508 Deerwood DR, Canyon Lake TX 78133

Canyon Lake, TX 78133 | Canyon Lake Village

Ed's Opinion of Value

$310,000 Ed's Estimate: $687,676 $1,294,422
Lowest Comp Recommended List: $325,000 to $335,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $687,676. For a well positioned listing in 78133, I'd target the $325,000 to $335,000 range. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in 78133. The 2020 construction puts this home 13 years newer than the comp average, a factor in the pricing. At 0.24 acres, the lot is smaller than the 0.65 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. Recent trends in 78133 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 869 Kindersley ST, Canyon Lake TX 78133, with an adjusted value of $449,921; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths 2 Full, 1 Half
2,025 Sq Ft
0.2362 Acres
2020 Built
1 Garage

About This Property

LAKEVIEWS from your perfect retreat at Canyon Lake! This 2020 constructed two-story lake house offers both an exceptional revenue-generating opportunity with a TURNKEY STR or a serene full-time residence option, all while boasting breathtaking lake views. Many successful AirBNBs in the neighborhood. All appliances and furnishings can convey! As you step inside, you'll be welcomed by a spacious and inviting open concept layout, ideal for relaxation and entertaining. The expansive living area is bathed in natural light, creating a warm and inviting atmosphere. The modern kitchen features sleek appliances, ample counter space, and is large enough to dine in for gathering with family and friends. One of the standout features of this property is its dual master suites, one on each floor, providing flexibility and privacy for homeowners or guests. Wake up to stunning lake views and unwind in the luxurious ensuite bathrooms, complete with contemporary fixtures and finishes. Step outside onto the deck and soak in the serene ambiance as you enjoy your morning coffee or evening cocktails overlooking the glistening waters of Canyon Lake. The outdoor space is perfect for al fresco dining, BBQs, and stargazing. Located in a prime spot near the lake, this property offers the potential for lucrative rental income through Airbnb or can serve as your permanent lakeside oasis. Whether you seek a profitable investment or a tranquil year-round residence, this Canyon Lake gem offers the best of both worlds. Don't miss out on this unique opportunity to live the lake life you've always dreamed of.

Features

  • 2 Primary Suites
  • High Ceilings
  • Vaulted Ceiling(s)
  • Granite Counters
  • Double Vanity
  • Eat-in Kitchen
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Comal ISD
High School Canyon Lake

Property Details

Property Type Residential
Flooring Wood
Cooling Central Air
Heating Central
Exterior Balcony
County Comal
MLS # 9062144
Garage 1 spaces

HOA & Community

HOA Fee $24 /Annually
HOA Includes See Remarks

Tax Information

Annual Taxes (MLS) $7,576 (2023)

Listing History

MLS# 9062144 6 days (5 CDOM)
Oct 6, 2023 Off Market
Sep 11, 2023 Listed $489,900

Frequently Asked Questions About 508 Deerwood DR, Canyon Lake TX 78133

When was 508 Deerwood DR, Canyon Lake TX 78133 built?

508 Deerwood DR, Canyon Lake TX 78133 was built in 2020.

How much does 508 Deerwood DR, Canyon Lake TX 78133 cost?

508 Deerwood DR, Canyon Lake TX 78133 sold on October 6, 2023. Contact us for sale price details.

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