1151 Fawn Valley, Canyon Lake, Texas

$1,150,000
Active
1151 Fawn Valley, Canyon Lake, Texas
1151 Fawn Valley, Canyon Lake, Texas
1151 Fawn Valley, Canyon Lake, Texas
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Property Details

MLS ID: 9850636
Status: Active
Price: $1,150,000
Acres: 20.58±
Type: Mobile Home, Farm, Land
Address: 1151 Fawn Valley
City, State: Canyon Lake, TX
County: Comal County
ZIP Code: 78133
Lat/Long: 29.95004, -98.27191
Parcel Number: 78649
Bedrooms: 16
Bathrooms: 13
SqFt: 4,412
Year Built: 1986

Description

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 long-term upside. Spanning 20.58 unrestricted acres, it delivers a rare combination of natural beauty, development flexibility, and strong cash-flow potential. Potters Creek forms the entire southern border, creating a private, scenic natural boundary, while a well-fed pond welcomes you at the entrance. The included half-acre lot in Rocky Creek Ranch adjoins the main acreage and provides a valuable 2" Texas Water Company line—an infrastructure advantage that enhances future expansion or redevelopment options. With the ability to subdivide or extend existing improvements, the land is the foundation for endless investment possibilities.

Currently operated as a mobile home park with long- and short-term rentals, you’ll have the advantage of turnkey cash flow from day one. 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 with consistent rental demand. A 20×60 equipment building, 12×20 building, and 10×20 carport with storage add operational convenience, while (9) 200-amp meter loops support continued growth.

Fencing on three sides, well-kept grounds, and lake views from the two-story home add to the property’s appeal. The location offers another key advantage: Canyon Lake remains one of Texas’ most desirable recreational markets, attracting steady tourism, year-round renters, and long-term residents seeking proximity to the lake and top Hill Country amenities. Strong rental demand and easy access to San Antonio, New Braunfels, and major corridors make this an ideal investor-focused opportunity.

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.

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Stephanie Reutzel

Stephanie Reutzel

Capitol Ranch Real Estate, LLC

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Capitol Ranch Real Estate, LLC
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© 2026 Austin Board of REALTORS® Based on information submitted to the MLS GRID as of March 18, 2026 at 12:00:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By: Tricia Keith of Keller Williams Realty - (830) 330-0015