1151 Fawn Valley

Canyon Lake, TX 78133 · Comal County

$1,150,000Price
16Beds
1151 Fawn Valley
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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.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT213946607
Taxes$7,320 (2025) / year
TypeFarm
Year Built1986
Lot Size20.58 AC / 896,464 SF
CountyComal
SubdivisionA0452

Property Information

Interior

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Exterior

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Appliances

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Community

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Parking

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Utilities & Construction

Heat: See RemarksAC: See RemarksSee RemarksRoof: See RemarksFoundation: See Remarks

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.

Location

Property History

DateEventPrice
Feb 15, 2026 Listed (Active) · MLS# ACT213946607 $1,150,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Tax Record 2025$7,320
Year Built1986
Beds16
Lot Size896,464 Sq. Ft.
StyleFarm
CountyCOMAL
MLS #ACT213946607

Schools

E
Rebecca Creek
Public · Elementary · Serves this home
M
Mountain Valley Middle
Public · Middle School · Serves this home
H
Canyon Lake
Public · High School · Serves this home

Please verify enrollment eligibility directly with schools.

$1,150,000
1151 Fawn Valley, Canyon Lake, TX

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Payment Estimate

Estimated monthly payment
Principal & Interest
Property Taxes

For illustrative purposes only. Contact a lender for accurate figures.