#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
2 bed, 1 bath, 1,736 sqft on 1.51 acres in Canyon Lake. Canyon Lake, TX 78133. $399,500. Comal ISD.
Calling all investors and visionaries! This 2-bedroom, 1 bath WATERFRONT property on 1.51 ACRES is full of potential and ready for its next chapter. This home has good bones just needs cosmetic and updating. Open Concept with vaulted ceiling, wood burning fireplace, sliding glass doors on 2 sides leading out to deck for your morning cup of coffee. Untapped potential for additional square footage at ground level/walk out and the convenience of being located right next to boat ramp 22, making lake access quick and easy for boating, fishing and water recreation. This fixer upper offers an incredible opportunity to renovate, remodel or create the waterfront retreat you've always envisioned. Whether you're looking for your next investment project, vacation getaway or future primary residence, the possibilities are endless. Bring your imagination and make this diamond in the rough shine. Don't miss the chance to own waterfront property with stunning views at an exceptional value.
Listing information last updated September 2, 2026.
Listed by Sullivan Hill Country Properti
MLS# 1998173 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Verified property facts
785 Park SHRS is listed at $399,500 with 2 bedrooms, 1 full bathrooms, 1,736 square feet, 1.51-acre lot.
785 Park SHRS is zoned for Comal ISD with assigned schools: Rebecca Creek (elementary), Mountain Valley Middle (middle), Canyon Lake (high). School assignments should be verified directly with the district.
785 Park SHRS is a Residential built in 1978 featuring 2 bedrooms, 1 full bathrooms, 1,736 square feet, 1.51-acre lot.
The most recent annual property tax for 785 Park SHRS is $7,177. 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.
This page does not assume a mortgage rate or publish a monthly payment for 785 Park SHRS. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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1 record on file
Every recorded listing, sale, and lease at 785 Park SHRS, 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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($80K)
Adjustable assumption - not a lending recommendation.
$399,500
Luxury property intelligence
A sourced read on Canyon Lake pricing, timing, and property scale. No automated valuation claim.
List price
$399,500
Price per sqft
$230/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
85 days
Original to current
$50.5K reduction
$450K 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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#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 2, 2026, 785 Park SHRS is offered at $399,500. 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.
785 Park SHRS was built in 1978 (48 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 785 Park SHRS as waterfront. The reported waterfront feature is Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
3 events on record
Current Price
$399,500
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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