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    1151 Fawn Valley Drive, Canyon Lake, TX 78133

    16beds
    --sqft
    Farm
    Built in ----
    20.58 Acres Lot
    $926,800 Zestimate®
    $--/sqft
    $2,087 Estimated rent

    Home value

    $926,800

    $880,000 - $973,000

    $2,087/mo

    Zestimate® history
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    $2,087/mo

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    $2,087/mo

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    What's special

    Positioned in one of the fastest-growing lake communities in the Hill Country, this unique property offers an exceptional investment opportunity w/ immediate income & long-term upside. Spanning 20.58 unrestricted acres, the property combines natural beauty, development flexibility, & strong cash-flow potential. Potters Creek lines the southern boundary, creating a private & scenic backdrop, while a well-fed pond is at the entrance. A half-acre lot in Rocky Creek Ranch adjoins the main acreage & provides a valuable 2" Texas Water Company line—an infrastructure advantage for future expansion or redevelopment. W/ the ability to subdivide or extend existing improvements, the land offers endless investment potential. Currently operated as a mobile home park w/ long & short-term rentals, the property delivers turnkey income from day one. Improvements include (1) double-wide residence, (6) single-wide homes, a 240 sqft rental cabin, & an additional 240 sqft unit ready for completion, all generating consistent demand. Additional features include a 20×60 equipment storage building, 12×20 building, 10×20 carport w/ storage, & (9) 200-amp meter loops supporting continued growth. Fencing on three sides, well-maintained grounds, & lake views enhance the appeal. Located in Canyon Lake, this prime recreational market attracts steady tourism, year-round renters, & long-term residents. W/ strong rental demand & easy access to San Antonio, Austin, & New Braunfels, the opportunities are wide open. Schedule a tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tricia Keith 830-330-0015,

    Keller Williams Realty

    Bought with:

    Agent Non-Member

    HLAOR Non Member Office

    Source: HLMLS as distributed by MLS GRID,MLS#: 175981MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 13
    • Full bathrooms: 13
    Features
    • Has fireplace: No

    Property

    Features
    • Fencing: Partial
    • Has view: Yes
    • View description: Hill Country
    • Waterfront features: Creek, Yes/Other
    Lot
    • Size: 20.58 Acres
    Details
    • Parcel number: 078649

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Farm
    Materials
    • Roof: Composition

    Utilities & green energy

    • Sewer: Septic Tank
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Canyon Lake

    Financial & listing details

    • Tax assessed value: $830,850
    • Annual tax amount: $4,055
    • Date on market: 12/26/2025
    • Electric utility on property: Yes
    • Road surface type: Dirt

    Price history

    DateEventPrice
    7/7/2026Sold--
    Source: HLMLS as distributed by MLS GRID #175981 Report a problem
    7/7/2026Pending sale$1,150,000
    Source: Central Texas MLS #600093 Report a problem
    6/29/2026Listed for sale$1,150,000
    Source: LERA MLS #1927110 Report a problem
    5/21/2026Pending sale$1,150,000
    Source: LERA MLS #1927110 Report a problem
    5/1/2026Contingent$1,150,000
    Source: Central Texas MLS #600093 Report a problem
    5/1/2026Pending sale$1,150,000
    Source: HLMLS as distributed by MLS GRID #175981 Report a problem
    12/8/2025Price change$1,150,000-30.3%
    Source: LERA MLS #1927110 Report a problem
    9/10/2024Price change$1,650,000-2.9%
    Source: HLMLS as distributed by MLS GRID #170281 Report a problem
    7/18/2024Price change$1,700,000-2.9%
    Source: Unlock MLS #7315069 Report a problem
    2/22/2024Listed for sale$1,750,000
    Source: LERA MLS #1753520 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,055 -0.1%$488,048 +4.2%
    2024$4,059 $468,507 +5%
    2023-- $446,206 +47.9%
    2022$3,277 -10.2%$301,607 +1.6%
    2021$3,648 +95.9%$296,862 +62.8%
    2020$1,862 -10.3%$182,359 +13.1%
    2019$2,075 +10.1%$161,184 +6.4%
    2018$1,884 $151,522 +47.7%
    2017-- $102,570
    2016$1,217 -10.3%$102,570
    2015$1,356 $102,570
    2014$1,356 $102,570 +1.1%
    2013-- $101,450
    Find assessor info on the county website

    Neighborhood: 78133

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $926,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $926,800