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1001 Lakeshore Loop, Tow, TX 78672
$1,500,000
1001 Lakeshore Loop, Tow, TX 78672View this property at 1001 Lakeshore Loop, Tow, TX 78672
1001 Lakeshore LoopTowTX78672
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Property Description & Video
1001 Lakeshore Loop, Tow, TXVideo Tour of 1001 Lakeshore Loop, Tow, TX.
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!
Full Property Details
Full Property Details for 1001 Lakeshore Loop
General
- Price: $1,500,000
- HOA FEE: $5/month
- HOA FEE FREQ.: Annually
- Taxes: (2022)
- Status: Active
- Type: Single Family
- MLS ID: 2938344
- Updated: 2/14/2024
- Added to Site: 297 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, No Interior Steps
- Fireplace(s): None
- Appliances: Free-Standing Electric Oven, Refrigerator
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom 1: Full Bath, Main
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
- Bedroom 1: None, Main
Other Rooms
- Kitchen: Eat In Kitchen, Main
- Laundry: See Remarks
Additional Information
- Shared Amenities: Common Grounds, Lake, Picnic Area, See Remarks
- Other Features: See Remarks
Exterior
- Exterior Features: See Remarks
- Deck/Patio: Porch
Parking
- Total Spaces: 40
- Parking Features: Boat, Carport, Circular Driveway, Direct Access, Parking Lot, Unpaved
Location
- Area: LL
- County: Llano
- Subdivision: Paradise Point
- 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.
- Direction Faces: West
School Information
- Elem School District: Burnet ISD
- Midd School District: Burnet ISD
- High School District: Burnet ISD
- Elementary School: Burnet
- Middle School: Burnet (Burnet ISD)
- High School: Burnet
Community
- Association: Yes
- Assoc. Name: Paradise Point
- Assoc. Fees Include: Common Area Maintenance
Heating & Cooling
- Cooling Type: Electric, Wall/Window Unit(s)
- Heating Type: Electric, Varies by Unit
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Above Ground, Electricity Connected, Propane, Water Connected
Structural Information
- Exterior Const.: Wood Siding
- Foundation: Pillar/Post/Pier, Slab
- Roof: Aluminum
- Windows: Window Coverings
- Disability Access: None
- Square Feet: 11,975
- Living Area: 11,975 Sq. Ft.
- Year Built: 1958
- Property Condition: Resale
Additional Structures
- Other Structures: See Remarks
Lot Features
- Property View: Lake, Panoramic, Water
- Lot Size (Acres): 1.9227
- Lot Size (Sq. Ft.): 83,752.81
- Lot Features: Open Lot, Trees-Large (Over 40 Ft), Views
- Lot Description: Open Lot, Trees-Large (Over 40 Ft), Views
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake Buchanan
- Water Front View: Waterfront
Financial Considerations
- Lot Price Per Sq. Ft.: $17.91
- Association Fee: $60
- Assoc Fee Freq.: Annually
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: None Available
- Restrictions: Deed Restrictions
- Property ID: 1288020800110
Listed by Keller Williams Realty Lone St
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Schools
Schools serving 1001 Lakeshore Loop
School District:Burnet Consolidated Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
1401 N Main St, Burnet, TX 78611 | 6-8 | 13.3 mi | |
1000 The Green Mile Rd, Burnet, TX 78611 | 9-12 | 13.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1001 Lakeshore Loop
Date
Details
Price
Change
Source
2/14/2024
Price Reduced
$1,500,000
-14.29%
MLS
7/24/2023
Price Reduced
$1,750,000
-12.5%
MLS
7/11/2023
Listed
$1,999,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1001 Lakeshore Loop
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,294
-12%
$447,430
—
2022
$7,123
24%
$447,430
2%
2020
$5,734
—
$439,910
10%
2020
$5,734
12%
$399,210
17%
2019
$5,119
2%
$341,450
6%
2018
$4,998
—
$323,190
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1001 Lakeshore Loop
1001 Lakeshore Loop, Tow, TX 78672 (MLS# 2938344) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1001 Lakeshore Loop is currently listed for $1,500,000 and was received on July 11, 2023. Want to learn more about 1001 Lakeshore Loop? Do you have questions about finding other Single Family real estate for sale in Tow? You can browse all Tow real estate or contact a Coldwell Banker agent to request more information.