Resort on Lake Buchanan, Lakefront, Lake side, Lakeside, Boat, Hill Country

Lynette Morrison, REALTOR and CCIM represents Commercial Real Estate and Investment Properties in Central Texas.

Poppy’s Point

Poppy’s Point Resort on Lake Buchanan

Additional Information

Ownership of Poppy’s Point Resort on Lake Buchanan is the dream of a lifetime for those that love the beauty of the open water, the peacefulness of the clear big Texas sky & the joy of sharing it all with visiting families & friends. The rental from 12 well maintained cabins, 34 RV pads pays for your on-site 3 bedroom 2 bath home plus income to put away fro retirement. You will never want to leave this beautiful 1200’ open water view peninsula that is 6.2+ acres on the shores of Lake Buchanan, the second largest of the Highland Lakes Chain.

Fast facts about Poppy’s Point Resort:

Gross Revenue $198,000
Cash Flow $ 70,000 (net of all living expenses)
Year Established 1990
Employees 3 full time, 1 part time
12 cabins completely furnished including TV’s and kitchen
34 RV pad sites
Swimming pool
Dining hall
Laundry facility
Storage
3 bedroom, 2 bath home with carport
Retired winter "Texans" are welcome & rent for 2-4 months at a time.
Poppy’s Point Resort attracts fishing groups, water skiing enthusiast & young families
Management training & reservation software available
Owners are retiring

Overview: Well established open waterfront Resort on big Lake Buchanan in the heart of Texas hill country. Property is a peninsula with 1200' of shoreline. 58 RV sites, 9 cabins, restaurant, gift shop, swimming pool. Lots of growth potential for a new, ambitious owner.

Price: $1,100,000

Location: 121 Cottage Drive,
Highway 29 at Buchanan Dam,
Buchanan, TX 78609

Directions:

From San Antonio

Take Highway 281 north from San Antonio through Blanco, Johnson City & Marble Falls. Turn left at Farm Market (FM) 1431 follow until it dead ends at Rural Route (RR) 261. Turn left and travel 1.5 miles to Poppy’s Point Resort.

From Austin

From South Austin, take Highway 71 through Oak Hill, then west approximately forty+ miles to US Highway 281. Travel through Marble Falls. Turn left at Farm Market (FM) 1431 follow until it dead ends at Rural Route (RR) 261. Turn left and travel 1.5 miles to Poppy’s Point Resort.

From North Austin, take Highway 183 to Capital of Texas Highway (Loop 360), then proceed south to Bee Caves Road, then west on Bee Caves to Highway 71. Follow 71 to US HWY 281 North.

Area information about Hill Country	Area information about Marble Falls

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Chess Game - Jumbo chess pieces provide hours of enjoyment for guests. Included in purchase.	Family Games - All outdoor equipment including mowers & lawn equipment are included in purchase price.	Laundry & Shower Buildings - Convenient laundry facilities & showers for guests.


Meter for RV‘s - 34 waterfront spaces put the guest within a few feet of the waters edge. 30 & 50 AMP service plus water & sewer hookups. Can accommodate rigs up to 50 ft.	Owner/Property Managers Backyard - Overlooking Lake Buchanan this beautiful waterfront home by itself would cost $450,000 if purchased alone. Ownership of Texas waterfront is money in the bank.	Aerial view of the peninsula - 1200 feet of open water. All have gorgeous views of the water including the owner/property manager. Aerial File Size 483 KB (*Adobe Reader required)


RV Park - 34 waterfront spaces put the guest within a few feet of the waters edge. 30 & 50 AMP service plus water & sewer hookups. Can accommodate rigs up to 50 ft.	Neat Cabins - 12 cabins with porches & bar-b-que pits for outdoor enjoyment. All furniture & appliances are included in the purchase. Extra inventory pieces are also available.	Road Sign - Branded logo that can be recognized anywhere in the US by those who love to visit the big Texas Lake Buchanan.


Pool - Extra large swimming pool along with oversized chess set basketball court & swing sets.	Dining Hall & Gift Shop - Dining Hall/Conference Room is another revenue generator. The room can accommodate up to 75 people. Small companies enjoy this relaxed setting which has a full kitchen & dining area. Also great for hosting parties, family reunions, weddings, receptions & non - profit appreciation parties.

Demographic Report

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