Active
1001 Lakeshore LOOP
Tow TX, 78672
$1,250,000
$104.38 per sqft
Active
3 Beds
2 Baths
11,975 sqft
Residential
Built in 1958
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 cafe! 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 cafe 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!
2938344
MLSⓇ ID
July 11, 2023
Listed
August 26, 2024
Updated
Map
1001 Lakeshore LOOP
Tow TX, 78672
Interior Features
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Interior Features
Eat-in Kitchen, No Interior Steps
Appliances
Free-Standing Electric Oven, Refrigerator
Floor Description
Carpet
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Electric, Wall/Window Unit(s)
Heating
Yes
Heating Description
Electric, Varies by Unit
Exterior/Building Features
Lot Size
1.92 Acres
Exterior Features
See Remarks
Lot Features
Open Lot, Trees-Large (Over 40 Ft), Views
Roof
Aluminum
Sewer
Septic Tank
School Information
School District
Burnet ISD
High School
Burnet
Elementary School
Burnet
Other Property Details
Area Name
LL
Association Fee
$60
Association Fee Frequency
Yearly
Garage
No
Parking
Boat, Carport, Circular Driveway, Direct Access, Parking Lot, Unpaved
View
Yes
View Description
Lake, Panoramic, Water
County
Llano
Water Source
Public
Pool
No
Pool Features
None
Waterfront
Yes
Lakefront
Yes
Listing History
Date | Event | Price |
---|---|---|
7/20/2024 | Price change | $1,250,000 -17% |
5/31/2024 | Active | — |
5/7/2024 | Under contract | — |
2/15/2024 | Price change | $1,500,000 -15% |
7/24/2023 | Price change | $1,750,000 -13% |
7/12/2023 | Price change | $1,999,999 900% |
Courtesy of Keller Williams Realty Lone St
Listing Contact: (512) 868-1771
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Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Database last updated 9:12 AM UTC, 8/26/2024