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Information provided Courtesy of LERA MLS - Local Expertise Regional Access. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2025 LERA MLS, All Rights Reserved.

$229,000
For Sale

399 Scenic Terrace Drive

Canyon Lake, TX 78133
1360 sqft | 4 beds | 1 bath | 0.23 acres | #8876403
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Browse 30 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Electricity Connected, High Speed Internet Available, Water Available, Water Connected
      • InteriorCeiling Fans, French Doors Atrium Doors, MainLevelPrimary, Open Floorplan, Pantry, Storage
      • Lot DescriptionBack Yard, Level, Private, Trees Medium Size, Views
      • ViewHills, Lake, Panoramic, Trees Woods
      • FoundationPillar Post Pier, Slab
      • Property SubtypeSingleFamilyResidence
      • Exterior MaterialsPlayground, Fire Pit
      • SubdivisionScenic Terrace 1
      • Elementary SchoolMountain Valley
      • Middle SchoolCanyon Middle
      • Sewer InformationSeptic Tank
      • High SchoolCanyon Lake
      • School DistrictComal ISD
      • Property TypePurchase
      • Original List Price$229,000
      • MLS #8876403
      • MLS #8876403
      • Utility SourcePublic
      • Taxes Annual$2,971
      • Cost229000
      • Property ConditionResale
      • Acres0.229
      • CountyComal
      • Square Feet1360
      • Year Built1978
      • Bedrooms4
      • Bathrooms1
      • Full Baths1
      • Days on Market (Cumulative)1

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Based on information submitted to the MLS GRID as of 2025-10-18 03:57:25 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Last Updated: Today at 3:25 AM. Source: ACTRIS

Provided By
Listing Agent: Knolly Williams (#510003), Phone: (737) 205-1640
Listing Office: eXp Realty, LLC (#702963)

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