4 bed, — bath, 3,600 sqft on 0.87 acres in Canyon Lake. Canyon Lake, TX 78133. $699,000. Comal ISD.
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.
Listing information last updated July 30, 2026.
Listed by RE/MAX GATEWAY
MLS# 8317525 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Verified property facts
3640 FM 2673 Unit #C 1-4 is listed at $699,000 with 4 bedrooms, 3,600 square feet, 0.87-acre lot.
3640 FM 2673 Unit #C 1-4 is zoned for Comal ISD with assigned schools: Startzville (elementary), Mountain Valley Middle (middle), Canyon Lake (high). School assignments should be verified directly with the district.
3640 FM 2673 Unit #C 1-4 is a Residential built in 1999 featuring 4 bedrooms, 3,600 square feet, 0.87-acre lot.
This page does not assume a mortgage rate or publish a monthly payment for 3640 FM 2673 Unit #C 1-4. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 2, 2026, 3640 FM 2673 Unit #C 1-4 is offered at $699,000. 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.
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2 records on file
Every recorded listing, sale, and lease at 3640 FM 2673 Unit #C 1-4, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline 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 2026-10-02T19:42:05.082+00:00; normalized from annual dues.
20% ($140K)
Adjustable assumption - not a lending recommendation.
$699,000
Luxury property intelligence
A sourced read on Canyon Lake pricing, timing, and property scale. No automated valuation claim.
List price
$699,000
Price per sqft
$194/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
65 days
Original to current
No verified reduction
$699K 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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The MLS listing reports HOA or association dues of $200 annual for 3640 FM 2673 Unit #C 1-4. 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.
| Address | Offered At |
|---|---|
| 172 Rachel Dr | $850K |
| 1460 O C Trout Dr | $1.00M |
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