1001 Lakeshore LOOP, Tow TX 78672

$ 1,500,000
1001 Lakeshore LOOP, Tow TX 78672, ,

Overview

  • Property ID
  • 107946
  • 2 ac

Description

Ready to invest in your future and escape the hustle and bustle of big city living? The lakefront sunrises and sunsets at Paradise Point will enchant your senses like never before. This 1.97+/- acre waterfront fishing camp boasts over 733 feet of shoreline on Lake Buchanan and unmatched views. The resort is quietly nestled at the end of the street and then expands to include the entire point on the lake. The 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. The camp includes 2 cabins, caretakers home, apartment, 5-unit motel, 2 duplexes, boat slips, covered fishing dock, café, minnow shed, outbuildings, community boat ramp, community beach and voluntary HOA. 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 and enjoy coffee with the sunrise, send them out for a day’s fishing with a sack lunch, and then welcome them back for dinner that evening with the sunset. Short term rentals, multi-family, resort, AirBNB are 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!

Other Features
Electrical Utility Available
Property Id : 107946
Price: $ 1,500,000
Property Lot Size: 2 ac
Syndication Remarks: Ready to invest in your future and escape the hustle and bustle of big city living? The lakefront sunrises and sunsets at Paradise Point will enchant your senses like never before. This 1.97+/- acre waterfront fishing camp boasts over 733 feet of shoreline on Lake Buchanan and unmatched views. The resort is quietly nestled at the end of the street and then expands to include the entire point on the lake. The 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. The camp includes 2 cabins, caretakers home, apartment, 5-unit motel, 2 duplexes, boat slips, covered fishing dock, café, minnow shed, outbuildings, community boat ramp, community beach and voluntary HOA. 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 and enjoy coffee with the sunrise, send them out for a day's fishing with a sack lunch, and then welcome them back to for dinner that evening with the sunset. Short term rentals, multi-family, resort, AirBNB are 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!
Parking Features: Boat,Carport,Direct Access,On Site,Parking Lot,Unpaved
Lot Size(acres): 1.9227
Lot Size(sf): 83752.81
Country: US
Last Listing Change: 2024-02-14T23:58:04.857Z
Property Key: 48299|15753|1|60116795
Status Contractual Search Date: 2022-09-09
Listing Key Numeric: 114538152
Est. Taxes: 8495
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: Yes-100 yr
#Photos: 36
Last Price Change: 2024-02-14T23:07:40.110Z
State: TX
Last Status Change: 2022-09-09T19:19:48.697Z
Street Name: Lakeshore
Street# Ext.: 1001
Street#: 1001
Street Suffix: LOOP
Property Match: APN
$/Building Area: 125.26
Video Tour Link (Unbranded): https://youtu.be/-3ug-2WRksQ
Additional Parcels YN: 1
Building Area Total: 11975
Building Features: See Remarks
Construction Materials: Wood Siding
Cooling: Electric,Wall/Window Unit(s)
Current Use: Commercial,Hotel/Motel,Multi-Family,Recreational,Restaurant
Directions: From Highway 29 in Burnet County, turn onto CR 261. Right on RR 2241. Right on FM 3014. Enter Paradise Point subdivision; road becomes Redbud. Follow to the end and veer right onto Lakeshore Loop. Road dead ends at the property entrance.
Flooring: Carpet
Foundation Details: Pillar/Post/Pier,Slab
Heating: Electric,Varies by Unit
Listing ID: 2672602
Listing Terms: Cash,Conventional
MLS Area Major: LL
Status: Active
#Buildings: 7
Other Structures: See Remarks
Parcel#: 1288020800110
Possession: Close Of Escrow,Funding
Property Condition: Resale
Road Surface Type: Gravel
Sewer: Septic Tank
Special Listing Conditions: Standard
Utilities: Above Ground,Electricity Connected,Propane,Water Connected
View: Lake,Water
Water Source: Public
Year Built: 1958
$ 10,272.32
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 7,584.82
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle