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Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $194
Subdivision Canyon Lake Village 3
MLS Listing ID 4751844
Year Built 1999
Tax Year 2026
Lot Size 0.868 Acres
Acres 0.8682
Property Sub-Type Apartment
Source actris
Property Description
This is an excellent opportunity for a first-time multifamily investor seeking a manageable entry into real estate investing. The property is located near Canyon Lake, surrounded by Hill Country parks, hiking and biking trails, boating, fishing, swimming areas, the Guadalupe River, and the scenic Canyon Dam. Restaurants, shopping, live entertainment, Gruene, and New Braunfels are also within convenient driving distance.
Residents may enjoy an optional membership in the nearby community clubhouse and swimming pool, both offering attractive lake views, through an easy and affordable HOA arrangement.
Canyon Lake is full again, strengthening the area's recreational appeal and desirability for residents. The property offers multiple rental units under one roof, helping diversify income and reduce the impact of a single vacancy.
For anyone who has considered owning a small multifamily investment, this is a practical way to get started. The seller is willing to help the buyer understand the operation and transition the systems used for leasing, rent collection, bookkeeping, maintenance coordination, and tenant management. This guidance and support can make the process much easier for a novice investor while providing a foundation for long-term success.
Location
State TX
County Comal
Area Cm
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Vinyl
Fireplace N
Exterior
Utilities Available Underground Utilities
View See Remarks
Accessibility None
Total Parking Spaces 8
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Frame,HardiPlank Type
New Construction No
Others
Restrictions Deed Restrictions
Acceptable Financing See Remarks, Cash, Contract, Conventional, FMHA, Owner May Carry, SBA, Texas Vet, USDA Loan, VA Loan
Tax Rate 1.4998
Listing Terms See Remarks, Cash, Contract, Conventional, FMHA, Owner May Carry, SBA, Texas Vet, USDA Loan, VA Loan
Special Listing Condition See Remarks
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Victor A Aguilar
Agent/Team Lead | License ID: 0653089
Agent/Team Lead License ID: 0653089