123 ELK RDG, Canyon Lake, TX 78133

TWO HOMES + 2400 SQ FT WORKSHOP + ~5 ACRES OF FRESH AIR = The ultimate Texas Hill Country family compound! Your search ends here. Welcome to a truly one-of-a-kind property nestled on 5.05 picturesque acres in the highly desirable Eden Ranch area. This exceptional estate offers 3,502 total square feet of living space between two homes, a 2,400 sq. ft. workshop, and all the infrastructure already in place, making it ideal for multigenerational living, an income-producing investment, Airbnb opportunities, or your own private Hill Country retreat. The beautifully renovated 2,302 sq. ft. main home (3/2 + Flex & built in 1995) offers spacious, comfortable living with an oversized 3-car garage, an attached carport, and storage galore for vehicles, recreational toys, tools, and everything in between. Just a short stroll away, the thoughtfully designed 1,200 sq. ft. barndominium (2/2.5 & built in 2020) provides a second residence perfect for family, guests, long-term tenants, or short-term rental income. Adjacent to the barndominium is an additional storage shed with electricity, creating the perfect workshop, hobby space, or extra storage. Connecting the two homes is a charming walking trail that invites evening strolls, morning coffee walks, and countless memories. Imagine the grandbabies running down the path to Grandma and Grandpa's house while everyone still enjoys the privacy of their own home. It's the dream so many families have of living together in the Texas Hill Country-and here, it's already been thoughtfully designed and is ready for you. Designed with independence in mind, the property features two private electric gated entrances, allowing each home its own private access. Even better, each residence has its own 600 ft well, septic system, and electric meter, giving both homes the ability to operate independently-an incredibly rare feature that offers unmatched flexibility for multigenerational living, rental income, guest accommodations, or future investment opportunities. Being located outside the city limits also means you'll enjoy low property taxes and incredibly low monthly utility costs, as electricity is the only public utility expense. With private wells and septic systems already in place plus 2500-3000 gallon water storage tank, country living has never been so practical or affordable. The 2,400 sqft shop/barn has its own dedicated electric meter, offering incredible flexibility for future expansion. Whether you envision a workshop, business space, equipment storage, hobby farming, animal stalls, or a place to pursue your favorite hobbies, this versatile barn is ready to bring your vision to life. Whether your vision includes creating the ultimate family compound, living in one home while generating rental income from the other, hosting an Airbnb, operating a home-based business, or simply enjoying peaceful Hill Country living, this property offers a rare opportunity to do it all. Adding to its appeal, Eden Ranch offers very minimal restrictions, allowing you to truly enjoy your acreage. Livestock is welcome, including horses and cattle (up to one head per acre), making this an excellent opportunity for those seeking the authentic Texas Hill Country lifestyle. (No hogs or pigs permitted.) Perfectly positioned in the heart of the Texas Hill Country, you'll enjoy the serenity of country living while remaining just 15 minutes from Gruene Hall, Creekside Shopping & Dining, and Canyon Lake Dam, 17 minutes from Wimberley, 21 minutes from Downtown New Braunfels, and 23 minutes from TX State University. Properties offering this combination of 3,502 square feet of living space, acreage, multiple residences, independent utilities, established infrastructure, privacy, flexibility, low taxes, minimal monthly utility expenses, and an unbeatable location are incredibly rare. If you've been waiting for a property where generations can gather, memories can be made, and investment opportunities abound, this is the one!