Active Under Contract

1151 Fawn Valley Drive

Canyon Lake, TX 78133
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SqFt4,412

Sqft(Lot)

Acres20.58

Acres(Lot)

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. It 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 operating as a mobile home park with long- and short-term rentals, this property offers turnkey cash flow from day one. Well-maintained improvements include a double-wide, six single-wide homes, a 240 sq ft rental cabin, and another 240 sq ft unit nearly complete—all in excellent condition, generating solid rental demand. Additional amenities include a 20×60 equipment building, 12×20 building, 10×20 carport with storage, and nine 200-amp meter loops for future 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. Located in Canyon Lake—one of Texas’ top recreational areas—this site draws steady tourists, renters, and residents seeking lake and Hill Country amenities. High rental demand and easy access to San Antonio and New Braunfels make this a prime investment market. Contact for additional details or to schedule a tour. *Rental units are currently occupied; please do not disturb tenants*

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Detail Ic Property Details

Property Type : Farm

Price : $1,150,000

AD Id : 68184907

MLS Id : 600093

Lot Size : 20.58 Acres(Lot)

Living Area Size : 4,412

County : Comal

Subdivision: Landmark On St. Andrews Bay

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Feature Features

  • Interior Features

    Other, SeeRemarks
    Roof: Composition, Shingle
    Appliances: Other, SeeRemarks
    Laundry Features: Other, SeeRemarks
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric

  • Building Information

    Year Built: 1986
    Construction Materials: VinylSiding
    Stories: 1
    Private Pool: No
    View: Pond, CreekStream, SeasonalView
  • Exterior Features

    Exterior Features: Storage

  • Lot Information

    Lot Size Acres: 20.58

  • Listing Price Information

    Listing Price: $1150000
    Cash, Conventional

  • Tax Information

    Parcel Number: 78649 Tax Legal Desc: A-452 SUR- 4 M W POTTER, ACRES 20.0, SN1 TE14043; SN1 LAW1245552

  • Location Information

    Direction: Head west on FM 32 toward FM 484 S. Turn left onto FM 484 and continue for 2.6 miles. Turn right onto FM 306. After 0.7 miles, turn right onto Oak Meadows. Continue for 0.6 miles and Fawn Valley Dr will be on your right.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Fm 306, Canyon Lake, TX, 78133 $472,000 -- -- -- 5.09 Acres(Lot)
151 Eden Ranch Drive, Canyon Lake, TX, 78133 $425,000 -- -- -- Acres (Lot)--
638 Sierra Ridge, Canyon Lake, TX, 78133 $399,000 -- -- -- 5.05 Acres(Lot)
641 Rainbow Ridge, Canyon Lake, TX, 78133 $239,000 -- -- -- 1.06 Acres(Lot)
641 Rainbow Ridge, Canyon Lake, TX, 78133 $239,000 -- -- -- Acres (Lot)--
184 Jeanette Circle, Canyon Lake, TX, 78133 $250,000 -- -- -- 6.43 Acres(Lot)
678 Cannan Road, Canyon Lake, TX, 78133 $155,000 -- -- -- Acres (Lot)--
TBD Kings Drive, Canyon Lake, TX, 78133 $239,000 -- -- -- 5.05 Acres(Lot)
181 Spring Mountain Drive, Canyon Lake, TX, 78133 $159,000 -- -- -- 1.88 Acres(Lot)
505 Village Top, Canyon Lake, TX, 78133 $165,000 -- -- -- Acres (Lot)--

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the Central Texas MLS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2026 Central Texas MLS®. All rights reserved.

ByOwner last updated this listing 06/23/2026 @ 01:39

MLS: 600093 LISTED BY: Tricia Keith, Keller Williams Realty 512-448-4111 SOURCE: CTEXAS

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