2 bed, 2 bath, 1,561 sqft on 0.15 acres in Canyon Lake. Canyon Lake, TX 78133. $799,000. Comal ISD.
About This Home
Welcome home to storybook living on the Guadalupe River in Canyon Lake. This charming waterfront retreat offers an open single-story floor plan with approximately 1,561 sq. ft., featuring 2 bedrooms, 2 bathrooms, 2 living areas, 1 dining area, a climate-controlled sunporch, 1-car carport, parking for 3 vehicles and accommodations for up to 8 guests. Filled with natural light and beautiful river views, the home is offered furnished, creating a turnkey opportunity for personal enjoyment, vacation use or income-producing investment. Step outside to an exceptional riverfront setting. Multiple stone terraces and decks overlook the Guadalupe River, providing ideal spaces for entertaining and relaxing. Enjoy evenings around the fire pit, outdoor dining by the water, grilling on the gas barbecue or simply unwinding with coffee while listening to the river flow. A unique observation deck wraps around a majestic cypress tree and provides a spectacular place to enjoy the scenery. This property has a proven history as a successful VRBO vacation rental, earning a 9.8 Exceptional rating from 176 reviews while generating: 2022:$101K+, 2023:$80K+, 2024:$70K+, 2025:$41K+(closed 3 months for repairs). Financial information and a link to the listing are available on the property website. Ideally located near Canyon Lake and some of the Texas Hill Country’s most popular attractions, owners and guests enjoy convenient access to The Horseshoe, Whitewater Amphitheater, New Braunfels, Schlitterbahn, Heritage Museum of the Texas Hill Country, Texas Ski Ranch, the Comal River, Gruene, Wimberley and Driftwood. Outdoor enthusiasts can spend their days canoeing, kayaking, tubing, swimming, fishing, jet skiing, water skiing, hiking or biking before returning home to rinse off in the outdoor shower and relax beneath a canopy of stars. Rarely does a Guadalupe River property combine charm, recreation, income potential and an outstanding Hill Country location so beautifully.
The Guadalupe River flows directly past 1728 Rocky River in Canyon Lake subdivision, placing you on the water rather than simply near it. This 1,561 square foot, 2-bedroom retreat sits on 0.15 acres of heavily treed landscape with mature cypress and oak, creating a canopy that filters light through the home's cathedral ceilings and recessed fixtures. The property was built in 1978 with masonry construction on all sides, lending durability to a structure now positioned as a turnkey investment that has generated over $101,000 in annual vacation rental income.
The journey in reveals multiple outdoor living spaces that define the experience here. Stone terraces and decks wrap around the property, with an observation platform built around a majestic cypress tree. A fire pit anchors evening gatherings while river views remain constant from the front porch, rear porch, and covered patios. The gas barbecue and outdoor shower connect directly to the home's infrastructure, removing the gap between indoor comfort and outdoor living.
Inside, the open floor plan spans two living areas separated by a kitchen island with granite counters and stainless steel appliances including a gas range and dishwasher. The primary bedroom occupies the main floor with a walk-in closet, while the second bedroom provides flexibility for guests or overflow. Tile and concrete flooring throughout handle moisture from the hill country climate, and a climate-controlled sunporch extends the usable square footage without adding formal bedrooms.
The lot itself isolates you from suburban density despite proximity to Canyon Lake's attractions. The Horseshoe entertainment complex, Whitewater Amphitheater, and tubing access on the Comal River lie within 20 minutes. New Braunfels' Schlitterbahn and the Texas Ski Ranch remain easy drives for weekend recreation. Locally, Gruene and Wimberley offer dining and shopping without requiring a commute through urban corridors.
Canyon Lake Independent School District serves the area through Mountain Valley Elementary and Middle School, with Canyon Lake High School for secondary education. The 1-car carport accommodates primary parking while the property supports up to 3 vehicles total. Priced at $899,000 (576 per square foot), the home's documented VRBO history and furnished turnkey status create immediate appeal for those seeking either personal sanctuary or income-producing vacation rental operations on one of the Hill Country's most desirable waterfront locations.
The numbers behind this insight
- Offered at
- $799,000
- Listed
- May 22, 2026
- Price changes
- 2, down 11.1% from $899,000
- Asking price per sq ft
- $512
- Property Type
- Residential
- Year Built
- 1978
- Lot Size
- 0.15 acres
- Price / Sq Ft
- $512
- Garage
- 1 spaces
Listing information last updated October 22, 2026.
Listed by Keller Williams - Lake Travis
MLS# 2839522 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling Fan(s)
- Cathedral Ceiling(s)
- Ceiling-High
- Granite Counters
- Tile Counters
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Natural Woodwork
- Open Floorplan
- Primary Bedroom on Main
- Recessed Lighting
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Dryer
- Gas Range
- Microwave
- Electric Oven
- Free-Standing Gas Range
- Free-Standing Refrigerator
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Washer
- Water Heater
- Concrete
- Tile
- Heating
- Central
- Cooling
- Ceiling Fan(s),Central Air,Exhaust Fan
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Gutters Full
- Lighting
- Private Yard
- Masonry – All Sides
- Landscaped
- Level
- Private
- Trees-Heavy
- Trees-Large (Over 40 Ft)
- Many Trees
- Views
- Fenced
- Privacy
- Wood
- Wrought Iron
- Slab
- Covered
- Deck
- Front Porch
- Patio
- Porch
- Rear Porch
- Roof
- Composition
- Lot Size
- 0.15 Acres
- Carport
- Garage Spaces
- 1
- River Front
Financial
- Original List Price
- $899,000
- Price per Sq Ft
- $512
Utilities
- Cable Connected
- Electricity Connected
- High Speed Internet
- Natural Gas Connected
- Sewer Connected
- Underground Utilities
- Water Connected
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1728 Rocky RIV, whoever represented it.
- ActiveListed 2026Current price: $799,000Original list: $899,000MLS 2839522
- Listed · May 22, 2026$899,000
- Price changed · August 19, 2026$849,000
- Price changed · October 21, 2026$799,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $799,000
- Original list
- $899,000
- Price movement
- $100K reduction
- Listed / DOM
- May 22, 2026 · 154 days
Zoned Schools
Comal ISD
Canyon Lake
Mountain Valley Middle
Mountain Valley
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% ($160K)
Adjustable assumption - not a lending recommendation.
$799,000
Luxury property intelligence
Keenan Market Position
A sourced read on Canyon Lake pricing, timing, and property scale. No automated valuation claim.
List price
$799,000
Price per sqft
$512/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
154 days
Original to current
$100K reduction
$899K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 22, 2026.
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