399 Scenic Terrace DR new Save Request In-Person Tour Request Virtual Tour
Canyon Lake,TX 78133
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,360 sqft
Price per Sqft $168
Subdivision Scenic Terrace 1
MLS Listing ID 8876403
Bedrooms 4
Full Baths 1
Year Built 1978
Annual Tax Amount $2,971
Tax Year 2025
Lot Size 9,975 Sqft
Property Sub-Type Single Family Residence
Property Description
OVER $20,500 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.
Location
State TX
County Comal
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Flooring Laminate
Fireplaces Type Fire Pit
Exterior
Exterior Feature Playground
Fence Wire
Pool None
Community Features Storage
Utilities Available Electricity Available,Electricity Connected,High Speed Internet,Water Available,Water Connected
Waterfront Description None
View Hill Country,Lake,Panoramic,Trees/Woods
Roof Type Shingle
Building
Lot Description Back Yard,Level,Private,Trees-Medium (20 Ft - 40 Ft),Views
Foundation Pillar/Post/Pier,Slab
Sewer Septic Tank
Water Public
Structure Type Frame,Wood Siding,Stone
New Construction No
Schools
Elementary Schools Mountain Valley
Middle Schools Canyon Middle
High Schools Canyon Lake
School District Comal Isd
Others
Special Listing Condition Standard