1001 Lakeshore LOOP, Tow, TX 78672 - MLS#2938344

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Ana Morales

ana@purerealty.com +1(737) 500-2845

$1,250,000

Est. payment - /mo

3 Beds

2 Baths

11,975 SqFt

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UPDATED:

11/22/2024 09:46 AM

Key Details

Property Type Single Family Home

Sub Type See Remarks

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 11,975 sqft

Price per Sqft $104

Subdivision Paradise Point

MLS Listing ID 2938344

Style 1st Floor Entry,2nd Floor Entry,Low Rise (1-3 Stories)

Bedrooms 3

Full Baths 2

HOA Fees $60/ann

Originating Board actris

Year Built 1958

Tax Year 2022

Lot Size 1.923 Acres

Property 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!

Location

State TX

County Llano

Rooms

Main Level Bedrooms 3

Interior

Interior Features Eat-in Kitchen, No Interior Steps

Heating Electric, Varies by Unit

Cooling Electric, Wall/Window Unit(s)

Flooring Carpet

Fireplaces Type None

Fireplace Y

Appliance Free-Standing Electric Oven, Refrigerator

Exterior

Exterior Feature See Remarks

Fence None

Pool None

Community Features Common Grounds, Lake, Picnic Area, See Remarks

Utilities Available Above Ground, Electricity Connected, Propane, Water Connected

Waterfront Yes

Waterfront Description Waterfront

View Lake, Panoramic, Water

Roof Type Aluminum

Accessibility None

Porch Porch

Total Parking Spaces 40

Private Pool No

Building

Lot Description Open Lot, Trees-Large (Over 40 Ft), Views

Faces West

Foundation Pillar/Post/Pier, Slab

Sewer Septic Tank

Water Public

Level or Stories Multi/Split

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Burnet

Middle Schools Burnet (Burnet Isd)

High Schools Burnet

School District Burnet Cisd

Others

HOA Fee Include Common Area Maintenance

Restrictions Deed Restrictions

Ownership Fee-Simple

Acceptable Financing Cash, Conventional, Owner May Carry

Tax Rate 1.37274

Listing Terms Cash, Conventional, Owner May Carry

Special Listing Condition Standard

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Listed by Keller Williams Realty Lone St

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Ana Morales

+1(737) 500-2845

REALTOR® | License ID: 805621

REALTOR® License ID: 805621