1151 Fawn Valley Dr Canyon Lake, TX 78133

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 significant long-term upside. Spanning 20.58 unrestricted acres, this versatile property delivers a rare combination of natural beauty, development flexibility, and strong cash-flow potential. Potters Creek lines the entire southern border, creating a private and scenic natural boundary, while a well-fed pond welcomes you at the entrance. The included half-acre lot in Rocky Creek Ranch directly adjoins the main acreage. It provides a valuable 2" water line from Texas Water Company-an infrastructure advantage that enhances future expansion or redevelopment options. With the ability to subdivide into smaller tracts or extend the existing improvements, the land itself is the foundation for endless investment possibilities. Currently operating as a mobile home park with long- and short-term rentals, this property offers turnkey cash flow from day one. Well-maintained improvements include a double-wide, six single-wide homes, a 240 sq ft rental cabin, and another 240 sq ft unit nearly complete-all in excellent condition, generating solid rental demand. Additional amenities include a 20×60 equipment building, 12×20 building, 10×20 carport with storage, and nine 200-amp meter loops for future growth. Fencing on three sides, well-maintained grounds, and lake views from the top of the two-story home all add to the property's appeal. Located in Canyon Lake-one of Texas' top recreational areas-this site draws steady tourists, renters, and residents seeking lake and Hill Country amenities. High rental demand and easy access to San Antonio and New Braunfels make this a prime investment market. Contact for additional details or to schedule a tour. *Rental units are currently occupied; please do not disturb tenants*