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Turnkey Canyon Lake Retreat with STR Potential + Lake & Pool Access Discover the perfect blend of comfort, flexibility, and income potential in this beautifully maintained 2-bedroom, 2-bath home in Canyon Lake Acres. With short-term rentals allowed, this property is ideal as a full-time residence, weekend getaway, or high-performing investment. Step inside to an inviting open-concept layout that lives larger than its 1,014 sq. ft., featuring granite countertops throughout, custom soft-close maple cabinetry, and easy-to-maintain tilt-in windows. Every detail is designed for both style and function. Built with accessibility in mind, this home includes entrance ramps, wide doorways, and a spacious walk-in shower - making it comfortable and practical for a variety of lifestyles. Enjoy outdoor living at its best with a private fenced backyard, mature trees for shade and privacy and a deck perfect for entertaining -complete with an outdoor TV setup for relaxing evenings. Community perks include: Private lake access Private Neighborhood pool Peaceful, nature-filled setting Additional highlights: 1-car attached garage + lots of extra parking Durable slab foundation & composition roof Built in 2016 Located in desirable Hill Country Whether you're looking for a serene personal retreat or a smart investment property, this home checks all the boxes. Schedule your showing today, opportunities like this don't last long! Concessions are for closing costs, repairs, or fees.
Property Type
Residential
Year Built
2016
Lot Size
0.21 acres
$/Sq Ft
$251
HOA
$30/mo
Garage
4 spaces
Listed by Weichert, REALTORS - Corwin & Associates
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
1118 Lonesome is listed at $255,000 with 2 bedrooms, 2 full bathrooms, 1,014 square feet, 0.21-acre lot.
1118 Lonesome is zoned for Comal ISD with assigned schools: Mountain Valley (elementary), Mountain Valley Middle (middle), Canyon Lake (high). School assignments should be verified directly with the district.
1118 Lonesome is a Residential built in 2016 featuring 2 bedrooms, 2 full bathrooms, 1,014 square feet, 0.21-acre lot.
1118 Lonesome is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1118 Lonesome is $3,353. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.

Comal ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($51K)
$255,000
Luxury property intelligence
A sourced read on Canyon Lake Acres 1 pricing, timing, and property scale. No automated valuation claim.
List price
$255,000
Price per sqft
$251/sqft
Vs. Canyon Lake Acres 1 median
Not available
Days on market
56 days
Original to current
$24.9K reduction
$279.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($51,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1118 Lonesome is around $1,603 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $255,000, 1118 Lonesome is in the Canyon Lake Acres 1 market where there are currently 83 active listings in 78133. The Keenan Group has completed 3 transactions in 78133 as part of 1,000+ career sales totaling $1B+ across Austin.
1118 Lonesome was built in 2016, making it 10 years old with relatively recent construction.
1118 Lonesome includes verified waterfront access: Lake Privileges. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
1118 Lonesome is part of a managed community with HOA dues of $30 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$279,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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