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195 Deepwell Canyon Lake, TX 78133

4 Beds
3 Baths
2,586 Sqft
33,105 Sqft lot
0.76 Acre lot
$958,888 Est. $3,531 / mo.*
Status: Active
Property Type: Single Family Detached
Year Built: 1980
Neighborhood: Deepwell
Days on Website: 14

Courtesy of Real Broker, LLC, Sterling Williams {attribution_contact}

Description

Live the Hill Country Dream with Strong STR Occupancy History Perched above Canyon Lake with sweeping hilltop views, this unrestricted retreat offers a rare opportunity to own a beautifully upgraded property with strong income-generating history. Just minutes from a public boat ramp, the Guadalupe River, and Whitewater Amphitheater, the location is ideal for both recreation and revenue. The main residence showcases vaulted ceilings, fresh paint, updated HVAC, a tankless water heater, original hardwood floors in the living room, and custom remodeled bathrooms-including a spa-inspired, multi-head shower system in the primary suite. The open-concept kitchen opens up to the large floor-to-ceiling windows in the living room that frames serene Hill Country wildlife views and creates a stunning gathering area for users and family alike. Step outside to a wraparound deck with an outdoor kitchen, where cooling breezes and panoramic scenery set the tone for everyday relaxation. Over $200,000 in thoughtful capital improvements include a new metal roof, full gutter system, commercial-grade pickleball court with lighting, high-efficiency electric water heater, dual-zone mini-splits for the downstairs suite, fully installed playground, and an outdoor shower. Additional lifestyle upgrades include a 10-person cowboy pool with integrated heating and cooling, an oversized hot tub, custom outdoor lighting, a newly replaced retaining wall, newly built exterior stairs, septic risers, and illuminated address signage-combining luxury, durability, and turnkey convenience. Versatile, Income-Producing Layout A standout feature is the professionally converted 1948 Greyhound Bus (280 SF not included in total square footage)-a glamping experience with privacy and unique character. Each rentable space is independently climate controlled, offering flexibility for short-term rental income, multigenerational living, or private guest quarters. An adjacent 0.48-acre lot directly below the property is also available and can be purchased as part of a package deal-expanding the opportunity for future development, enhanced privacy, or additional amenities or parking. No HOA. No restrictions. A one-of-a-kind opportunity in the heart of the Texas Hill

Open House

Property Details and Features

  • Listing date: 2025-07-19 05:00:00
  • 13 cumulative days on market
  • 13 days on market
  • Price per square foot: $371
  • 4 bedrooms
  • 3 total bathrooms
  • 3 full bathrooms
  • Shower Only
  • Double Vanity
  • County: Comal
  • Area: 2603
  • Subdivision: Deepwell
  • Built in 1980
  • Approximate age: 45 years
  • Construction: Pre-Owned
  • Builder: Unknown
  • 2,586 square feet
  • 2 stories
  • Two Story
  • Stone/Rock
  • Stucco
  • Two Living Area
  • Liv/Din Combo
  • Eat-In Kitchen
  • Island Kitchen
  • Breakfast Bar
  • Game Room
  • Utility Room Inside
  • High Ceilings
  • Open Floor Plan
  • High Speed Internet
  • Laundry Main Level
  • Laundry Upper Level
  • Laundry Room
  • None Remain
  • Metal
  • Ceramic Tile
  • Wood
  • Vinyl
  • Slate
  • Slab
  • Other
  • Wood Burning
  • 1 fireplace
  • Lot size: 0.76
  • Other - See Remarks
  • Kitchen length: 17 feet
  • Kitchen width: 15 feet
  • Living room length: 25 feet
  • Living room width: 24 feet
  • Upstairs
  • Outside Access
  • Ceiling Fan
  • Full Bath
  • Master bedroom length: 12 feet
  • Master bedroom width: 14 feet
  • Bedroom 2 length: 15 feet
  • Bedroom 2 width: 14 feet
  • Bedroom 3 length: 14 feet
  • Bedroom 3 width: 10 feet
  • Bedroom 4 length: 11 feet
  • Bedroom 4 width: 13 feet
  • None/Not Applicable
  • None
  • Above Ground Pool
  • Hot Tub
  • Pool is Heated
  • School district: Comal
  • Elementary school: Mountain Valley
  • Middle school: Mountain Valley
  • High school: Canyon Lake
  • Electric
  • Central
  • Wood Stove
  • Other
  • One Central
  • Zoned
  • Other
  • Water System
  • Septic
  • Tax year: 2025
  • Total tax amount: $6,722
  • Ceiling Fans
  • Washer Connection
  • Dryer Connection
  • Stove/Range
  • Disposal
  • Dishwasher
  • Security System (Owned)
  • Electric Water Heater
  • Solid Counter Tops
  • Private Garbage Service