#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 20245 bed, 4 bath, 3,502 sqft on 5.05 acres in Canyon Lake. Canyon Lake, TX 78133. $924,000. Comal ISD.
2 HOMES + 60x40 WORKSHOP + ~5 ACRES OF FRESH AIR = the ultimate TX Hill Country family compound! Welcome to this one-of-a-kind property on 5.05 acres in desirable Eden Ranch. Offering 3,502 total sq. ft. of living space between TWO homes plus a 60x40 sq. ft. workshop, this property is ideal for multigenerational living, rental income, a home-based business, or private Hill Country retreat. The beautifully renovated 2,302 sq. ft. main home offers 3 bedrooms, 2 baths + flex space, an oversized 3-car garage, attached carport, and abundant storage. Just a short stroll away, the 1,200 sq. ft. barndominium offers 2 bedrooms and 2.5 baths—perfect for family, guests, or rental income. An additional shed with electricity provides extra storage or hobby space. A charming walking trail connects the homes. Imagine the grandbabies running down the path to GMa & GPa's house while everyone still enjoys their own space! Each residence has its own private electric gated entrance, well, septic system, and electric meter—an incredibly rare setup offering unmatched flexibility. A 2,500–3,000 gallon water storage tank adds even more practicality. Outside city limits means low property taxes and minimal monthly utility expenses. The 60x40 workshop/barn has its own electric meter and endless possibilities—equipment storage, hobby farming, animal stalls, or future expansion. Eden Ranch offers minimal restrictions, and livestock is welcome, including horses and cattle up to one head per acre. (No hogs or pigs.) And the location? Hard to beat! Approximately 15 min to Gruene Hall, Creekside Shopping & Dining, and Canyon Lake Dam; 17 minutes to Wimberley; 21 minutes to Downtown New Braunfels; and 23 minutes to TXST University. Whether you’re dreaming of a family compound, rental income, a home-based business, or simply spreading out under the Texas sky, this property offers a rare opportunity to do it all. TWO HOMES. 5 ACRES. A MASSIVE WORKSHOP. INDEPENDENT UTILITIES. HILL COUNTRY LIVING.
Listing information last updated September 25, 2026.
Listed by Keller Williams Heritage
MLS# 1324539 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Verified property facts
123 Elk RDG is listed at $924,000 with 5 bedrooms, 4 full, 1 half bathrooms, 3,502 square feet, 5.05-acre lot.
123 Elk RDG 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.
123 Elk RDG is a Residential built in 1995 featuring 5 bedrooms, 4 full, 1 half bathrooms, 3,502 square feet, 5.05-acre lot.
The most recent annual property tax for 123 Elk RDG is $11,000. 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.
This page does not assume a mortgage rate or publish a monthly payment for 123 Elk RDG. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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1 record on file
Every recorded listing, sale, and lease at 123 Elk RDG, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed 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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($185K)
Adjustable assumption - not a lending recommendation.
$924,000
Luxury property intelligence
A sourced read on Canyon Lake pricing, timing, and property scale. No automated valuation claim.
List price
$924,000
Price per sqft
$264/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
8 days
Original to current
No verified reduction
$924K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 2, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 2, 2026, 123 Elk RDG is offered at $924,000. The current MLS snapshot shows 96 active listings in 78133. Keenan Group has completed 3 verified transactions in 78133 within its 1,000+ completed transactions and $1B+ career volume across Austin.
123 Elk RDG was built in 1995 (31 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
1 event on record
Current Price
$924,000
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.
| Address | Offered At |
|---|---|
| 172 Rachel Dr | $850K |
| 2159 Triple Peak Dr | $1.10M |
| 1460 O C Trout Dr | $1.00M |
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