399 Scenic Terrace

Canyon Lake, TX 78133 · Comal County

$225,000Price
3Beds
399 Scenic Terrace
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Description

OVER $23,500 IN RECENT UPGRADES! POSSIBLE SELLER FINANCING. Former STR earning $199/night and up to $4K/mo. Welcome to 399 Scenic Terrace Dr, a one-of-a-kind Hill Country retreat with character, history, and incredible potential just minutes from beautiful Canyon Lake. This property began as a manufactured home and was later expanded and partially converted to add valuable living space and custom touches throughout. Set on a peaceful 0.23-acre lot with mature trees and a partial view of the lake from the back deck, it’s the perfect spot for relaxing, entertaining, or enjoying the lake lifestyle. THIS PROPERTY NEEDS SOME RENOVATION/TLC - AND HERE'S WHY: When the current owner purchased the property in 2021, he completely transformed it into a warm, rustic-style cabin filled with antique furnishings and charm. As an Airbnb, it became a guest favorite, earning 4.6-star ratings and generating up to $4,000 per month at $199 per night. Guests loved the quiet setting, the proximity to the water, and the cozy, inviting feel of the space. When the owner relocated to Miami for a new CFO position, long-distance hosting became difficult, so he rented the home to a long-term tenant who unfortunately left it in need of some TLC. The home is now being sold AS-IS and needs mostly cosmetic updates such as flooring, interior paint, and HVAC repair or replacement, but the structure is solid and many major improvements have already been completed, including a new roof, two new windows, a new French door, a fire pit, and a rebuilt patio deck—more than $20,000 in recent upgrades. With its strong bones, partial lake view, and proven short-term rental success, this home offers an incredible opportunity for investors, flippers, or DIY buyers looking for a great deal near Canyon Lake. Update it as a weekend getaway, or bring it back as a profitable Airbnb. Don’t miss this chance to own a unique lake-area property with a great story and a bright future.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT209268857
Taxes$2,972 (2025) / year
TypeResidential
Year Built1978
Lot Size0.23 AC / 9,975 SF
CountyComal
SubdivisionScenic Terrace 1

Property Information

Interior

Ceiling Fan(s)Open FloorplanPantryPrimary Bedroom on MainStorage

Exterior

Playground

Appliances

Convection OvenDishwasherExhaust FanMicrowaveElectric Oven

Community

Storage

Parking

Driveway

Utilities & Construction

Heat: CentralAC: Ceiling Fan(s), Central AirLaminateRoof: ShingleFoundation: Pillar/Post/Pier, Slab
🏊 Pool

Directions: From San Antonio, travel east on FM 306 and pass Plooky’s Cajun Boilin’ Pot. From New Braunfels, travel west on FM 306 and pass Brookshire Brothers. Turn onto Scenic Terrace (right from San Antonio or left from New Braunfels). Continue straight—property is on the left at 399 Scenic Terrace Dr.

Location

Property History

DateEventPrice
Feb 15, 2026 Listed (Active) · MLS# ACT209268857 $225,000
Original List Price $229,000

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

Public Records

Tax Record 2025$2,972
Year Built1978
Beds3
Lot Size9,975 Sq. Ft.
StyleResidential
CountyCOMAL
MLS #ACT209268857

Schools

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

Please verify enrollment eligibility directly with schools.

$225,000
399 Scenic Terrace, 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.