1151 FAWN VALLEY DRIVE, CANYON LAKE, TX 78133
Homes for sale in Canyon Lake.
Homes for sale in 78133.
1151 Fawn Valley Drive
Canyon Lake, TX 78133
List Price$1,150,000
Listing #600093
4,412
Square Feet
Farm
Type
About This Property
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 extend 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*
Property Features
Location Information
County
Comal
Directions
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.
Interior Features
Interior
Other, See Remarks
Floors
Carpet, Laminate
Fireplace Description
Other, See Remarks
Laundry
Other, See Remarks
Heating
Central, Electric
Appliances
Other, See Remarks
Cooling
Central Air, Electric
Exterior Features
Style
Manufactured Home, Other, See Remarks, Mobile Home
Fencing
Partial
Stories
1
Topography
Rolling
Construction/Exterior
Vinyl Siding
Lot Size in Acres
20.58
Exterior
Storage
Water Body
Creek-Seasonal, Pond/Stock Tank
Foundation
Pillar/Post/Pier
Has Waterfront
No
Possession
Closing & Funding, Closing
View
Pond, Creek/Stream, Seasonal View
Water / Sewer
Septic Tank
Is One Story
Yes
School
School District
Comal ISD
Additional Information
Roof/Attic
Composition, Shingle
Year Built
1986
Property Type
FRM
Status
Active
Property SubType
Mobile Home
Square Feet Source
Appraiser
Property SubType 2
Farm
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Mortgage Calculator
$5,370
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$4,144
Monthly Tax
$958
Monthly Insurance
$268
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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