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2551 Lakeshore Dr is the kind of property that rarely comes to market because it offers more than a home. It offers options. Set near the water with lake views and located just 1,000 feet from Boat Ramp 22, this unique property blends everyday comfort, exceptional utility, and real income-producing flexibility. The 2,525 square foot residence is paired with two fully finished, air-conditioned 1,200 square foot shops, bringing the property to nearly 5,000 square feet of finished space. With no HOA and short-term rentals allowed, the possibilities here are unusually wide. Whether envisioned as a private residence with supplemental rental income, a live-work setup, a hobbyist's dream, a storage-based revenue opportunity, or a multigenerational retreat, this property is designed to adapt. One shop is ideal for conversion into detached living quarters, premium toy storage, or a business space suited for uses such as woodworking, paint and repair, or other hands-on ventures. The second shop is attached and already outfitted with built-ins, making it immediately functional for storage, workspace, or operational use. Both feature bathrooms, HVAC, and 220 lines for serious capability. A 14-foot door and separate exterior RV parking with hookups add even more versatility for owners, guests, or rental use. Beyond its functional appeal, the lifestyle here is just as compelling. The outdoor living experience is thoughtfully elevated with remote shades that automatically retract in high winds, a Pioneer sound system running throughout the outdoor living areas, house, and shops, propane service, gas cooking, and a Generac generator servicing the home and both shops. This is not simply a lake-area property. It is a strategic opportunity for the buyer who wants lifestyle, freedom, and the kind of flexible real estate that can serve personal enjoyment and practical return at the same time.
Property Type
Residential
Year Built
2022
Lot Size
0.46 acres
$/Sq Ft
$594
Garage
4 spaces
Pool
Yes
Listed by Keller Williams Heritage
Verified property facts
2551 Lakeshore DR is listed at $1,500,000 with 3 bedrooms, 3 full, 2 half bathrooms, 2,525 square feet, 0.46-acre lot. This places it above the 78133 median of $1,050,000.
2551 Lakeshore 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.
2551 Lakeshore DR is a Residential built in 2022 featuring 3 bedrooms, 3 full, 2 half bathrooms, 2,525 square feet, 0.46-acre lot.
2551 Lakeshore DR 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 2551 Lakeshore DR is $11,637. 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
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
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.
20% ($300K)
$1,500,000
Luxury property intelligence
A sourced read on Canyon Lake Shores 1 pricing, timing, and property scale. No automated valuation claim.
List price
$1,500,000
Price per sqft
$594/sqft
Vs. Canyon Lake Shores 1 median
Not available
Days on market
39 days
Original to current
No verified reduction
$1.5M 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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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($300,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2551 Lakeshore DR is around $8,753 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,500,000, 2551 Lakeshore DR is in the Canyon Lake Shores 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.
2551 Lakeshore DR was built in 2022, making it 4 years old with relatively recent construction.
2551 Lakeshore DR includes verified waterfront access: See Remarks. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
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
$1,500,000
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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