420 SIMON CREST, CANYON LAKE, TX 78133

Homes for sale in Canyon Lake.

Homes for sale in 78133.


420 Simon Crest

Canyon Lake, TX 78133

Active

List Price$1,950,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #1918319

Commercial

Type

About This Property

The Container Retreat is a waterfront lodging investment with strong upside potential. This 27-unit, 6,300 SF property sits on 3.787 acres in a quiet, neighborhood overlooking a Canyon Lake cove. Built in 2022, the unit mix includes 9 one-bedroom/one-bath studios with patios at 180 SF each, 9 one-bedroom/one-bath units with patios at 360 SF each, and 9 one-bedroom/one-bath efficiencies at 150 SF each. The property currently operates with short-term and long-term rentals in place, generating ADRs between $100 - $200with a current occupancy of 33%. Investors will appreciate the pricing metrics, including $72,222.22/door and $309.52/sf, along with notable opportunity to increase revenue and occupancy through enhanced operations. Designed for efficient hospitality use, the property features ductless mini-split HVAC systems, individual septic systems per unit (19 active), a water storage tank with delivery service, and a shared laundry room equipped with washers, dryers, and a community ice machine. Security and privacy are enhanced with fencing on three sides, dual gated entrances, and a zero-lumens nighttime environment that preserves the surrounding Hill Country stargazing experience. Located within Comal County, this property offers convenient access to recreation, dining, and popular Canyon Lake amenities while still delivering the peaceful and remote atmosphere guests seek. Turnkey, income-producing, and ready for scale. An excellent opportunity for both hospitality and rental portfolio investors! Schedule your private showing today!

Listing Courtesy of Jonathan Rebaldo, Keller Williams City-View (210) 887-1081

Property Features

Location Information

County

Comal

MLS Area

2607

Exterior Features

Construction

Wood, Metal, Metal Structure, Other

Lot Size in Sq. Ft.

8,460

Foundation

Slab

Zoning

COMMERCIAL

Roof

Metal, Other

Loading Facilities

None

Utilities

Electricity, Water, Septic

School

School District

Comal

Additional Information

Property Type

COM

Status

Active

Property SubType

Multi-Use

Documents Available

Survey, Other

Similar Listings

Mortgage Calculator

$9,106

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$7,026

Monthly Tax

$1,625

Monthly Insurance

$455

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

Real Estate IDX Powered by iHomefinder