1001 Lakeshore Loop

Tow, TX 78672

$1,500,000
Price
3
Beds
2
Baths
11,975 Sq. Ft.
$125 / Sq. Ft.
11,975
Sq. Ft.
$125
per Sq. Ft.

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...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!
  1. Listed by Jennifer Haines • TREC #0679986 • Keller Williams Realty Lone St • (512) 868-1771

Property Details for 1001 Lakeshore Loop

Subdivision Name
Paradise Point
Waterfront
Yes
Waterfront Description
Waterfront
Water Access Description
Waterfront
View
Lake, Panoramic, Water
View YN
Yes
Parcel Number
1288020800110
Tax Lot
12

Location

Listing Courtesy of Keller Williams Realty Lone St, Jennifer Haines, TREC #0679986
Add your commute
LISTING UPDATED: 07/11/2023 04:03 PM

Property Details for 1001 Lakeshore Loop

StatusActive
MLS #2938344
Days on Market296
Taxes$8,495 / year
HOA Fees$60 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Other
Year Built1958
Lot Size1.92 AC / 83,752 SF
CountyLlano County

Location

Listing Courtesy of Keller Williams Realty Lone St, Jennifer Haines, TREC #0679986
Add your commute

Virtual Tour

Building Information for 1001 Lakeshore Loop

Stories-Year Built1958Building Size-Lot Size1.92 AC / 83,752 SF

Payment Calculator

$8,899 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$708

HOA Dues

$5

The Payment Calculator is for illustrative purposes only.

Property Information for 1001 Lakeshore Loop

General Information
Parking
  • Garage Spaces: 0
  • Parking Total: 40
  • Parking Features: Boat, Circular Driveway, Carport, Direct Access, Parking Lot, Unpaved
  • Carport: Yes
  • Garage: No
  • Covered Spaces: 0
Interior
  • Interior Features: Eat-in Kitchen, No Interior Steps
  • Flooring: Carpet
Exterior
  • Exterior Features: See Remarks
  • New Construction: No
  • Construction Materials: Wood Siding
  • Foundation Details: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Porch
  • Water Body Name: Lake Buchanan
  • Roof: Aluminum
  • Fencing: None
  • Direction Faces: West
  • Window Features: Window Coverings
  • Accessibility Features: None
  • Community Features: Common Grounds/Area, Lake, Park, See Remarks
Property Information
Lot Information
  • Lot Features: Open Lot, Trees Large Size, Views
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Electric, Wall/Window Unit(s)
  • Heating YN: Yes
  • Heating: Electric, Varies by Unit
  • Sewer: Septic Tank
  • Utilities: Above Ground Utilities, Electricity Connected, Propane, Water Connected
  • Water Source: Public
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: Eat-in Kitchen
Room 2
  • Room Type: Bathroom
  • Room Level: Main
  • Room Features: Bath in Primary Bedroom
Room 3
  • Room Type: Bedroom
  • Room Level: Main
  • Room Features: None
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Paradise Point
  • Association Fee Includes: Common Area Maintenance
  • Tax Assessed Value: $618,846
  • Additional Parcels: Yes
  • Additional Parcels Description: PARADISE POINT UNIT 2 BLK 9 LT 17 PARADISE POINT UNIT 2 BLK 8 PT OF LT 11
  • Tax Year: 2022
  • Tax Rate: 1.37%
Showing Information
Showing Information
  • Security Features: None
  • 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.

Property History for 1001 Lakeshore Loop

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1001 Lakeshore Loop

Taxable ValueLand$66,000Additions$102,630Total$168,630
Tax Record2023$1,231 ($103 / month)
Home Facts
Beds0Total Finished SqFt1,280 SqFtAbove Grade Finished SqFt1,280 SqFtStyleSingle Family ResidenceYear Built2007CountyLLANOAPN57180

Schools near 1001 Lakeshore Loop

This home is within Burnet Consolidated Independent School District.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Rj Richey Elementary School
Public3 to 5

Burnet Middle School
Public6 to 8

Burnet High School
Public9 to 12

Burnet Elementary School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1001 Lakeshore Loop is a single family home for sale in Tow, TX 78672. This property was listed for sale on July 11, 2023 by Keller Williams Realty Lone St, it's currently listed at $1,500,000. This listing's school district is Burnet Consolidated Independent School District. Nearby schools include Rj Richey Elementary School, Burnet Middle School and Burnet High School. 1001 Lakeshore Loop is a 3-bed, 2-bath, 11,975 sqft single family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty Lone St, Jennifer Haines, TREC #0679986

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. 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. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.