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$1,575,000 Just Listed
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Property Description
THRIVING RESTAURANT & COMMERCIAL REAL ESTATE - BUSINESS AND PROPERTY INCLUDED! An exceptional opportunity to acquire an established, fully operational restaurant in a high-traffic Canyon Lake, Texas location just minutes from the Horseshoe on the Guadalupe River. With combined gross revenue of nearly $3 million over the past three years, this established, family-friendly restaurant demonstrates strong revenue performance, supported by a loyal customer base, positive reviews, and excellent visibility at a busy intersection, providing a solid foundation for continued success. The restaurant offers outdoor dining, while takeout and online ordering provide convenient options for customers on the go. Its location attracts both local residents and visitors enjoying Canyon Lake, the Guadalupe River, and surrounding Hill Country attractions. Situated on approximately 3/4 of an acre, the property offers potential for expanded operations, outdoor events, or additional dining options. The second building features a vacant 1,752-square-foot residence, offering flexibility for a variety of potential uses, including a private residence, long or short-term rental, additional dining space, or a commercial/commissary kitchen. **OFFERED AT $1,575,000 - BUSINESS AND REAL ESTATE INCLUDED**. Whether you're an experienced restaurateur, owner-operator, or investor, this offering combines an established operating business with real estate and additional opportunities to explore. The current owner is willing to assist with the business transition to help support a smooth handoff. Financial information and the appraisal are available to serious, qualified buyers upon execution of a confidentiality agreement (NDA). The restaurant remains open and operational. All property tours must be scheduled in advance.
Full Property Details
Full Property Details for 14601 FM306
General
- Price: $1,575,000
- Status: Active
- Type: Commercial
- Source: Central_Texas_MLS
- MLS ID: 628448
- Updated: 10/23/2026
- Added to Site: 4 day(s) ago
Interior
- Flooring: Concrete, Laminate
Parking
- Parking Features: None
Location
- County: Comal
- Building Name: Canyon City Grill
- Driving Directions: Located near the intersection of South Access Road and FM 306 next to the mechanic shop.
School Information
- Elem School District: Comal ISD
- Midd School District: Comal ISD
- High School District: Comal ISD
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: 1 Unit
Utilities
- Electric Available: Yes
- Sewer: Aerobic Septic, Septic Tank
- Water: Not Connected (at lot)
- Utility Description: Electricity Available, High Speed Internet Available, Trash Collection Private, Water Available
Structural Information
- Construction: Wood Siding
- Roof: Composition, Shingle
- Stories/Levels: 1
- Square Feet: 2,561
- Sq. Ft. Source: Appraiser
- Year Built: 1996
- Year Built Source: Appraiser
- Property Condition: Resale
- Other Struct. Feat.: Public Restrooms
Lot Features
- Property View: Creek/Stream, Seasonal View
- Lot Size (Acres): 0.738
- Frontage: County Road
Water Features
- Water Front Name: Creek-Seasonal
Disclosures and Reports
- Documents Avail.: Appraisal, Survey
- Legal Description: A- 5 SUR- 3 M AMPARA, ACRES .738
- Inclusions: Building(s), Business, Equipment, Fixtures, Furniture, Inventory, Land
- Property ID: 73213
Listed by Keller Williams Heritage
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Schools
Schools serving 14601 FM306
School District:Comal Independent School District
| Name | Grades | Distance |
|---|---|---|
Mt Valley Elementary School 310 Cannan Road, Canyon Lake, TX 78133 | PK-5 | 1.8 mi |
Mt Valley Middle School 1165 Sattler Road, Canyon Lake, TX 78132 | 6-8 | 2.5 mi |
Canyon Lake High School 8555 Fm 32, Fischer, TX 78623 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14601 FM306
Date
Details
Price
Change
Source
10/22/2026
Listed
$1,575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 14601 FM306
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,605
2%
$421,690
-4%
2024
$6,490
2%
$440,370
—
2023
$6,377
—
$440,390
3%
2023
$6,377
32%
$427,600
49%
2022
$4,834
6%
$287,140
13%
2021
$4,572
-2%
$254,710
-3%
2020
$4,683
34%
$261,460
39%
2019
$3,501
52%
$188,420
56%
2018
$2,303
-3%
$120,720
-4%
2017
$2,380
-2%
$126,090
-3%
2016
$2,427
13%
$129,590
13%
2015
$2,144
17%
$114,470
17%
2014
$1,834
-5%
$97,920
-3%
2013
$1,930
—
$101,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 14601 FM306
14601 Fm 306, Canyon Lake, TX 78133 (MLS# 628448) is a Commercial property. 14601 Fm 306 is currently listed for $1,575,000 and was received on October 22, 2026. Want to learn more about 14601 Fm 306? Do you have questions about finding other Commercial real estate for sale in Canyon Lake? You can browse all Canyon Lake real estate or contact a Coldwell Banker agent to request more information.

