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$1,150,000

1151 Fawn Valley Drive, Canyon Lake, TX, 78133

$1,431,904 ARVInfo
Under ContractInfo
Beds16 Beds
Baths4,412 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$260.65 / sqft
Year BuiltBuilt in 1986

Highlights

Interior

Bedrooms 16Bedrooms 16
Bathrooms Half 13Bathrooms Half 13
Garage AvailableGarage Available
AppliancesOther
FlooringCarpet, Laminate

Building Information

Year Built2012
Stories1
Garage Spaces5

Land Information

APN74-0452-0112-89
SubdivisionA-452 Sur- 4 M W Potter
Land UseResidential
Legal DescriptionA-452 SUR- 4 M W POTTER, IMPROVEMENT ONLY LABEL# NTA1564894, HUD#2 NTA1564895; SN1 SFW014131TXA; SN2 SFW01413TXB IMPROVEMENT
Census Tract310603
Assessed Improvement Value$141,360
Assessment Year2025

About this property

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*

Investor Tools

Property Icon
$231,000
Estimated Property Value
$0Estimated Mortgage Balance
$231,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,431,904
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$129/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$397
$100,445
2025
N/A
$141,360
$141,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$397
$100,445

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$231,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Canyon Lake

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