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$225,000
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Property Description
OVER $23,500 IN RECENT UPGRADES! POSSIBLE SELLER FINANCING. Former STR earning $199/night and up to $4K/mo. Welcome to 399 Scenic Terrace Dr, a one-of-a-kind Hill Country retreat with character, history, and incredible potential just minutes from beautiful Canyon Lake. This property began as a manufactured home and was later expanded and partially converted to add valuable living space and custom touches throughout. Set on a peaceful 0.23-acre lot with mature trees and a partial view of the lake from the back deck, it's the perfect spot for relaxing, entertaining, or enjoying the lake lifestyle. THIS PROPERTY NEEDS SOME RENOVATION/TLC - AND HERE'S WHY: When the current owner purchased the property in 2021, he completely transformed it into a warm, rustic-style cabin filled with antique furnishings and charm. As an Airbnb, it became a guest favorite, earning 4.6-star ratings and generating up to $4,000 per month at $199 per night. Guests loved the quiet setting, the proximity to the water, and the cozy, inviting feel of the space. When the owner relocated to Miami for a new CFO position, long-distance hosting became difficult, so he rented the home to a long-term tenant who unfortunately left it in need of some TLC. The home is now being sold AS-IS and needs mostly cosmetic updates such as flooring, interior paint, and HVAC repair or replacement, but the structure is solid and many major improvements have already been completed, including a new roof, two new windows, a new French door, a fire pit, and a rebuilt patio deck-more than $20,000 in recent upgrades. With its strong bones, partial lake view, and proven short-term rental success, this home offers an incredible opportunity for investors, flippers, or DIY buyers looking for a great deal near Canyon Lake. Update it as a weekend getaway, or bring it back as a profitable Airbnb. Don't miss this chance to own a unique lake-area property with a great story and a bright future.
Full Property Details
Full Property Details for 399 Scenic Terrace Dr
General
- Price: $225,000
- Status: Active
- Type: Single Family
- Source: Central_Texas_MLS
- MLS ID: 597721
- Updated: 12/30/2025
- Added to Site: 62 day(s) ago
Interior
- Interior Features: All Bedrooms Down, Ceiling Fan(s), Open Floorplan, Storage, Other, Pantry, See Remarks
- Fireplace(s): Other, See Remarks
- Appliances: Convection Oven, Dishwasher, Exhaust Fan, Microwave, Other, See Remarks
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Laundry Closet
Additional Information
- Security/Safety: Gated Community
Exterior
- Exterior Features: Covered Patio, Deck, Other, Play Structure, See Remarks, Fire Pit
- Porch/Patio/Deck: Covered, Deck, Patio
Location
- County: Comal
- Subdivision: Scenic Terrace 1
- Driving Directions: From San Antonio, travel east on FM 306 and pass Plooky’s Cajun Boilin’ Pot. From New Braunfels, travel west on FM 306 and pass Brookshire Brothers. Turn onto Scenic Terrace (right from San Antonio or left from New Braunfels). Continue straight—property is on the left at 399 Scenic Terrace Dr.
School Information
- Elem School District: Comal ISD
- Midd School District: Comal ISD
- High School District: Comal ISD
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Other, See Remarks
- Heating Type: Central
Utilities
- Sewer: Public Sewer, Septic Tank
- Water: Other, See Remarks
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Other, See Remarks
Structural Information
- Architectural Style: Other, See Remarks
- Construction: Frame, Stone Veneer, Wood Siding
- Roof: Composition, Shingle
- Stories/Levels: 1
- Square Feet: 1,360
- Sq. Ft. Source: Appraiser
- Living Area: 1,360 Sq. Ft.
- Year Built: 1978
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Property View: Other
- Lot Size (Acres): 0.229
- Fencing (Description): Barbed Wire
Water Features
- Water Front Name: Other-See Remarks
Financial Considerations
- Terms: Cash, Conventional, FHA, Owner May Carry, VA Loan
Disclosures and Reports
- Legal Description: SCENIC TERRACE 1, BLOCK 4, LOT 41
- Property ID: 56214
- Block: 4
- Lot Number: 41
Listed by eXp Realty LLC
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Schools
Schools serving 399 Scenic Terrace Dr
School District:Comal Independent School District
| Name | Grades | Distance |
|---|---|---|
Mt Valley Elementary School 310 Cannan Road, Canyon Lake, TX 78133 | PK-5 | 5.4 mi |
Mt Valley Middle School 1165 Sattler Road, Canyon Lake, TX 78132 | 6-8 | 6.3 mi |
Canyon Lake High School 8555 Fm 32, Fischer, TX 78623 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 399 Scenic Terrace Dr
Date
Details
Price
Change
Source
12/30/2025
Price Reduced
$225,000
-1.75%
MLS
11/17/2025
Listed
$229,000
—
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 399 Scenic Terrace Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,583
—
$201,648
16%
2023
$2,583
—
$173,237
-16%
2023
$2,583
-5%
$206,830
29%
2022
$2,706
139%
$160,760
62%
2021
$1,134
-35%
$99,450
2%
2020
$1,752
-12%
$97,810
-8%
2019
$1,983
17%
$106,710
20%
2018
$1,693
-9%
$88,760
-10%
2017
$1,854
4%
$98,210
3%
2016
$1,778
11%
$94,950
11%
2015
$1,597
6%
$85,260
6%
2014
$1,502
12%
$80,200
14%
2013
$1,344
—
$70,560
—
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 399 Scenic Terrace Dr
399 Scenic Terrace Drive, Canyon Lake, TX 78133 (MLS# 597721) is a Single Family property with 3 bedrooms and 1 full bathroom. 399 Scenic Terrace Drive is currently listed for $225,000 and was received on November 17, 2025. Want to learn more about 399 Scenic Terrace Drive? Do you have questions about finding other Single Family 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.

