399 Scenic Terrace Drive, Canyon Lake, TX 78133 (MLS # 597721)
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.
Property Type(s):
Single Family
|
Last Updated
|
11/16/2025
|
Tract
|
Scenic Terrace 1
|
|
Year Built
|
1978
|
County
|
Comal
|
Additional Details
| AIR |
Ceiling Fan(s), Central Air, Other |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Convection Oven, Dishwasher, Exhaust Fan, Microwave, Other |
| CONSTRUCTION |
Frame, Stone Veneer, Wood Siding |
| FIREPLACE |
Yes |
| HEAT |
Central |
| INTERIOR |
Ceiling Fan(s), Open Floorplan, Other, Pantry, See Remarks, Storage |
| LOT |
9975 sq ft |
| SEWER |
Public Sewer, Septic Tank |
| STORIES |
1 |
| STYLE |
Other, SeeRemarks |
| SUBDIVISION |
Scenic Terrace 1 |
| TAXES |
2972 |
| UTILITIES |
Cable Available, Electricity Available, Other, See Remarks |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Other |
| WATER |
Other, See Remarks |
| WATER ACCESS |
Other-See Remarks |
Listed with eXp Realty LLC
Listing information is provided by the Central Texas Multiple Listing Service, Inc., and is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.
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