2488 Waterfront Park Dr
Canyon Lake, TX, 78133 $ 780,000
Bedrooms4 Baths3.0 Sq 2,134 Monthly Estimate*
$ 4,866
for $780,000 with 4 bedrooms and 3 full baths. This 2,134 square foot home was built in 2021 on a lot size of 0.6.
Experience the best of Hill Country lakefront living with this private retreat on two lots at Canyon Lake. This stunning three-story, four-bedroom, three-bath home offers direct water access even at lower lake levels-complete with a private path to the shoreline where you can still launch a boat. Situated on a quiet cul-de-sac, the property delivers sweeping views of the surrounding hills and the water from nearly every level. Designed for entertaining and relaxation, the home comfortably sleeps up to 14 people, making it ideal for family gatherings or as a proven income-producing short-term rental (Airbnb). The top-floor primary suite serves as a private retreat with vaulted ceilings, a covered deck overlooking the lake, an oversized walk-in shower, dual vanities, and panoramic views. The main level features an open-concept living area with high ceilings, large picture windows, and abundant natural light. A chef's kitchen anchors the space with stainless-steel appliances, a generous island, custom cabinetry, and a dedicated coffee bar. Two guest bedrooms and a full bath complete this level, along with access to a private balcony showcasing the lake. The lower level includes a spacious bunk room with two sets of bunk beds-perfect for kids or guests-a full bath, and a separate office area for remote work. Each level connects seamlessly to outdoor living areas designed to take advantage of the tranquil setting. Enjoy evenings around the fire-pit under the stars, soak in the hot tub, or explore the water with the included paddleboards. The property's dual-lot configuration provides additional parking for boats, trailers, and guests, plus space for future expansion. The adjacent lot conveys with the home and may be subdivided with county approval, offering potential for another dwelling or investment project. Located just minutes from Canyon Lake Marina, Overlook Park, and popular dining along FM 306, this property combines convenience with the peaceful feel of a tucked-away retreat. All while being within an easy drive to New Braunfels, Gruene, and San Antonio. Whether you're seeking a full-time residence, a second home, or a turnkey vacation rental, this lakefront property offers style, flexibility, and immediate enjoyment. With established short-term rental performance, direct water access, and unmatched views, this home truly checks all the boxes for Canyon Lake living.
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FeaturesGeneralLiving Area 2134
Construction Pre-Owned
Heating Central
Cooling One Central
Half Baths 0
Bathrooms 3
Subdivision WATERFRONT PARK
Builder Unknown
Class Single Residential
Type Single Family Detached
Style 3 or More
Roof Metal
Status Active
Attached Garage N
Neighborhood Amenities Waterfront Access
Area 2603
Year Built 2021
High School Canyon Lake
School District Comal
Proposed Terms Conventional FHA VA Cash
Elementary School STARTZVILLE
Middle School Mountain Valley
Legal Description Waterfront Park Lot 28
Taxes 11003.96
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ExteriorExterior Siding
Foundation Slab
Pool (Y/N) N
Exterior Features Covered Patio Deck/Balcony
Pool None
Lot Size 0.6
Water/Sewer Septic
Lot Description On Waterfront
Inclusions Ceiling Fans Washer Connection Dryer Connection Stove/Range Dishwasher
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InteriorTotal Bedrooms 4
Full Baths 3
Interior Features Eat-In Kitchen Island Kitchen
Stories 3+
Flooring Ceramic Tile
Living Room Width 14
Heating Fuel Electric
# of Fireplaces 0
Living Room Length 10
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* Excluded FeaturesList Bytre@callthecavalrygroup.com;tre@callthecavalrygroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,866
- Monthly Property Taxes
- $917
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbySingle family listings in Canyon Lake, TX
Average List Price $572,973
Percent of Sale Price 27%
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.
744942 Elementary School
745856 Middle School
Canyon Lake High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/14/2025 | $780,000 | -6.02% | Price Down |
| 8/31/2025 | $830,000 | -2.35% | Price Down |
| 6/13/2025 | $850,000 | | Listed Price |