$1,250,000
Tow, TX 78672
- 1.92 Acres
- Llano County
- 3 Beds
- 2 Baths
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! 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!
Key Features
- Price $1,250,000
- Property Type Residential
- Acres 2 Acres
- Utilities Above Ground Utilities,Electricity Connected,Propane,Water Connected
- Beds/Baths 3/2
- City Tow
- Status Contract Pending
Improvements
- Exterior Features: See Remarks
- Fence: None
- Heating: Electric,Varies by Unit
- Permit internet: 1
- Pool: None
- Roof: Aluminum
Other
- City: Tow
- County: Llano
- State: TX
- Zipcode: 78672
- Year Built: 1958
- Waterfront: 1
- Floors: Carpet
- Subdivision: Paradise Point
Property Map
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.
©2024 Austin Board of REALTORS. All rights reserved. - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Austin Board of REALTORS. Listing #2938344 Courtesy of Keller Williams Realty Lone St. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.