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Lakefront Resort with Eight Cottages
For Sale
$1,799,900

16838 RM 2241, Tow, TX 78672

Commercial Sale, Tow, TX

Property Size8,017 SF
Lot Size2.73 Acres
Price / SF$224.51
Days on Market183

Property Features for 16838 RM 2241

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 1, Bathroom 2
Appliances Gas Range, Washer Hookup
Directions From Bluffton, head North on Ranch Rd 2241 for 5 miles and the property will be on your right.
Standard status Active
APN 014137
Size 8,017 SF
Lot size 2.73 Acres

Taxes and HOA fees

Tax Description A THIELE ABST #788 2.244 AC DRIFTWOOD SHORES
Legal Description A THIELE ABST #788 2.244 AC DRIFTWOOD SHORES

Utilities

Sewer type Septic Tank
Heating system Central, Wall Furnace
Cooling system Window Unit(s), Wall/Window Unit(s), Central Air
Water source Public

Amenities

picnic tables
propane grills
covered porches
lakeside party barn

Building Details

Year built 1985
Number of units 10
Flooring type Vinyl, Ceramic floor, Carpet
Building materials Wood Siding, Stone
Roof type Metal
Listing Agency: Keller Williams Heritage · Keller Williams Realty
Listed By: Billy Stephens · License #0821506
Added: Mar 12 Changed: Sep 2 Last Checked: Sep 10 at 3:06AM
MLS# 176944

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.

Investment Insights

Based on property information with market context.

This resort property occupies 2.73 acres along Lake Buchanan and includes 8 cottages, 2 additional homes, a lakeside party barn, front office, post office, and multiple storage buildings. The improvements total 8,017 square feet and were built in 1985. Building materials include wood siding and stone, with metal roofing, vinyl, ceramic, and carpet flooring. Heating and cooling systems include central, wall furnace, central air, and window or wall/window units.

The property is located at 16838 RM 2241 in Tow, Texas, within Llano County. It has 875 feet of waterfront, public water service, and septic tank sewer service. The cottages include features such as covered porches, picnic tables, propane grills, and interior living accommodations, while the larger homes provide additional residential space within the resort layout.

Key Highlights

  • 2.73‑acre resort property on Lake Buchanan
  • 875 feet of waterfront
  • 8 cottages plus 2 additional homes

Property Analytics

Current Use

Resorts

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 78672, TX

984
Population
831
Households
1.2
Avg Household Size
60
Median Age
13%
College-Educated
86%
High-School Grad
29.9 sq mi
ZIP Area
33
Density / Sq Mi
$47,692
Median Household Income
$31,739
Median Earnings
$190,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Resort - Multi-building hospitality property with guest cottages, residences, event space, storage, and direct Lake Buchanan shoreline access.
Where is this resort located?
The property is located at 16838 RM 2241 Tow, TX.
What is the asking price?
The asking price for this property is $1,799,900.
What are key features of this property?
This property features: 2.73‑acre resort property on Lake Buchanan; 875 feet of waterfront; 8 cottages plus 2 additional homes
More about this property
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