$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 |