• Asking Price $1,500,000
  • 1001 LAKESHORE LOOP TOW, TX 78672

  • 3 Beds 2 Baths 11,975 SqFt
  • Commercial / Resale (MLS)

Property Details for 1001 LAKESHORE LOOP, TOW, TX 78672

Features

  • Price/sqft: $125
  • Lot Size: 71379 sq. ft.
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
  • Roof Type: GABLE
  • Heating: Wall Unit Heating
  • Exterior Walls: Concrete Block

Facts

  • Year Built: 01/01/1958
  • Property ID: 886878404
  • MLS Number: 2938344
  • Parcel Number: 15753
  • Property Type: Commercial
  • County: LLANO
  • Legal Description: PARADISE POINT UNIT 2 BLK 8 PT OF LT 11 & LTS 12-14
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. BOM - Buyer had change of heart. 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!

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Property Brokerage: Avis Wukasch
Copyright © 2024 Keller Williams Realty, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.