Property Description

This exceptional 23 acre waterfront property 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 easy 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. The resort has been under new ownership since March of 2020. Since then, many repairs, improvements and upgrades have been made. Revenue is up, but any potential profit has been reinvested into the resort in an effort to improve the property and make the venture financially viable in the long run. Additionally, with much of the property undeveloped, there is ample room to expand.

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 or 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: 1106 Hi-Line, Tow, TX.

SIZE: 23.554 acres

WATERFRONT: 1,730 Feet of Lake Buchanan Waterfront

IMPROVEMENTS:
49 Off water RV sites (Full Service)
7 Waterfront RV sites (Water & Electric Only)
Rec Center w/Community Restrooms & Showers, Full Kitchen (pool table, video games, movie rentals, WIFI, Direct Tv)
Community Laudry Facility with new Speed Queen washers & dryers
2 Bedroom "Manager's Cabin"
2,903 Square Foot Lodge
16 Cabins
Crappie House
General Store
Restaurant Grill - Food to go, including lakeside pick up (Run by third party)
2nd laudry facility for cabin maintenance
Maintenance barns / Covered storage
RV and boat parking
Commercial Ice Machine (Provided by 3rd Party) Pays metered utilities & rent
Vending machines
Community swimming pool
Sandy Beach Area
Boat Ramp
Swimming Pier
2 Convenience piers
Grills & Firepits
RMS Management Software to Manage Online Books

ANNUAL PROPERTY TAXES: $9,550 (per appraisal district)

RESTRICTIONS: None

Price: $3,800,000

For more photos and information please contact:

Phone: 512-756-9230
Email: ranches@jimberryranchsales.com