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195 Deepwell

Canyon Lake TX 78133

4
3
2586 sq. ft.
0.76 ac.
Single-Family
Currently for sale - view listing

Overview

Perched above Canyon Lake with sweeping hilltop views, this unrestricted retreat offers a rare opportunity to own a beautifully upgraded property with proven income performance-grossing $160,000 in 2023 and $142,000 in 2024. Just minutes from a public boat ramp, the Guadalupe River, and Whitewater Amphitheater, the location is ideal for both recreation and revenue. The main residence showcases vaulted ceilings, fresh paint, updated HVAC, a tankless water heater, original hardwood floors in the living room, and custom remodeled bathrooms-including a spa-inspired, multi-head shower system in the primary suite. The open-concept kitchen flows into the large floor-to-ceiling windows of the living room, framing serene Hill Country wildlife views and creating a stunning gathering area for guests and family alike. Step outside to a wraparound deck with an outdoor kitchen, where cooling breezes and panoramic scenery set the tone for everyday relaxation. Over $200,000 in thoughtful capital improvements include a new metal roof, full gutter system, commercial-grade pickleball court with lighting, high-efficiency electric water heater, dual-zone mini-splits for the downstairs suite, fully installed playground, and an outdoor shower. Additional lifestyle upgrades include a 10-person cowboy pool with integrated heating and cooling, an oversized hot tub, custom outdoor lighting, a newly replaced retaining wall, newly built exterior stairs, septic risers, and illuminated address signage-combining luxury, durability, and turnkey convenience. Versatile, Income-Producing Layout A standout feature is the professionally converted 1948 Greyhound Bus (280 SF not included in total square footage)-a glamping experience with privacy and unique character. Each rentable space is independently climate-controlled, offering flexibility for short-term rental income, multigenerational living, or private guest quarters. An adjacent 0.48-acre lot directly below the property is also available and can be purchased as part of a package deal-expanding the opportunity for future development, enhanced privacy, or additional amenities or parking. No HOA. No restrictions. A one-of-a-kind opportunity in the heart of the Texas Hill Country.

Features

4 bedrooms
3 bathrooms
2586 sq. ft. floor area
0.76 ac. lot size
Single-Family

Property history for 195 Deepwell

2022
Sold
Undisclosed
29 Jul 2022 by Brenda Veseleny
2019
Sold
Undisclosed
15 May 2019 by Mary Nielsen

Happy sellers in Canyon Lake

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We have insufficient information to provide an overview of customer satisfaction for Canyon Lake. Viewing the agent profiles, reviews and sales for Canyon Lake can provide insights for this location.

Local market activity for 4 bedroom single-family properties in Canyon Lake

In the last 12 months, 20 four-bedroom single-family properties similar to 195 Deepwell, have been sold.

This represents a 65% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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