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Canyon Lake,TX 78133
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,206 sqft
Price per Sqft $133
Subdivision Rolling Hills Estates 1
MLS Listing ID 1862374
Style A-Frame
Bedrooms 5
Full Baths 3
Year Built 1988
Annual Tax Amount $3,000
Tax Year 2024
Lot Size 0.960 Acres
Acres 0.96
Property Sub-Type Single Family Detached
Property Description
Investor's Dream Near the Lake - Income Potential Galore! Don't miss this rare opportunity to own a versatile three-story home on nearly 1 acre (0.96 acres) spread across three lots, just minutes from the lake! Perfect for investors or those looking to house hack, this property offers dual living potential with 5 bedrooms and multiple income-generating options. The bottom level features a separate entrance, a full kitchen, and private living space-ideal for a rental unit, in-law suite, or Airbnb. The second and third floors offer a spacious layout with 2 bedrooms and 2 bathrooms, providing additional rental or owner-occupied options. A 700 sq. ft. shop on the property adds even more value for storage, hobbies, or potential rental income. One of the three lots could be subdivided and sold separately, offering extra return on investment. This is a unique find with plenty of upside, just a stone's throw from the lake. Live in one unit and rent the other, or maximize your cash flow by leasing both!
Location
State TX
County Comal
Area 2603
Rooms
Family Room 14X14
Master Bathroom Tub Only
Master Bedroom Upstairs
Kitchen 10X10
Interior
Heating 3+ Units
Cooling 3+ Window/Wall
Flooring Carpeting,Laminate
Inclusions Washer Connection,Dryer Connection,Dishwasher
Exterior
Parking Features Detached,None/Not Applicable
Pool None
Amenities Available None
Roof Type Metal
Private Pool N
Building
Story 2+
Foundation Slab
Sewer Septic
Water Co-op Water
Schools
Elementary Schools Startzville
Middle Schools Mountain Valley
High Schools Canyon Lake
School District Comal
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash