1001 Lakeshore Loop

Tow, TX 78672
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For Sale
Under Contract - OP
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3 Bedroom(s)
2 Full Bath(s)
11,975 Sqft. ($125/Sqft.)
1.92 Lot Acres
Residential

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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 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!

MLS#
ABORTX-2938344
List Price
$1,500,000 ($125/Sqft.)
Listing Status
Under Contract - OP
Address
1001 Lakeshore Loop
City
Tow
State
TX
Zip Code
County
Subdivision
Paradise Point
Legal Description
PARADISE POINT UNIT 2 BLK 8 PT OF LT 11 & LTS 12-14; PARADISE POINT UNIT 2 BLK 9 LT 17;
Property Type
Residential
Bedroom
3 Bedroom(s)
Bath
2 Full Bath(s)
Building Size
11,975 Sqft/Owner
Year Built
1958 /Public Records
Lot Size
1.92 Lot Acres/Appraisal District
Maintenance Fee
$60 / Annually

Interior

Number Of Living Area
1
Number Of Dinning Area
1
Floors
Carpet
Cooling
Electric, Wall/Window Unit(s)
Heating
Electric, Varies by Unit
Window
Window Coverings
Appliances
Free-Standing Electric Oven, Refrigerator
Security System
None
Interior
Eat-in Kitchen, No Interior Steps

Exterior

Roof
Aluminum
Foundation
Pillar/Post/Pier, Slab
Private Pool
No
Exterior Type
Wood Siding
Lot Description
Open Lot, Trees-Large (Over 40 Ft), Views
Parking
Boat, Carport, Circular Driveway, Direct Access, Parking Lot, Unpaved
Parking Space
Garage 0 / Parking 40
Utility
Above Ground,Electricity Connected,Propane,Water Connected
Front Door Face
West
Views
Lake,Panoramic,Water

Rooms

Kitchen
Main Floor; Eat In Kitchen
Bath
Main Floor; Full Bath

Lot information

Lot Size
1.92 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Dwelling Type
1st Floor Entry,2nd Floor Entry,Low Rise (1-3 Stories)
Community Features
Common Grounds,Lake,Picnic Area,See Remarks

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Maintenance Fee
$60.00/Annually

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Property tax

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Source

unlock MLS
Source last updated May 28, 2024 at 09:07 PM
Listing last updated May 07, 2024 at 05:07 AM
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1001 Lakeshore Loop, Tow, TX 78672. View photos, map, tax, nearby homes for sale, home values, school info...

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