
3 bed, 2 bath, 2,688 sqft on 0.33 acres in Canyon Lake. Canyon Lake, TX 78133. $1,199,000. Comal ISD.
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.
Verified property facts
2550 Colleen DR is listed at $1,199,000 with 3 bedrooms, 2 full, 1 half bathrooms, 2,688 square feet, 0.33-acre lot. This places it above the ZIP 78133 single-family closed-sale median price of $1,050,000 (ZIP 78133 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 2, 2026).
2550 Colleen DR 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.
2550 Colleen DR is a Residential built in 2014 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,688 square feet, 0.33-acre lot.
The most recent annual property tax for 2550 Colleen DR is $17,700. 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.
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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
1 record on file
Every recorded listing, sale, and lease at 2550 Colleen DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change 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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-02T16:12:10.046+00:00; normalized from annual dues.
20% ($240K)
Adjustable assumption - not a lending recommendation.
$1,199,000
Luxury property intelligence
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List price
$1,199,000
Price per sqft
$446/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
200 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 2, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 2550 Colleen DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 2, 2026, 2550 Colleen DR is offered at $1,199,000. 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.
The MLS listing marks 2550 Colleen DR as waterfront. The reported waterfront feature is Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $24 annual for 2550 Colleen DR. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
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.
| Address | Offered At |
|---|---|
| 172 Rachel Dr | $850K |
| 2159 Triple Peak Dr | $1.10M |
| 1460 O C Trout Dr | $1.00M |
3 events on record
Current Price
$1,199,000
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.
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