1151 Fawn Valley Drive Canyon Lake, TX $ 1,150,000
1151 Fawn Valley Drive
$ 1,150,000
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1151 Fawn Valley Drive

Canyon Lake, TX, 78133
$ 1,150,000
Baths0.0 Sq 4,412

Monthly Estimate*

$ 7,175

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Studio

Farms/Ranches for sale in Canyon Lake, TX

for $1,150,000. This 4,412 square foot property was built in 1986 on a lot size of 20.58.

Positioned in one of the fastest-growing lake communities in the Hill Country, this unique property offers an exceptional investment opportunity with immediate income and significant long-term upside. Spanning 20.58 unrestricted acres, this versatile property delivers a rare combination of natural beauty, development flexibility, and strong cash-flow potential. Potters Creek lines the entire southern border, creating a private and scenic natural boundary, while a well-fed pond welcomes you at the entrance. The included half-acre lot in Rocky Creek Ranch directly adjoins the main acreage. It provides a valuable 2" water line from Texas Water Company—an infrastructure advantage that enhances future expansion or redevelopment options. With the ability to subdivide into smaller tracts or extend the existing improvements, the land itself is the foundation for endless investment possibilities. Currently operating as a mobile home park with long- and short-term rentals, this property offers turnkey cash flow from day one. Well-maintained improvements include a double-wide, six single-wide homes, a 240 sq ft rental cabin, and another 240 sq ft unit nearly complete—all in excellent condition, generating solid rental demand. Additional amenities include a 20×60 equipment building, 12×20 building, 10×20 carport with storage, and nine 200-amp meter loops for future growth. Fencing on three sides, well-maintained grounds, and lake views from the top of the two-story home all add to the property’s appeal. Located in Canyon Lake—one of Texas’ top recreational areas—this site draws steady tourists, renters, and residents seeking lake and Hill Country amenities. High rental demand and easy access to San Antonio and New Braunfels make this a prime investment market. Contact for additional details or to schedule a tour. *Rental units are currently occupied; please do not disturb tenants*

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Farms/Ranches Active

Price

$ 1,150,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 0

Style

Lot Size

20.58

Year Built

1986

Town/City

Canyon Lake

County/Region

Comal

MLS | Web ID

600093

List By
Tricia Keith

Listing Agent

Keller Williams Realty

Broker

tricia@texasland.com

Email

Affordability Calculator

$7,175
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,175
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4796387 Elementary School
3750124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/16/2025$1,150,000 Listed Price

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1151 Fawn Valley Drive, Canyon Lake, TX, 78133 is a Farms/Ranches for sale at $1,150,000 with 4,412 sqft and a lot size of 20.58. 1151 Fawn Valley Drive is a studio with 0.0 baths and was built in 1986. The property's zip code is 78133 which is in Canyon Lake, TX