$989,000
For Sale

1075 Colleen Dr

Canyon Lake, TX 78133
2808 sqft | 5 beds | 4.5 baths | 0.51 acres | #1823383
Browse 38 photos
Type:Purchase
Structure:House
Zone:Residential

Description

CREATIVE FINANCING AVAILABLE! Welcome to the perfect Canyon Lake retreat! Currently a turn-key Short-term Rental that can accommodate up to 16, this versatile property presents an excellent opportunity for investors or full-time residents alike. With a main house and a separate studio apartment, you have the flexibility to live in one and rent out the other or use the entire property as a Short-term Rental maximizing your investment potential. The main house and studio apartment can be rented individually or together, each is fully turnkey with their own amenities, including individual hot tubs! The popularity of the Canyon Lake area ensures a steady stream of vacationers seeking a charming lake getaway. Conveniently located just 0.3 miles from Canyon Lake, this property offers easy access to water activities and outdoor adventures. Whether you're boating, fishing, or simply soaking up the sun, the fun is just steps away. Enjoy the breathtaking views of Canyon Lake from the balcony as you sip your morning coffee or unwind with a glass of wine in the evening. And when it's time to relax, indulge in the luxury of your private hot tub, the perfect spot to soak away the stresses of everyday life. Sold turnkey, this exceptional property comes fully furnished and equipped, ready for you to start making investment income or enjoying the lake life from day one. Whichever route you choose, this property offers the perfect blend of convenience, comfort, and investment potential. Whether you're looking for a profitable rental property or a tranquil retreat to reside in, this versatile listing is sure to exceed your expectations. Don't miss out on this unique opportunity - schedule a showing today!

  • Interior Details
      • Bathrooms4.5
      • Bedrooms5
      • Full Baths4
      • Half Baths1
  • Property Details
      • PoolN
    • Measurements
      • Acres0.506
      • Square Feet2808
  • Construction Details
      • Style3 or More, Contemporary
      • Property TypePurchase
    • Condition
      • Year Built1997
  • Community and Neighborhood Details
      • SubdivisionMORRWOODS RANCH 4
    • Location
      • Elementary SchoolMountain Valley
      • Middle SchoolMountain Valley
      • High SchoolCanyon Lake
      • School DistrictComal
  • Other
      • MLS #1823383

Location

Phillips & Associates RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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