2 bed, 1 bath, 1,736 sqft on 1.51 acres in Canyon Lake. Canyon Lake, TX 78133. $399,500. Comal ISD.
About This Home
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.
- Property Type
- Residential
- Year Built
- 1978
- Lot Size
- 1.51 acres
- Price / Sq Ft
- $230
Listing information last updated October 6, 2026.
Listed by Sullivan Hill Country Properti
MLS# 1998173 • Pending
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Beamed Ceilings
- Open Floorplan
- Exhaust Fan
- Electric Oven
- Free-Standing Range
- Laminate
- Heating
- Central,Electric,Fireplace(s),Hot Water
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 1
Exterior & Lot
- Boat Ramp
- Concrete
- Hardi
- Plank Type
- Cement Siding
- Landscaped
- Trees-Heavy
- Views
- Fenced
- Pillar
- Post
- Pier
- Deck
- Wrap Around
- Roof
- Metal
- Lot Size
- 1.51 Acres
- Waterfront
Financial
- Original List Price
- $450,000
- Price per Sq Ft
- $230
Utilities
- Electricity Connected
- Sewer Available
- Water Connected
- Water Source
- Public
- Sewer
- Aerobic Septic,Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 785 Park SHRS, whoever represented it.
- PendingListed 2026Current price: $399,500Original list: $450,000MLS 1998173
- Listed · July 9, 2026$450,000
- Price changed · August 3, 2026$430,000
- Price changed · September 2, 2026$399,500
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $399,500
- Original list
- $450,000
- Price movement
- $50.5K reduction
- Listed / DOM
- Jul 9, 2026 · 85 days
Zoned Schools
Comal ISD
Canyon Lake
Mountain Valley Middle
Rebecca Creek
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
Keenan Market Position
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 16, 2026.
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