1001 Lakeshore LOOP, Tow TX 78672

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

Overview

  • Property ID
  • 255760
  • 3 Bedrooms
  • 2 Bathrooms
  • 11,975 ft2
  • 2 ac

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! Currently 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 voluntary HOA 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-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!

Other Features
Eat-in Kitchen
Electrical Utility Available
Free-Standing Electric Oven
Has Waterfront
Home Owners Association
No Interior Steps
Property Attached
Refrigerator
See Remarks
Property Id : 255760
Price: $ 1,500,000
Property Size: 11,975 ft2
Property Lot Size: 2 ac
Bedrooms: 3
Bathrooms: 2
Syndication Remarks: 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! Currently 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 voluntary HOA 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-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!
Parking Features: Boat,Carport,Circular Driveway,Direct Access,Parking Lot,Unpaved
Lot Size(acres): 1.9227
Lot Size(sf): 83752.81
Country: US
Last Listing Change: 2024-02-14T23:58:41.413Z
Property Key: 48299|15753|1|60116795
Status Contractual Search Date: 2023-07-11
Listing Key Numeric: 118457513
Est. Taxes: 8495
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: Yes-100 yr
#Photos: 24
Last Price Change: 2024-02-14T23:08:00.440Z
State: TX
Last Status Change: 2023-07-12T02:03:02.290Z
Street Name: Lakeshore
Laundry Location: See Remarks
Street# Ext.: 1001
Street#: 1001
Street Suffix: LOOP
#Dining: 1
#Living: 1
#Other Level Beds: 0
Property Match: APN
$/SF: 125.26
Unit Style: 1st Floor Entry,2nd Floor Entry,Low Rise (1-3 Stories)
Video Tour Link (Unbranded): https://youtu.be/-3ug-2WRksQ
Accessibility Features: None
Additional Parcels YN: 1
HOA Fee: 60
HOA Fee Frequency: Annually
HOA includes: Common Area Maintenance
HOA Name: Paradise Point
Full Baths: 2
Half Baths: 0
Total Baths: 2
Community Features: Common Grounds,Lake,Picnic Area,See Remarks
Construction Materials: Wood Siding
Cooling: Electric,Wall/Window Unit(s)
Covered Spaces: 0
Faces: West
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.
Elem School: Burnet
Elem School District: Burnet ISD
Fencing: None
Fireplace Features: None
#Fireplaces: 0
Flooring: Carpet
Foundation Details: Pillar/Post/Pier,Slab
Garage Spaces: 0
Heating: Electric,Varies by Unit
High School: Burnet
High School District: Burnet ISD
Levels: Multi/Split
Listing ID: 2938344
Listing Terms: Cash,Conventional
SF Source: Owner
Lot Features: Open Lot,Trees-Large (Over 40 Ft),Views
MLS Area Major: LL
Main Level Beds: 3
Middle School: Burnet (Burnet ISD)
Middle School District: Burnet ISD
Status: Active
Other Structures: See Remarks
Parcel#: 1288020800110
Patio And Porch Features: Porch
Pool Features: None
Possession: Negotiable
Property Condition: Resale
Roof: Aluminum
Sewer: Septic Tank
Spa Features: None
Special Listing Conditions: Standard
Utilities: Above Ground,Electricity Connected,Propane,Water Connected
View: Lake,Panoramic,Water
Water Body Name: Lake Buchanan
Water Source: Public
Waterfront Features: Waterfront
Window Features: Window Coverings
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