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    100 Scott Drive Tow, TX 78672

    View on Map
    For Sale
    $2,800,000

    MULTI_FAMILY - Tow, TX

    Property size:
    22,196 SF
    Lot size:
    5.00 Acres
    Added:
    Jun 27, 2025
    Days on Market:
    280
    Last Refresh:
    Apr 2 at 9:06 am

    Property Features for 100 Scott Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    20
    Bathrooms
    18
    Rooms
    Bedroom 12, Bathroom 13, Bathroom 18, Bedroom 5, Bedroom 14, Bedroom 13, Bathroom 2, Bathroom 8, Bathroom 15, Bathroom 9, Bedroom 9, Bedroom 4, Bathroom 6, Bathroom 7, Bathroom 16, Bedroom 15, Bathroom 10, Bathroom 11, Bathroom 1, Bathroom 14, Bedroom 3, Bathroom 3, Bathroom 17, Bedroom 20, Bedroom 17, Bedroom 8, Bedroom 7, Bedroom 18, Bedroom 2, Bedroom 10, Bathroom 5, Bedroom 1, Bathroom 12, Bathroom 4, Bedroom 6, Bedroom 11, Bedroom 16, Bedroom 19
    Appliances
    Commercial Stove, Dishwasher, Dryer, Microwave, Electric Range, Gas Range, Refrigerator, Washer, Washer Hookup, Gas Water Heater, Electric Water Heater
    Standard status
    Active
    APN
    017102
    Size
    22,196 SF
    Lot size
    5.00 Acres

    Taxes and HOA fees

    TaxDescription
    Legal in Agent remarks

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1970
    Number of units
    4
    Flooring type
    Tile, Concrete, Laminate
    Building materials
    Steel Frame, Wood Siding, HardiPlank Type, Metal, Stone
    Roof type
    Metal

    We can help!

    Listing Contact
    Brenda Schneider
    Brenda Schneider

    Listing agent Brenda Schneider License #0596305

    Listing office Landmasters Real Estate 801 Bessemer St., Llano, TX

    Listing date Jun 27, 2025

    MLS# 174044 Listing URL

    Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Buchanan Waterfront Resort Opportunity

    This 5-acre property on Lake Buchanan offers over 1,200 feet of shoreline and frontage on RR 2241. The property includes a 7,080 square foot main residence featuring three stories, an elevator, media room, safe room, large entertaining decks, and a hot tub with lake views. A separate 1,566 square foot guest home with 3 bedrooms and 2 bathrooms is suitable for management, extended stays, or rental income. The resort has 14 rental units, several equipped with full kitchens and private entrances, all separately metered. The property has potential as a short-term rental business, corporate retreat, or family compound. An indoor/outdoor pavilion with a commercial kitchen, commercial BBQ pit, pizza oven, and spacious patios is available for events, reunions, or group gatherings. Commercial improvements include 26 RV slips, a coin laundry, multiple patios, and 4 Conex units. The property has permissive zoning for multi-family and short-term rental use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Scott’s Landing LLC Hotel & Motel

    Suggested Use

    Hotel & Motel Travel Agency Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tow
    County
    Llano
    State
    Texas
    Longitude
    -98.4722782
    Latitude
    30.8819617

    Nearby Similar for Sale

    • $2,800,000

      Lake Buchanan Waterfront Resort Opportunity

      5-acre Lake Buchanan resort with commercial and residential potential.
      100 Scott's Landing, Tow, TX 78672
      View Details
    • $299,000
      3,840 SF

      Versatile Commercial Property on Hwy 2241

      3,840 SF commercial building on 0.5 acres with inventory.
      17128 Ranch Rd 2241, Tow, TX 78672
      View Details

    FAQs

    What type of property is this?
    Resort - 5-acre Lake Buchanan resort with hospitality, residential, and commercial potential.
    Where is this resort located?
    The property is located at 100 Scott Drive Tow, TX.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: Premier Lake Buchanan waterfront property with over 1,200 ft of shoreline and RR 2241 frontage.; Significant income‑producing potential with 14 rental units, 26 RV slips, and commercial frontage.; **Main residence (7,080 sq ft) features an elevator, media room, safe room, entertaining decks, and hot tub.**
    (325) 423-5495
    We can help!
    Listing Contact
    Brenda Schneider
    Brenda Schneider
    Real Estate License ID: 0596305
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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