$6,000,000

408 Clen Oak Parkway, Burnet, TX

7.91

Acres

Drastic Price Drop: This 7.5 acre lake resort has approx. 510 ft of beautiful waterfront on the local favorite, Lake LBJ, the only true constant-level lake in the Highland Lakes chain. One of the most popular Vacation Resorts in central Texas. Rentals galore!! Each of the (21) RV spaces have 4-way hookups w/ 30 & 50 AMP electricity, septic, water, cable TV, phone jacks. Also includes seven 1-bedroom cabins. The three 2-bedroom condos can sleep up to 7 people. The nine 1-bedroom condos sleep up to 4 people. The private balcony at the rear of the condos overlooks the lake & is shaded by pecan trees. Also, like the rest of the rentals the two lake houses are completely furnished. The smaller sleeps 2 & the large one sleeps 8 people. The Lodge is perfect for large groups, seating up to 75 people. It has 5 separate motel style rooms equipped w/ full bath/shower (one handicap accessible) & can accommodate up to 24 people. Amenities include: Swimming pool, mini-golf course, game room w/arcades & pool table, shuffleboard, (2) laundry rooms, (2) Shower/bathroom, (2) playgrounds, grass volleyball court, fishing dock, (8) boat slips and (3) jet ski ramps to round out the lake activity fun. The park also has a private home as well as an office on-site. The premises have (9) septic tanks, (7) water meters, (19) PEC meters. Main water source is River Oaks Water System. LCRA-provided irrigation for grass for minimal cost per year. Survey available 5/6/22. Current owner willing to train for (2) weeks prior to closing. Adding to the value, the property has been approved for a Grandfathered Marina Facility. Continue operating as a full service park offering year-round accommodations or let your imagination take over as the possibilities are limitless for this property. https://www.heartoftexaslakeresorts.com

Facts & Features

ListingFeed abor_vow
MLS® # 7422877
List Price $6,000,000
Sale Price $5,300,000
Sale Date August 1st, 2022
Bathrooms 0.00
Acres 7.91
Year Built 1978
Type Commercial Sale
Sub-Type Hotel/Motel
Status Closed

Community Information

Address 408 Clen Oak Parkway
Subdivision CLEN OAK PARKWAY
City Burnet
County Burnet
State TX
Zip Code 78611

Amenities

Utilities Above Ground Utilities, Electricity Available, Natural Gas Available, Propane, Underground Utilities
Parking Additional Parking, Boat, Carport, Direct Access, Driveway, Guest, Gravel, Lighted, On Site, Parking Lot, RV Carport, RV Access/Parking, Unpaved
View Lake, River
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Concrete, Laminate, Linoleum, Parquet, Tile, Vinyl
Heating Central, Electric, Varies by Unit
Cooling Central Air, Ceiling Fan(s), Electric, Varies by Unit, Wall/Window Unit(s)
Fireplace No

Exterior

Construction Blown-In Insulation, Brick, Block, Frame, Glass, HardiPlank Type, Masonry, Masonite, Metal Siding, Concrete, Stone, Vinyl Siding
Foundation Pillar/Post/Pier

Additional Information

Zoning NONE
Foreclosure No
Short Sale No
RE / Bank Owned Yes

Listing Map

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