$1,250,000
3 Beds
2 Baths
11,975 SqFt
1.92 Acre Lot
83,752 Sqft Lot
Status Activeundercontract
Property Type Other
Year Built 1958
Neighborhood Paradise Point
Days on Website 482

Property Map

$1,250,000 – 1001 Lakeshore Loop, Tow, TX 78672

Street View

Property listed by Keller Williams Realty Lone St 512-868-1771 {attribution_contact}

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!

Property Details and Features

Appliances & Equipment

  • FreeStandingElectricOven
  • Refrigerator

Bathrooms

  • 2 full bathrooms
  • 2 total bathrooms

Bedrooms

  • 3 total bedrooms
  • 3 bedrooms on main level

Building

  • Built in 1958
  • 11,975 sqft living area
  • WoodSiding
  • MultiSplit

Community

  • CommonGroundsArea
  • Lake
  • Park
  • SeeRemarks

Exterior Features

  • SeeRemarks

Floors

  • Carpet

Foundation

  • PillarPostPier
  • Slab

Water Features

  • Water Body Name: Lake Buchanan
  • Waterfront
  • Waterfront

Heating

  • Electric
  • VariesByUnit

Home Owner’s Association

  • Fee: $60
  • Fee Frequency: Annually
  • CommonAreaMaintenance

Interior Features

  • EatInKitchen
  • NoInteriorSteps

Laundry

  • SeeRemarks

Listing

  • 401 days on market
  • Listed on 2023-07-11

Location

  • County: Llano
  • Subdivision: Paradise Point

Lot

  • 1.9227 acres
  • Area: 1.9227
  • OpenLot
  • TreesLargeSize
  • Views

Parking

  • Boat
  • CircularDriveway
  • Carport
  • DirectAccess
  • ParkingLot
  • Unpaved

Possession

  • CloseOfEscrow

Property

  • Resale
  • Lake
  • Panoramic
  • Water

Roof

  • Aluminum

Schools

  • Elementary School: Burnet
  • Elementary School District: Burnet ISD
  • Middle School: Burnet (Burnet ISD)
  • Middle School District: Burnet ISD
  • High School: Burnet
  • High School District: Burnet ISD

Sewer

  • SepticTank

Taxes

  • Year: 2022

Utilities

  • AboveGroundUtilities
  • ElectricityConnected
  • Propane
  • WaterConnected

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