195 Deepwell, Canyon Lake, TX 78133
Local realty services provided by:ERA Colonial Real Estate



195 Deepwell,Canyon Lake, TX 78133
$958,888
- 4 Beds
- 3 Baths
- 2,586 sq. ft.
- Single family
- Active
Listed by:sterling williams(210) 569-9008, Swilliams@multiunitx.com
Office:real broker, llc.
MLS#:1885458
Source:SABOR
Price summary
- Price:$958,888
- Price per sq. ft.:$370.8
About this home
Live the Hill Country Dream with Strong STR Occupancy History Perched above Canyon Lake with sweeping hilltop views, this unrestricted retreat offers a rare opportunity to own a beautifully upgraded property with strong income-generating history. 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 opens up to the large floor-to-ceiling windows in the living room that frames serene Hill Country wildlife views and creates a stunning gathering area for users 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
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Home facts
- Year built:1980
- Listing Id #:1885458
- Added:34 day(s) ago
- Updated:August 22, 2025 at 02:41 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,586 sq. ft.
Heating and cooling
- Cooling:One Central, Zoned
- Heating:Central, Electric, Wood Stove
Structure and exterior
- Roof:Metal
- Year built:1980
- Building area:2,586 sq. ft.
- Lot area:0.76 Acres
Schools
- High school:Canyon Lake
- Middle school:Mountain Valley
- Elementary school:Mountain Valley
Utilities
- Water:Water System
- Sewer:Septic
Finances and disclosures
- Price:$958,888
- Price per sq. ft.:$370.8
- Tax amount:$6,722 (2025)
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