Tow, TX 78672,1106 Hi Line DR

$3,800,000

Est. payment /mo
Est.Price: ?

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1106 Hi Line DR Tow, TX 78672

11,738 SqFt

SOLD DATE : 08/09/2022

Key Details

Property Type Commercial

Sub Type See Remarks

Listing Status Sold

Purchase Type For Sale

Square Footage 11,738 sqft

Price per Sqft $323

Subdivision Hi Line Point

MLS Listing ID 6304490

Sold Date 08/09/22

Originating Board actris

Tax Year 2021

Lot Size 24.000 Acres

Property Sub-Type See Remarks

Property Description

This exceptional 23 acre waterfront resort boasts 1,730 feet of shoreline on Lake Buchanan. The water frontage ranges from sandy beaches to deep water with the entirety of the shoreline providing east access to the lake. There is a hill on the east side of the property that affords panoramic views of the lake and surrounding hills. The resort includes dozens of cabins and RV spots, lodge, community center, pool, docks, boat ramp and much more.

Established in 1955, Hi-Line Resort is a cherished vacation spot for many Texans. Fishing, swimming, boating, lodging and camping are just some of the activities enjoyed by thousands of Texans throughout the years at Hi-Line Resort. Recent upgrades have made the longtime established resort even better. With much of the property undeveloped, there is ample room to expand. And if running a resort is not your cup of tea, the property offers endless possibilities: A high end lakefront subdivision, estate sized lots or even one large estate of corporate retreat. As an investment, this property offers tremendous upside due to the unprecedented growth in Austin and its westward expansion into the Hill Country combined with the scarcity of large lakefront tracts of land.

Location

State TX

County Llano

Interior

Fireplace N

Exterior

Utilities Available Above Ground, Electricity Available

View Hill Country, Lake

Total Parking Spaces 50

Building

Foundation Slab

Structure Type Cement Siding,Metal Siding

New Construction No

Others

Restrictions None

Acceptable Financing Cash, Conventional

Tax Rate 1.32504

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Jim Berry Hill Ctry Rnch Sales • Chad Calhoun
Bought with Jim Berry Hill Ctry Rnch Sales
agent

Richard Caprioli

Advisor | License ID: 545677

+1(512) 294-8968

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