Property Type Two Story
Status New
Price Type
Distressed
Year Built 1995
Neighborhood Hancock Canyon
Days on Website 6

Property Map

$1,499,000 – 19967 Fm 306, Canyon Lake, TX 78133

Street View

Courtesy of eXp Realty, Stacey Lancaster {attribution_contact}

Description

Seller is open to CREATIVE FINANCING. Welcome to an unparalleled investment opportunity to own a 4 plex in Canyon Lake, TX! Nestled in the heart of this picturesque locale, this one-of-a-kind short-term rental (STR) boasts not just one, but four distinct units, each a unique experience to draw a wide variety of guests and maximize profitability. Unit 1: Western Wonderland Guests will step into the Wild West with rustic charm and modern amenities. From weathered wood accents to cozy furnishings, this unit transports you to a frontier oasis. Relax under the stars in your private hot tub after a day of adventure. Unit 2: Superhero Sanctuary Embrace your inner hero in this vibrant and action-packed retreat. Decked out with nods to iconic superheroes, this unit is perfect for families and fans alike. Guests will unwind in the hot tub and feel like a true superhero after saving the day. Unit 3: Sports Spectacle For the sports enthusiast, this unit is a dream come true. Guests will love game day as they dive into a world of athletic fervor with themed decor celebrating your favorite sports and teams. After a game-filled day, they can soak in the hot tub and relive their winning moments. Unit 4: Graffiti and Glam Getaway exuding vibrant energy of street art and urban chic, this unit combines edgy graffiti motifs with luxurious touches for a truly unique experience. Guests will enjoy a soak in the unit’s private hot tub surrounded by the electric ambiance of graffiti art. Each unit features three bedrooms and two baths with laundry facilities in each unit. And of course, the highlight of each unit is they each have an individual hot tub, providing the perfect place to unwind under the Texas sky. Units also have access to a shared playground. Located in Canyon Lake, TX, this property offers not just a place that guests will love, but an experience like no other. Schedule a showing today and make this extraordinary property yours!

Property Details and Features

Roof

  • Metal

Listing

  • 178 cumulative days on market
  • 5 days on market
  • Listing date: 2024-11-14 06:00:00
  • Price per square foot: $279

Location

  • County: Comal
  • Subdivision: HANCOCK CANYON

Bedrooms

  • 3 bedrooms in unit 1
  • 3 bedrooms in unit 2
  • 3 bedrooms in unit 3
  • 3 bedrooms in unit 4

Bathrooms

  • 2 full bathrooms in unit 1
  • 2 full bathrooms in unit 2
  • 2 full bathrooms in unit 3
  • 2 full bathrooms in unit 4

Accessibility Features

  • Unit 1 disability access: No
  • Unit 2 disability access: No
  • Unit 3 disability access: No
  • Unit 4 disability access: No

Building

  • 5,368 square feet
  • 4 total units
  • Approximate age: 29 years
  • Built in 1995
  • Builder: Unknown
  • Furnished
  • Oven/Stove
  • Dishwasher
  • Refrigerator
  • Washer
  • Dryer
  • Washer Connection
  • Dryer Connection
  • Furnished
  • Oven/Stove
  • Dishwasher
  • Refrigerator
  • Washer
  • Dryer
  • Washer Connection
  • Dryer Connection
  • Furnished
  • Oven/Stove
  • Dishwasher
  • Refrigerator
  • Washer
  • Dryer
  • Washer Connection
  • Dryer Connection
  • Furnished
  • Oven/Stove
  • Dishwasher
  • Refrigerator
  • Washer
  • Dryer
  • Washer Connection
  • Dryer Connection

Exterior Features

  • Mature Trees
  • Hot Tub
  • Wood
  • Siding

Floors

  • Ceramic Tile
  • Vinyl

Foundation

  • Slab

Miscellaneous

  • Net operating income: $0
  • Unit 1 rent: $36,000
  • Unit 2 rent: $36,000
  • Unit 3 rent: $36,000
  • Unit 4 rent: $36,000
  • 50% vacancy rate
  • Annual operating expense: $0
  • Gross annual income: $0
  • Not Applicable/None

Parking

  • 2 parking spaces for unit 1
  • Unit 1 parking type: Pad
  • 2 parking spaces for unit 2
  • Unit 2 parking type: Pad
  • 2 parking spaces for unit 3
  • Unit 3 parking type: Pad
  • 2 parking spaces for unit 4
  • Unit 4 parking type: Pad

Schools

  • School district: Comal
  • Elementary school: Mountain Valley
  • Middle school: Mountain Valley
  • High school: Canyon Lake

Cooling

  • Multi-Unit Central

Heating

  • Electric
  • Central
  • 3+ Units

Utilities

  • Separate Electric
  • Common Water
  • Septic

Taxes

  • Total tax amount: $8,087

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