$1,734,000
242 Saga St, Spring Branch, TX, 78070
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About this property
Located in the prestigious gated community of The Peninsula at Mystic Shores, this 5-bedroom, 5.5-bathroom estate offers the perfect blend of luxurious living and serene lakeside beauty. Set on a 2.4-acre lot with 414 feet of private waterfront on Canyon Lake, this property boasts 5,571 square feet of living space and showcases stunning water views from nearly every room. The gourmet kitchen is complete with high-end appliances and custom finishes. Spacious living areas include a formal and informal living, formal dining, breakfast area, wet bar, game room and media room. The owner’s wing of the home includes a primary suite with an adjacent study. The primary bath includes whirlpool tub, walk-through shower and two spacious closets. Each of the four additional bedrooms is generously sized and has access to their own bathrooms. Step outside to experience the sparkling swimming pool and spa. Special features include an elevator, second kitchen upstairs, and outdoor kitchen & fireplace.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Spring Branch
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