1001 Lakeshore Loop Tow, TX $ 1,250,000
1001 Lakeshore Loop
$ 1,250,000
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1001 Lakeshore Loop

Tow, TX, 78672
$ 1,250,000
Baths0.0 Sq 11,975

Monthly Estimate*

$ 7,486

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Studio

Commercial Property for sale in Tow, TX

for $1,250,000. This 11,975 square foot building was built in 1958 on a lot size of 1.9227.

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!

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Commercial Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,495

Style

Lot Size

1.9227

Year Built

1958

Town/City

Tow

County/Region

Llano

MLS | Web ID

2672602

Features
General
Sewer Septic Tank
Heating Electric Varies by Unit
Cooling Electric Wall/Window Unit(s)
Utilities Above Ground Electricity Connected Propane Water Connected
Security Features None
Construction Materials Wood Siding
Year Built 1958
View Lake Water
Property SubType See Remarks
Tax Year 2023
Current Use Commercial Hotel/Motel Multi-Family Recreational Restaurant
County Llano
Net Operating Income 0
Operating Expense 0
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Paradise Point
Building Features See Remarks
Green Sustainability None
Other Structures See Remarks
Status Active Under Contract
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
City Tow
Disclosures Lead Base Paint Addendum Seller Disclosure
MLS Area LL
Lot Size Square Feet 83752.81
Waterfront Y/N N
Property Condition Resale
Additional Parcels Y/N Y
Leasable Area 7042
Virtual Tour https://youtu.be/-3ug-2WRksQ https://www.youtube.com/watch?v=-3ug-2WRksQ
Lease Type None
Standard Status Active Under Contract
Year Built Source Public Records
Tax Assessed Value 618846
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Interior
Flooring Carpet
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features Boat Carport Direct Access On Site Parking Lot Unpaved
Water Source Public
Total Parking 40
Foundation Details Pillar/Post/Pier Slab
Number of Buildings 7
Building Area Total 11975
Lot Size Acres 1.9227
Road Surface Type Gravel
Lot Size Source Appraiser
Other Equipment Varies by Unit
Horse Y/N N
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Internal Only
Street Number 1 1001
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* Excluded Features
List By
Jennifer Haines

Listing Agent

Keller Williams Realty Lone St

Broker

jhaines@kw.com

Email

Affordability Calculator

$8,194
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$708
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2024$1,250,000 -16.67% Price Down
2/14/2024$1,500,000 -14.29% Price Down
7/24/2023$1,750,000 -12.50% Price Down
12/9/2022$1,999,999 -19.98% Price Down
9/9/2022$2,499,500 Listed Price

Map


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1001 Lakeshore Loop, Tow, TX, 78672 is a Commercial Property for sale at $1,250,000 with 11,975 sqft and a lot size of 1.9227. 1001 Lakeshore Loop is a studio with 0.0 baths and was built in 1958. The property's zip code is 78672 which is in Tow, TX