— bed, — bath on 0.87 acres in Canyon Lake. Canyon Lake, TX 78133. $689,000.
About This Home
Canyon Lake Fourplex Investment Opportunity: Owner-agent is considering the sale of one fourplex within an existing three-building multifamily property and will also consider selling all three buildings. Seller financing may be available to a qualified buyer with good credit, a substantial down payment, and market-rate terms.
This is an excellent opportunity for a first-time multifamily investor seeking a manageable entry into real estate investing. The property is located near Canyon Lake, surrounded by Hill Country parks, hiking and biking trails, boating, fishing, swimming areas, the Guadalupe River, and the scenic Canyon Dam. Restaurants, shopping, live entertainment, Gruene, and New Braunfels are also within convenient driving distance.
Residents may enjoy an optional membership in the nearby community clubhouse and swimming pool, both offering attractive lake views, through an easy and affordable HOA arrangement.
Canyon Lake is full again, strengthening the area’s recreational appeal and desirability for residents. The property offers multiple rental units under one roof, helping diversify income and reduce the impact of a single vacancy.
For anyone who has considered owning a small multifamily investment, this is a practical way to get started. The seller is willing to help the buyer understand the operation and transition the systems used for leasing, rent collection, bookkeeping, maintenance coordination, and tenant management. This guidance and support can make the process much easier for a novice investor while providing a foundation for long-term success.
- Property Type
- Commercial Sale
- Year Built
- 1999
- Lot Size
- 0.87 acres
Listing information last updated October 19, 2026.
Listed by RE/MAX GATEWAY
MLS# 4751844 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Vinyl
- Heating
- Central,Electric
- Cooling
- Central Air,Electric
Exterior & Lot
- Frame
- Hardi
- Plank Type
- Slab
- Lot Size
- 0.87 Acres
- Assigned
- Common
- Open
- Outside
- Parking Lot
- Paved
Financial
- Original List Price
- $699,000
Utilities
- Underground Utilities
- Water Source
- Public
Transaction History
2 records on file
Every recorded listing, sale, and lease at 3640 FM 2673 Unit #C 1-4, whoever represented it.
- ActiveListed 2026Current price: $689,000Original list: $699,000MLS 8317525
- Listed · July 29, 2026$699,000
- Price changed · October 19, 2026$689,000
- ActiveListed 2026Current price: $689,000Original list: $699,000MLS 4751844
- Listed · July 29, 2026$699,000
- Price changed · October 19, 2026$689,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $689,000
- Original list
- $699,000
- Price movement
- $10K reduction
- Listed / DOM
- Jul 29, 2026 · 86 days
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($138K)
Adjustable assumption - not a lending recommendation.
$689,000
Luxury property intelligence
Keenan Market Position
A sourced read on Canyon Lake pricing, timing, and property scale. No automated valuation claim.
List price
$689,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
86 days
Original to current
$10K reduction
$699K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 19, 2026.
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