3 bed, 2 bath, 2,688 sqft on 0.33 acres in Canyon Lake. Canyon Lake, TX 78133. $1,199,000. Comal ISD.
About This Home
Welcome to waterfront living at its finest in the desirable Canyon Lake Village West subdivision. Built by the well-known Outlaw Custom Homes, this stunning property combines quality craftsmanship, thoughtful design, and breathtaking views of Canyon Lake. With incredible water access and picturesque scenery, this home offers the perfect blend of relaxation and lakefront lifestyle. As you enter the home, you are immediately drawn to the open-concept design and expansive picture windows on the second floor that frame the sparkling lake views and fill the living space with natural sunlight. The spacious living area features a beautiful stone fireplace and custom built-in shelving, creating a warm and inviting space to gather with family and friends. The kitchen is designed for both style and function with granite countertops, ample cabinetry, and seamless flow into the living and dining areas-perfect for entertaining while enjoying the water views. Step outside onto the large balcony and take in the panoramic scenery of Canyon Lake, an ideal spot for morning coffee or evening sunsets. The primary suite is a private retreat, featuring its own balcony, a spacious bathroom with a walk-in shower, and a large walk-in closet. The main floor offers comfortable secondary bedrooms, each with beautiful water views and direct access to the covered patio, allowing guests or family members to enjoy the peaceful lake setting. The laundry room is conveniently located on the main floor for added functionality. Outdoor living truly shines here. A scenic pathway leads you down to the water, highlighted by beautifully crafted stone steps that provide easy access for lake activities, fishing, kayaking, or simply enjoying the shoreline. Welcome Home!
Waterfront is the defining advantage here, and 2550 Colleen Dr puts that position to work in Canyon Lake with direct access to the shoreline and broad lake-facing living spaces. In a Canyon Lake market where true water orientation and usable access matter more than generic proximity, this 0.329-acre homesite stands out for pairing the lot with a custom build from 2014, a practical 2,688-square-foot layout, and a price point of $1.20M, or $446 per square foot. It also sits within Comal ISD, with Mountain Valley Elementary, Mountain Valley Middle, and Canyon Lake High serving the property, which adds a clear school path for buyers weighing both lifestyle and long-term hold value.
The house is configured as a 3-bedroom, 2-bath, 1-half-bath single family residence with a 2-car garage, and the plan appears designed around the water rather than treating it as a secondary feature. The main living area is set up with an open second-floor layout, large picture windows, and a stone fireplace, which tells you the priority was view capture, natural light, and day-to-day livability. Built-in shelving and a connected kitchen with granite counters and substantial cabinetry support that same logic. This is not a floor plan that separates function from setting. It keeps the kitchen, dining, and living spaces in direct conversation with the lake.
The exterior spaces reinforce the value. A large balcony extends the main living level outward, while the primary suite adds its own private balcony and a bath layout centered on space and utility, including a walk-in shower and large closet. Secondary bedrooms on the main floor open directly to a covered patio and hold water views of their own, which matters because it spreads the location benefit beyond the primary suite and main entertaining area. That is a more durable layout decision than concentrating every premium feature into one room.
What gives this property real staying power is the combination of waterfront access, established custom construction, and a layout that consistently leverages the site. The stone steps and path to the water turn the lot into an active asset for lake use rather than a passive backdrop. With only one day on market, buyers are looking at a property that competes on position first, then backs it up with square footage, school alignment, and build quality that should continue to matter in Canyon Lake over time.
The numbers behind this insight
- Offered at
- $1,199,000
- Listed
- March 16, 2026
- Price changes
- 2
- Asking price per sq ft
- $446
- Property Type
- Residential
- Year Built
- 2014
- Lot Size
- 0.33 acres
- Price / Sq Ft
- $446
- HOA
- $24/year
- Garage
- 2 spaces
Listing information last updated October 1, 2026.
Listed by Sullivan Hill Country Properti
MLS# 6388723 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Double Vanity
- Eat-in Kitchen
- Ceiling-High
- Walk-In Closet(s)
- Built-In Oven(s)
- Cooktop
- Dishwasher
- Electric Water Heater
- Microwave
- Carpet
- Tile
- Wood
- Heating
- Central,Electric
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Stone
- Back Yard
- Sloped Down
- Views
- Back Yard
- Wrought Iron
- Slab
- Covered
- Deck
- Patio
- Roof
- Composition
- Lot Size
- 0.33 Acres
- Boat
- Garage
- Garage Door Opener
- Oversized
- RV Access
- Parking
- Garage Spaces
- 2
- Waterfront
Financial
- HOA Fee
- $24 / year
- Original List Price
- $1,198,000
- Price per Sq Ft
- $446
Utilities
- Above Ground
- Electricity Connected
- Phone Available
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer,Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 2550 Colleen DR, whoever represented it.
- ActiveListed 2026Current price: $1,199,000Original list: $1,198,000MLS 6388723
- Listed · March 16, 2026$1,198,000
- Price changed · May 8, 2026$1,149,000
- Price changed · July 19, 2026$1,199,000
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
- $1,199,000
- Original list
- $1,198,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 16, 2026 · 221 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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T23:07:37.535+00:00; normalized from annual dues.
20% ($240K)
Adjustable assumption - not a lending recommendation.
$1,199,000
Luxury property intelligence
Keenan Market Position
A sourced read on Canyon Lake pricing, timing, and property scale. No automated valuation claim.
List price
$1,199,000
Price per sqft
$446/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
221 days
Original to current
No verified reduction
$1.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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