1001 Lakeshore Loop, Tow, TX

$1,500,000

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3

Beds

2

Baths

11,975

Square feet

1.92

Acres

About 1001 Lakeshore Loop

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!

Features of 1001 Lakeshore Loop

MLS® # 2938344
Price $1,500,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 11,975
Acres 1.92
Year Built 1958
Type Residential
Sub-Type Other
Status Active

Community Information

Address 1001 Lakeshore Loop
Area LL
Subdivision Paradise Point
City Tow
County Llano
State TX
Zip Code 78672

Amenities

Utilities Above Ground Utilities, Electricity Connected, Propane, Water Connected
Features Common Grounds/Area, Lake, Park, See Remarks
Parking Boat, Circular Driveway, Carport, Direct Access, Parking Lot, Unpaved
View Lake, Panoramic, Water
Is Waterfront Yes
Waterfront Waterfront
Has Pool No

Interior

Interior Carpet
Appliances Free-Standing Electric Oven, Refrigerator
Heating Electric, Varies by Unit
Fireplace No
Fireplaces None
Stories Multi/Split

Exterior

Exterior Features See Remarks
Lot Description Open Lot, Trees Large Size, Views
Roof Aluminum
Construction Wood Siding
Foundation Pillar/Post/Pier, Slab

School Information

District Burnet ISD
Elementary Burnet
Middle Burnet (Burnet ISD)
High Burnet

Additional Information

Date Listed July 11th, 2023
Days on Market 297
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Office Contact(512) 868-1771

Listing Map

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