Tow TX Commercial for Sale
$1,250,000
1001 Lakeshore Loop Tow, TX 78672
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.92 Acres
- Year built:
- 1958
- Baths:
- MLS#:
- 161851
ADDITIONAL INFORMATION
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
Tow Real Estate
The median home value in Tow, TX is $172,400. This is lower than the county median home value of $429,900. The national median home value is $338,100. The average price of homes sold in Tow, TX is $172,400. Approximately 47.77% of Tow homes are owned, compared to 2.23% rented, while 50% are vacant. Tow real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tow real estate agent to arrange a tour today!
Tow, Texas 78672 has a population of 654. Tow 78672 is less family-centric than the surrounding county with 7.82% of the households containing married families with children. The county average for households married with children is 13.94%.
The median household income in Tow, Texas 78672 is $48,413. The median household income for the surrounding county is $62,839 compared to the national median of $69,021. The median age of people living in Tow 78672 is 70.1 years.
Tow Weather
The average high temperature in July is 95 degrees, with an average low temperature in January of 34.7 degrees. The average rainfall is approximately 29.7 inches per year, with 0.2 inches of snow per year.