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

Status of the property has changed, please contact for details

List Price$1,150,000

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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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