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$958,888

Est. payment - /mo

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4 Beds

3 Baths

2,586 SqFt

New

195 Deepwell Canyon Lake, TX 78133

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Ryan Smith

HOMESTEAD AND RANCH REAL ESTATE

ryan@homesteadandranch.com +1(512) 466-1460

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Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,586 sqft

Price per Sqft $370

Subdivision Deepwell

MLS Listing ID 1885458

Style Two Story

Bedrooms 4

Full Baths 3

Year Built 1980

Annual Tax Amount $6,722

Tax Year 2025

Lot Size 0.760 Acres

Acres 0.76

Property Sub-Type Single Family Detached

Property Description

Live the Hill Country Dream with Strong STR Occupancy History Perched above Canyon Lake with sweeping hilltop views, this unrestricted retreat offers a rare opportunity to own a beautifully upgraded property with strong income-generating history. Just minutes from a public boat ramp, the Guadalupe River, and Whitewater Amphitheater, the location is ideal for both recreation and revenue. The main residence showcases vaulted ceilings, fresh paint, updated HVAC, a tankless water heater, original hardwood floors in the living room, and custom remodeled bathrooms-including a spa-inspired, multi-head shower system in the primary suite. The open-concept kitchen opens up to the large floor-to-ceiling windows in the living room that frames serene Hill Country wildlife views and creates a stunning gathering area for users and family alike. Step outside to a wraparound deck with an outdoor kitchen, where cooling breezes and panoramic scenery set the tone for everyday relaxation. Over $200,000 in thoughtful capital improvements include a new metal roof, full gutter system, commercial-grade pickleball court with lighting, high-efficiency electric water heater, dual-zone mini-splits for the downstairs suite, fully installed playground, and an outdoor shower. Additional lifestyle upgrades include a 10-person cowboy pool with integrated heating and cooling, an oversized hot tub, custom outdoor lighting, a newly replaced retaining wall, newly built exterior stairs, septic risers, and illuminated address signage-combining luxury, durability, and turnkey convenience. Versatile, Income-Producing Layout A standout feature is the professionally converted 1948 Greyhound Bus (280 SF not included in total square footage)-a glamping experience with privacy and unique character. Each rentable space is independently climate controlled, offering flexibility for short-term rental income, multigenerational living, or private guest quarters. An adjacent 0.48-acre lot directly below the property is also available and can be purchased as part of a package deal-expanding the opportunity for future development, enhanced privacy, or additional amenities or parking. No HOA. No restrictions. A one-of-a-kind opportunity in the heart of the Texas Hill

Location

State TX

County Comal

Area 2603

Rooms

Master Bathroom Shower Only, Double Vanity

Master Bedroom Upstairs, Outside Access, Ceiling Fan, Full Bath

Kitchen 17X15

Interior

Heating Central, Wood Stove, Other

Cooling One Central, Zoned, Other

Flooring Ceramic Tile, Wood, Vinyl, Slate

Inclusions Ceiling Fans, Washer Connection, Dryer Connection, Stove/Range, Disposal, Dishwasher, Security System (Owned), Electric Water Heater, Solid Counter Tops, Private Garbage Service

Exterior

Parking Features None/Not Applicable

Pool None, Above Ground Pool, Hot Tub, Pool is Heated

Amenities Available Other - See Remarks

Roof Type Metal

Private Pool N

Building

Story 2

Foundation Slab, Other

Sewer Septic

Water Water System

Schools

Elementary Schools Mountain Valley

Middle Schools Mountain Valley

High Schools Canyon Lake

School District Comal

Others

Acceptable Financing Conventional, FHA, VA, Cash

Listing Terms Conventional, FHA, VA, Cash

Virtual Tour https://my.matterport.com/show/?m=HeLzYt4kXGC&brand=0&mls=1&

Listed by Sterling Williams • Real Broker, LLC • (210) 569-9008

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