For Sale
$3,250,000

420 Simon CrstCanyon Lake, TX 78133

17-Unit Lakeside Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 3.79-acre waterfront property in Canyon Lake, Texas, presents a unique investment opportunity. Boasting 17 rental units – nine studio units, nine one-bedroom units, and nine shipping containers – totaling 6,300 square feet, this property is ideally suited for short-term and long-term rentals. Built and renovated in 2022, the property features 18 buildings, including a community building with laundry facilities, and offers stunning lake views and private waterfront access. Amenities include five hot tubs, a community ice machine, communal fire pits, ample parking (27 spaces), boat and jet ski storage, and security cameras. The property is situated in a zero-lumens community, preserving the natural night sky. Its prime location between Austin and San Antonio makes it highly attractive to tourists and vacationers. The property also benefits from established local partnerships for boat rentals and guided tours, and offers undeveloped land with potential for value-add amenities. The wrought-iron fenced property includes a large communal area perfect for events. High-speed internet is provided via Ubiquity commercial equipment. This turnkey operation offers immediate income potential and significant upside for future development. The property's proximity to various attractions, including Gruene Hall, wineries, and public lake access points, further enhances its appeal. This is a rare opportunity to acquire a thriving, established business with significant growth potential in a highly desirable location.

Highlights

  • 3.79-acre waterfront property with 17 rental units (nine studios, nine one-bedrooms, and nine shipping containers) totaling 6,300 square feet in Canyon Lake, TX.
  • Built in 2022, the property features 18 buildings, including a community building with laundry facilities, five hot tubs, a community ice machine, and communal fire pits.
  • Amenities include 27 parking spaces, boat and jet ski storage, security cameras, and high-speed internet via Ubiquity commercial equipment.
  • Located in a zero-lumens community between Austin and San Antonio, offering stunning lake views and private waterfront access. Established partnerships for boat rentals and guided tours. Undeveloped land provides potential for future expansion.
  • Wrought-iron fenced property with a large communal area suitable for events. Prime location near Gruene Hall, wineries, and public lake access points.

Property Details for 420 Simon Crst

Property type
Specialty properties, Land
Square Feet
6,300 SF
Year Built/Renovated
2022/2022
Buildings
18
Lot Size (sq. ft)
165,092 SF
Units
17

Location Insight

City
Canyon Lake
County
Comal
State
Texas
Latitude
29.87879003
Longitude
-98.20658292
420 Simon Crst, Canyon Lake, Texas

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420 Simon Crst
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