5 bed, 2 bath, 2,551 sqft on 5.31 acres in Canyon Lake. Canyon Lake, TX 78133. $995,000. Comal ISD.
About This Home
Welcome to Fawn Trl. A unique unrestricted 5+ acre property (no HOA). A RARE find in the Canyon Lake area. Excellent location at the end of the cul-de-sac where PRIVACY and amazing Views abound! Circle drive with inviting landscape beds! Fenced back yard area, great for pets! Natural Light is abundant to this home as grand living area with a wall of windows, panoramic views of the hill country and lake. This is a Flex Listing, which means it is an MLS Exclusive. Currently the home will not be on Homes_com, Zillow or other public sites. So as a buyer you have exclusivity from other buyers to view the home, ask questions, and in making offers.
At 798 Fawn Trail in Canyon Lake's Morriwoods Ranch, a 5.31-acre hilltop perch delivers the kind of panoramic Hill Country and lake views that define why people move to the Texas Hill Country. The home sits at the end of a private cul-de-sac with zero HOA restrictions, which means you own the land and the vista outright.
The view is engineered into the architecture itself. A wall of floor-to-ceiling windows spans the main living area, oriented directly toward the expanse of open Hill Country landscape. Vaulted ceilings and coffered ceiling details amplify the sense of height and openness, making you feel suspended above the terrain rather than sitting within it. Morning light floods through these windows from sunrise; evening light lingers across the panorama as the day settles. This isn't a view you glance at from one room. It's a constant presence that reshapes how you experience the home.
The deck extends this orientation outward. Standing on the deck, you're completely exposed to those panoramic vistas while remaining sheltered. The 5.31 acres of medium-sized trees frame the views without obscuring them, creating natural edges that make the landscape feel both infinite and curated by nature itself.
Inside, the 2,551-square-foot floor plan maximizes natural light through the window strategy. Beamed ceilings, granite counters, and track lighting create a contemporary interior that doesn't compete with what's happening outside. A primary bedroom on the main floor, home office, and five bedrooms give the home practical living space, but the real amenity is the land and the sight lines.
The Canyon Lake location puts you 45-50 minutes from downtown Austin and reasonable commute range to major employers, yet the property feels entirely removed from that world. The Comal ISD school district serves the area through Startzville Elementary, Mountain Valley Middle, and Canyon Lake High, with solid academic ratings. The surrounding landscape is genuine Hill Country terrain, not subdivided lots.
At $470 per square foot on 5.31 acres, this is land-value pricing in a market where unrestricted acreage near water views rarely becomes available. The private cul-de-sac location, combined with the fenced yard and RV hookup, adds practical privacy layers. This property trades proximity for panorama, and for the right buyer, that calculation tips decidedly in favor of owning the view.
The numbers behind this insight
- Offered at
- $995,000
- Listed
- March 27, 2026
- Price changes
- 1, down 17.1% from $1,200,000
- Asking price per sq ft
- $390
- Property Type
- Residential
- Year Built
- 1985
- Lot Size
- 5.31 acres
- Price / Sq Ft
- $390
- Garage
- 3 spaces
Listing information last updated July 29, 2026.
Listed by eXp Realty, LLC
MLS# 6723957 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bookcases
- Breakfast Bar
- Ceiling Fan(s)
- Beamed Ceilings
- Coffered Ceiling(s)
- Ceiling-High
- Ceiling-Vaulted
- Granite Counters
- Crown Molding
- Interior Steps
- Primary Bedroom on Main
- Study
- Home Office
- Track Lighting
- Walk-In Closet(s)
- Built-In Oven(s)
- Dishwasher
- Disposal
- Dryer
- Electric Cooktop
- Microwave
- Oven
- Refrigerator
- Self Cleaning Oven
- Stainless Steel Appliance(s)
- Washer
- Electric Water Heater
- Tile
- Wood
- Heating
- Central,Electric
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Rain Gutters
- Private Yard
- RV Hookup
- Masonry – All Sides
- Trees-Medium (20 Ft - 40 Ft)
- Chain Link
- Fenced
- Slab
- Deck
- Roof
- Metal
- Lot Size
- 5.31 Acres
- Attached
- Detached
- Garage Door Opener
- Garage Faces Front
- Garage Spaces
- 3
Financial
- Original List Price
- $1,200,000
- Price per Sq Ft
- $390
Utilities
- Electricity Available
- High Speed Internet
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 798 Fawn TRL, whoever represented it.
- ActiveListed 2026Current price: $995,000Original list: $1,200,000MLS 6723957
- Listed · March 27, 2026$1,200,000
- Price changed · May 28, 2026$995,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listed with current price, original ask, and market time.
- Current list
- $995,000
- Original list
- $1,200,000
- Price movement
- $205K reduction
- Listed / DOM
- Mar 27, 2026 · 210 days
Zoned Schools
Comal ISD
Canyon Lake
Mountain Valley Middle
Startzville
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% ($199K)
Adjustable assumption - not a lending recommendation.
$995,000
Luxury property intelligence
Keenan Market Position
A sourced read on Canyon Lake pricing, timing, and property scale. No automated valuation claim.
List price
$995,000
Price per sqft
$390/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
210 days
Original to current
$205K reduction
$1.2M 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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