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Backup Offers

1001 Lakeshore Loop, Tow, TX, 78672

$1,250,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
11,975 SqFt
$104/SqFt
House

Location

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1001 Lakeshore Loop, Tow$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingBoat, Circular Driveway, Carport, Direct Access, Parking Lot, Unpaved
Year Built1958
HeatingElectric, Varies By Unit
CoolingElectric, Wall/Window Unit(s)
WaterfrontWaterfront
FireplaceNone
ViewLake, Panoramic, Water
MLS #2938344
Lot Size1.92 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1001 Lakeshore Loop

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!

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Living Area: 11,975 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Lone St
  • Office Phone: (512) 868-1771
  • Listing Agent: Jennifer Haines

Interior Features

Interior Information:

  • Appliances: Electric Oven, Refrigerator
  • Flooring Type: Carpet
  • Interior: Eat-in Kitchen, No Interior Steps
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Waterfront
  • View: Lake, Panoramic, Water
  • Exterior: See Remarks

Parking Information:

  • Parking: Boat, Circular Driveway, Carport, Direct Access, Parking Lot, Unpaved

Virtual/3D Tour

  • Virtual Tour: 1001 Lakeshore Loop
Virtual Tour

Lot Features

Lot Information:

  • Lot: Open Lot, Views
  • Lot Size: 1.92 Acres

Utilities

Utilities Information:

  • Heating: Electric, Varies By Unit
  • Cooling: Electric, Wall/Window Unit(s)

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $104/SqFt

HOA Fees:

  • Amount: $60
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Tow, TX.

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Tow, TX

City

Med. Sold Price

$300K

Med. Price/SqFt

$125

Avg. Days On Market

184

# of Sold Homes

1

1001 Lakeshore Loop vs Tow

499 DAYS ON ROCKET

+315 Days

$1,250,000

+$950K More

$104/SqFt

-$21 Less

KEY TAKEAWAY

This property is $950K more than the Median Sold Price and $21/SqFt less than other homes in Tow, TX.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #2938344

Listing Office:

  • Office Name: Keller Williams Realty Lone St
  • Office Phone: (512) 868-1771
  • Listing Agent: Jennifer Haines

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/22/2024, 6:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$6,311

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-540427
2
/10

  • R. J. Richey Elementary School

  • 500 E Graves St

  • 13.65 miles

  • Public District Grades 3-5

school-card-donut-540428
4
/10

  • Packsaddle Elementary School

  • 150 Pioneer Ln

  • 14.00 miles

  • Public District Grades PK-5

school-card-donut-540429
7
/10

  • Llano Elementary School

  • 1600 Oatman St

  • 16.33 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,523. Residents of Tow, TX typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1001 Lakeshore Loop

What is the listing price of this property?

The listing price of 1001 Lakeshore Loop property is $1,250,000.

What type of property is this?

The property 1001 Lakeshore Loop is a house located in Tow, Texas, 78672.

Is this property for sale now?

Accepting Backup Offers: 1001 Lakeshore Loop is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 1001 Lakeshore Loop has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1001 Lakeshore Loop is 11,975 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1001 Lakeshore Loop is 1958.

Rocket Homes›Texas›Llano County›Tow›78672›1001 Lakeshore Loop

This home is located at 1001 Lakeshore Loop in Tow, TX and zip code 78672 in the Paradise Point neighborhood. This 11,975 square foot home, which was built in 1958, sits on a 1.92 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 12, 2023 and is currently priced at $1,250,000.

Over 0 listings were sold over their listed price in October 2024 in Tow, TX. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Tow, TX between September 2024 and October 2024 increased by 7.7%. In October 2024, listings were on the market for 184 days. During the same period, the median list price in this real estate market was $300,000.

From Rocket Homes Real Estate and based on county public records data.

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