Price Reduction - Waterfront
Address
1001 Lakeshore Loop, Tow, TX
Price
$ 1,500,000
Property Attributes
  • MLS#2938344
  • TypeSingle Family
  • CountyLLANO
  • CityTow
  • AreaLL
  • NeighborhoodParadise Point
  • Zip78672
  • Style
  • Year Built1958
  • Taxes$ 8495
  • Price$ 1,500,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage11975
  • Lot Size1.9227 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
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! 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!

Elementary School Middle School High School
Burnet Elementary School Burnet (Burnet ISD) Middle School Burnet High School
Price History
7/12/2023 Listed $1,999,999
7/24/2023 13% - $1,750,000
2/14/2024 15% - $1,500,000

General Features

Interior Features Eat-in Kitchen,No Interior Steps
Sewer Septic Tank
Heating Electric,Varies by Unit
Cooling Electric,Wall/Window Unit(s)
Utilities Above Ground,Electricity Connected,Propane,Water Connected
Roof Aluminum
Appliances Free-Standing Electric Oven,Refrigerator
Exterior Features See Remarks
HOA 60
Association Fee Includes Common Area Maintenance
Patio/Porch Features Porch
Pool Features None
Construction Materials Wood Siding
Year Built 1958
View Lake,Panoramic,Water
Levels Multi/Split
Property SubType See Remarks
Tax Year 2022
Waterfront Features Waterfront
Community Features Common Grounds,Lake,Picnic Area,See Remarks
Accessibility None
Assoc Fee Paid Per Annually
County Llano
New Construction No
Property Type Residential
HOA / Comm Assn Yes
Energy Efficient None
Subdivision Name Paradise Point
Facing Direction West
Green Sustainability None
Other Structures See Remarks
Status Active
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. Roa
High School Burnet
City Tow
Body of Water Lake Buchanan
Disclosures None
Association Name Paradise Point
MLS Area LL
Lot Size Square Feet 83752.81
Waterfront Y/N Yes
Street Name Lakeshore
Spa Features None
Elementary School Burnet
Middle/Junior High School Burnet (Burnet ISD)
Property Condition Resale
Additional Parcels Y/N Yes
Virtual Tour https://youtu.be/-3ug-2WRksQ
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 618846
Virtual Tour https://youtu.be/-3ug-2WRksQ

Interior Features

Flooring Carpet
Fireplace Features None
Window Features Window Coverings
Full Baths 2
Street Suffix LOOP
Total Bedrooms 3
Main Level Bedrooms 3
LivingAreaSource Owner
Total Baths 2

Exterior Features

Fencing None
Parking Features Boat,Carport,Circular Driveway,Direct Access,Parking Lot,Unpaved
Lot Features Open Lot,Trees-Large (Over 40 Ft),Views
Water Source Public
Total Parking 40
Foundation Details Pillar/Post/Pier,Slab
Lot Size Acres 1.9227
Horse Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 78672

Price
AVG $550K
$1.5M
Taxes
AVG $3,329
$8,495
Visits
AVG 208
684
Data Provided by Inside Real Estate®
Year Built
AVG 1990
1958

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