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1151 Fawn Valley Dr

Canyon Lake, TX 78133
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Acres

Acres (Lot)

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Positioned in one of the fastest-growing lake communities in the Hill Country, this unique property offers an exceptional investment opportunity with immediate income and significant long-term upside. Spanning 20.58 unrestricted acres, this versatile property delivers a rare combination of natural beauty, development flexibility, and strong cash-flow potential. Potters Creek lines the entire southern border, creating a private and scenic natural boundary, while a well-fed pond welcomes you at the entrance. The included half-acre lot in Rocky Creek Ranch directly adjoins the main acreage and provides a valuable 2" water line from Texas Water Company-an infrastructure advantage that enhances future expansion or redevelopment options. With the ability to subdivide into smaller tracts or exten d the existing improvements, the land itself is the foundation for endless investment possibilities. Currently operated as a mobile home park with long and short-term rentals, you'll have the rare advantage of turnkey cash flow from day one. The thoughtfully maintained improvements include (1) double-wide residence, (6) single-wide homes, a 240 sqft rental cabin, and an additional 240 sqft unit ready for completion-all in excellent condition and generating consistent rental demand. A 2060 equipment storage building, 1220 building, and 1020 carport with storage add operational convenience, while (9) 200-amp meter loops support continued growth. Fencing on three sides, well-maintained grounds, and lake views from the top of the two-story home all add to the property's appeal. Location is another key value driver. Situated in the city of Canyon Lake-one of Texas' most desirable recreational markets-this area attracts steady tourism, year-round renters, and long-term residents seeking proximity to the lake and other Hill Country amenities. The strong short-term rental demand, combined with easy access to San Antonio, New Braunfels, and major regional corridors, makes this the ideal market for investor-focused properties. The options are wide open: continue operating the established rental model, expand with additional units, or pursue a complete redevelopment that maximizes the acreage's prime location. Don't miss this exceptional opportunity! *Rental units are currently occupied; please do not disturb tenants*

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Detail Ic Property Details

Property Type : Farm/Ranch

Price : $1,150,000

AD Id : 70600602

MLS Id : 1927110

Beds : 16

County : Comal

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Feature Features

  • Bedroom Information

    Total Bedrooms: 16 Master Bedroom Dimensions: 12 x 12 Master Bedroom Width: 12 Bedroom 2 Dimensions: 12 x 12 Bedroom 3 Dimensions: 12 x 12 Bedroom 4 Dimensions: 12 x 12 Bedroom 5 Dimensions: 12 x 12

    Bathroom Information

    Half Baths: 0

  • Building Information

    Year Built: 2017

  • Listing Price Information

    Original List Price: $1,150,000

  • Tax Information

    Parcel Number: 740452011200

  • School Information

    Elementary School: Rebecca Creek Junior High School: Mountain Valley Senior High School: Canyon Lake School District: Comal
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
102 Cliffwood, Canyon Lake, TX, 78133 $79,900 -- -- 17,040 0.39 Acre(Lot)
112 Sendera Way, Canyon Lake, TX, 78133 $118,000 -- -- -- 1.09 Acres(Lot)
283 Bluebonnet Breeze, Canyon Lake, TX, 78133 $85,000 -- -- -- 0.77 Acre(Lot)
2118 Alto Lago, Canyon Lake, TX, 78133 $133,000 -- -- -- 1.81 Acres(Lot)
985 Oblate Dr, Canyon Lake, TX, 78133 $118,000 -- -- -- 1.16 Acres(Lot)
1001 Oblate Dr, Canyon Lake, TX, 78133 $118,000 -- -- -- 1.23 Acres(Lot)
340 Ledgeview Dr, Canyon Lake, TX, 78133 $69,000 -- -- -- 0.24 Acre(Lot)
1750 Skyline Dr, Canyon Lake, TX, 78133 $310,000 -- -- -- 4.19 Acres(Lot)
LOT 74 Paradise Parkway, Canyon Lake, TX, 78133 $285,000 -- -- -- 1 Acre(Lot)
1050 Deer Run Pass, Canyon Lake, TX, 78133 $40,000 -- -- -- 0.46 Acre(Lot)

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of SABOR MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 SABOR MLS. All rights reserved.

ByOwner last updated this listing 06/23/2026 @ 08:19

MLS: 1927110 LISTED BY: Tricia Keith, Keller Williams Realty 830-330-0015 SOURCE: SABOR - San Antonio

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