2040 Island View
Canyon Lake, TX, 78133 $ 1,400,000
Bedrooms4 Baths3.1 Sq 4,056 Monthly Estimate*
$ 8,620
for $1,400,000 with 4 bedrooms and 3 full baths, 1 half bath. This 4,056 square foot home was built in 1986 on a lot size of 5.43.
Set behind a private gate on 5.43 ACRES, 2040 Island View offers a rare combination of space, privacy, and breathtaking Hill Country VIEWS overlooking Canyon Lake. This expansive estate features soaring ceilings, oversized rooms, and abundant storage throughout, creating endless flexibility for living, working, and entertaining. Natural light pours in through multiple skylights, accentuating the home's open feel and dramatic scale. The thoughtfully designed floor plan includes massive living and recreation spaces, generously sized bedrooms, and large walk-in closets, with rooms that can easily adapt to multiple uses such as offices, studios, gyms, or guest suites. Step outside to relax on the deck by the pool and take in sweeping hillside and lake views surrounded by mature trees and serene natural beauty. The sprawling acreage provides ample space for outdoor enjoyment, privacy, and expansion potential. A two-entry garage with finished areas offers room for multiple workshops, storage, or hobby spaces, while the expansive parking area easily accommodates cars, boats, RVs, and all your recreational toys. Uniquely appointed bathrooms, exceptional storage throughout, and a one-of-a-kind setting make this property a standout opportunity for those seeking acreage living with views, privacy, and versatility. Priced at $1.4M - motivated seller will consider all offers.
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FeaturesGeneralLiving Area 4056
Construction Pre-Owned
Heating Central Heat Pump 2 Units
Cooling Two Central Heat Pump Zoned
Half Baths 1
Bathrooms 4
Subdivision MORRWOODS RANCH
Builder unknown
Class Single Residential
Type Single Family Detached
Style Two Story
Roof Metal
Status New
Attached Garage Y
Neighborhood Amenities None
Area 2603
Year Built 1986
High School Canyon Lake
School District Comal
Proposed Terms Conventional VA Cash 100% Financing Investors OK Other
Elementary School Mountain Valley
Middle School Mountain Valley
Legal Description MORRWOODS RANCH (A-509 SUR-803 RUSK TRANS CO) ACRES 5.43
Taxes 0
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ExteriorExterior 4 Sides Masonry Stucco
Foundation Slab
Pool (Y/N) N
Pool None
Lot Size 5.43
Water/Sewer Private Well Septic
Inclusions Ceiling Fans Washer Connection Dryer Connection Cook Top Wet Bar 2+ Water Heater Units Private Garbage Service
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InteriorTotal Bedrooms 4
Full Baths 3
Interior Features Two Living Area Separate Dining Room Eat-In Kitchen Two Eating Areas Island Kitchen Walk-In Pantry Study/Library Shop Utility Room Inside High Ceilings Walk in Closets
Stories 2
Flooring Saltillo Tile Laminate
Living Room Width 20
Heating Fuel Electric
# of Fireplaces 2
Living Room Length 33
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* Excluded FeaturesList ByAlyssa MarquezListing Agent
alyssa.marqueztx@gmail.com;alyssa.marqueztx@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,620
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Canyon Lake, TX
Average List Price $581,909
Percent of Sale Price 58%
About Canyon Lake, TX 28,119 Population
61% Since 2002
$ 62,449 Median Income
51.13 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
744894 Elementary School
745856 Middle School
Canyon Lake High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/5/2026 | $1,400,000 | | Listed Price |