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1001 Lakeshore Loop

Tow, TX 78672

3 beds
2 baths
11,975 sqft
~2 acre lot
$125 per sqft
1958 build
– on site

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!

Listing courtesy of ABOR / Jennifer Haines / Keller Williams Realty Lone St

Last checked: Checking… • Last updated Mar 28, 2024 •

MLS# 2938344 —

The Building

Year Built:

1958
New Construction:

false
Levels:

Multi/Split
Unit Style:

1st Floor Entry
Foundation:

Pillar/Post/Pier
Roof:

Aluminum
Exterior Features:

See Remarks
Window Features:

Window Coverings
Patio And Porch Features:

Porch
Accessibility Features:

None
Direction Faces:

West

Interior

Interior Features:

Eat-in Kitchen
Living:

1
Dining:

1
Flooring:

Carpet
Fireplace:

None
Laundry Location:

See Remarks

Room Dimensions

Living Area:

11975
Living Area Source:

Owner

Location

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.
Latitude:

30.85561
Longitude:

-98.432521

The Property

Property Type:

Residential
Subtype:

See Remarks
Property Condition:

Resale
Parcel Number:

1288020800110
Lot Features:

Open Lot
Lot Size Acres:

1.9227
Lot Size Area:

1 Sqft
Lot Size SqFt:

83752.81
View:

Lake
Waterfront:

true
Waterfront Features:

Waterfront
Water Body Name:

Lake Buchanan
Horse:

false
Fencing:

None
Other Structures:

See Remarks
Property Attached:

true
FEMA Flood Plain:

Yes-100 yr

Listing Agent

Contact info:

Beds

Bedrooms Total:

3
Main Level Bedrooms:

3

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour
Video Tour:

Virtual Tour
Special Listing Conditions:

Standard
Buyer Brokerage Compensation:

3.000%

Heating & Cooling

Heating:

Electric
Cooling:

Electric

Utilities

Utilities:

Above Ground
Sewer:

Septic Tank
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Free-Standing Electric Oven

Schools

Elementary School:

Burnet
Elementary School District:

Burnet ISD
Middle Or Junior School:

Burnet (Burnet ISD)
Middle Or Junior School District:

Burnet ISD
High School:

Burnet
High School District:

Burnet ISD

The Community

Subdivision Name:

Paradise Point
Community Features:

Common Grounds
Pool Private:

false
Pool Features:

None
Spa Features:

None
Association:

true
Association Name:

Paradise Point
Association Fee:

$60
Association Fee Paid:

Annually
Association Fee Includes:

Common Area Maintenance

Parking

Parking Features:

Boat
Garage:

false
Attached Garage:

false

Extra Units

Additional Parcels:

true

Monthly cost estimate

Asking price

$1,500,000

Expense	Monthly cost
Mortgage	$8,032
Taxes	N/A
Insurance	$412
HOA fees	$5
Utilities	$381 See report
Total	$8,830/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
2/14/24 Feb 14, 2024	Price Changed	ABOR	$1,500,000	-14.3%
7/24/23 Jul 24, 2023	Price Changed	ABOR	$1,750,000	-12.5%
7/11/23 Jul 11, 2023	Price Changed	ABOR	$1,999,999	900.0%

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This house located in Buchanan Lake Village, TX 78672 is currently for sale for $1,500,000. 1001 Lakeshore Loop is a 11,975 square foot house with 3 beds and 2 baths that has been on Estately for 296 days. This house is in the attendance area of Burnet High School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.