024 at 4:46 PM
Listed by: Jennifer Haines, Keller Williams Realty Lone St Phone #: (512) 868-1771
MLS: Austin #2938344
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