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Courtesy: Keller Williams Realty Lone St, (512) 868-1771
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS

1001 Lakeshore LOOP,  Tow TX, 78672

(Pending)
$1,500,000
|
3 beds, 2 Full baths, 11,975 sqft
|
MLS# 2938344

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Last Updated: 5/18/2024 7:36 PM
Description for 1001 Lakeshore LOOP Tow, TX 78672
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 caf! 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 caf 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!
Price
$1,500,000
Paradise Point
Llano
3
2 Full
11,975 (approx)
2938344
Pending
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 caf! 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 caf 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!
Listing Information
Property Type: Single Family, 3+ Story
3 2 Full
1.92 Acres 11,975 (approx) 1958
Wood
Paradise Point
Pillar/Post/Pier, Slab
Public
Septic Tank
Electricity Connected, Propane, Water Connected
Neighborhood
School Information
Burnet Burnet (Burnet ISD) Burnet
Room Information
Bathrooms
2
Eat-in Kitchen
Interior Features
Free-Standing Electric Oven, Refrigerator
Carpet
Electric, Window/Wall Unit
Electric Heating, Varies by Unit
Window Coverings
None
Eat-in Kitchen
Exterior / Lot Features
40 Parking Spaces, Boat, Carport, Circular Driveway, Direct Access, Parking Lot, Unpaved
Wood
Porch
Aluminum
None
None
Lake, Panoramic, Water
Open Lot, Views, Waterfront
Driving 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.
Financial Considerations
$60 Annually
1288020800110
$8,495
Cash, Conventional
Listing Price History

Tow Real Estate

Tow is located in Texas. Tow, Texas 78672 has a population of 175.

The median household income in Tow, Texas 78672 is $44,309. The median household income for the surrounding county is $61,645 compared to the national median of $66,222. The median age of people living in Tow 78672 is 57 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
5/6/2024 Pending $1,500,000  USD  MLS info
2/14/2024 Active $1,500,000  USD  -14.29% MLS info
7/24/2023 Active $1,750,000  USD  -12.50% MLS info
7/11/2023 Active $1,999,999  USD  900.00% MLS info
7/11/2023 Active $199,999  USD  MLS info
Tax History (Sourced from Public Records)
year Property Taxes Change Tax Assessment Change
2023 $1,231   USD -32.55% $168,630   USD 6.39%
2022 $1,825   USD 29.98% $158,496   USD 10.00%
2020 $1,404   USD 8.34% $144,087   USD 21.00%
2019 $1,296   USD 1.25% $119,080   USD 3.02%
2018 $1,280   USD -27.57% $115,590   USD 3.52%
Courtesy: Keller Williams Realty Lone St, (512) 868-1771
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS
This content last refreshed on 5/18/2024 7:36 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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