1001 Lakeshore Loop, Tow, TX

$1,250,000

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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! 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!

Features of 1001 Lakeshore Loop

MLS® # 2672602
Price $1,250,000
Bathrooms 0.00
Acres 1.92
Year Built 1958
Type Commercial Sale
Sub-Type Hotel/Motel
Status Active Under Contract

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
Parking Boat, Carport, Direct Access, On Site, Parking Lot, Unpaved
View Lake, Water
Is Waterfront No
Has Pool No

Interior

Interior Carpet
Heating Electric, Varies by Unit
Fireplace No

Exterior

Construction Wood Siding
Foundation Pillar/Post/Pier, Slab

Additional Information

Date Listed September 9th, 2022
Days on Market 717
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty Lone St
Contact Info(512) 868-1771

Listing Map

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