Canyon Lake, TX Multifamily Homes & Duplexes for Sale

/40
$1,100,000
- 5 Beds
- 4.5 Baths
- 3,330 Sq Ft
1677 Mciver, Canyon Lake, TX 78133

This unique property offers three separate living spaces, each with the versatility for long-term or short-term rental use. The current owners lease the ~2,236 sq ft, 3BD/2.5BA main residence to a long-term tenant, while operating the two fully remodeled studio cottages (~393 sq ft and ~700 sq ft) as short-term rentals. Both cottages feature private hot tubs, hand-built outdoor living spaces, and

Jill Powell

Engel & Volkers Austin

(830) 283-6538

1677 Mciver, Canyon Lake, TX 78133
Explore Canyon Lake
/38
$490,000
- 4 Beds
- 2 Baths
- 1,640 Sq Ft
482 Dusty Saddle, Canyon Lake, TX 78133

Two Newly Built Hill Country Cabins for Sale – Each with a Private Hot Tub & High-Speed Internet!Welcome to your serene Hill Country retreat! These two brand-new 2-bedroom, 1-bath cabins — completed in 2025 — are now available for purchase, offering a rare opportunity to own a stylish, modern escape in the heart of Texas Hill Country. Whether you're looking for a personal getaway,

Michelle Brecker Pathway to Home Realty

482 Dusty Saddle, Canyon Lake, TX 78133
/43
$359,900
1224 Campfire, Spring Branch, TX 78070

Motivated seller!!!! Make your offer on this rare gem in the Heart of the Hill Country! This one-of-a-kind property is more than just land and structures-it's a thoughtfully designed retreat where every detail was crafted to enhance convenience, comfort, and functionality. Both homes come mostly furnished!!! The owner went the extra mile to make life easier and more efficient, with well-planned

Jami Wood Keller Williams Heritage

1224 Campfire, Spring Branch, TX 78070
/26
$199,000
- 3 Beds
- 1 Bath
- 1,940 Sq Ft
277 Thunderhead St, Spring Branch, TX 78070

Great investment opportunity, ( generate rental income upon completion of apartment and tiny homes) or use for quarters for multi generational living. NO HOA Short term rentals allowed. Main house has been remodeled 1440 sq ft plus approximately 500 sq ft 2 story apartment that needs to be completed . There are also 2 out buildings (approximately 25 x 12 ) each that are well built and could be

Phyllis Brunner All City San Antonio Registere

277 Thunderhead St, Spring Branch, TX 78070
/13
$350,000
- 1,300 Sq Ft
1665 Roadside Dr, Canyon Lake, TX 78133

Investors come discover the perfect blend of modern design and nature in this stunning single-story, 2-unit duplex. Built with a durable metal structure, each unit boasts separate central air, carports, and ample space. Surrounded by mature trees, it offers serene living and practicality-a dream for renters.

Tami Ramzinski Luxury Home & Land Sales, LLC

1665 Roadside Dr, Canyon Lake, TX 78133

Texas Comal County Canyon Lake

Why Live in Canyon Lake

Canyon Lake, TX, known as the “Water Recreation Capital of Texas,” is a small community centered around a reservoir that attracts visitors for camping, swimming, and boating. With a population of just over 31,000, the area thrives on outdoor recreation and tourism, especially from March to November. The lake's 80 miles of shoreline feature parks, campsites, and marinas, offering activities like boating, fishing, and scuba diving. Popular spots include Cranes Mill Park, Potter’s Creek Park, and the Canyon Lake Gorge. For live music, Whitewater Amphitheater on the Guadalupe River is a local favorite. Housing options range from waterfront homes in Canyon Lake Hills to gated neighborhoods like Oak Shores. Dining options include Gennaro's Trattoria for Italian cuisine and Granny D’s for hearty breakfasts. Annual events such as the Canyon Lake Area Chamber BBQ Cook-Off and the Startzville Independence Day Parade foster community spirit. The Heritage Museum of Texas Hill Country offers educational programs and dinosaur footprint displays. The Comal Independent School District, including Rebecca Creek Elementary and Canyon Lake High School, is highly rated. While there is no public transportation, Highway 281 and State Highway 46 provide access to San Antonio (45 miles away) and New Braunfels (20 miles away). The area experiences hot summers and mild winters, with fluctuating water levels due to floods and droughts.

Learn more about living in Canyon Lake

Home Trends in Canyon Lake, TX

On average, homes in Canyon Lake, TX sell after 128 days on the market compared to the national average of 52 days. The median sale price for homes in Canyon Lake, TX over the last 12 months is $425,300, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$425,300

Median Single Family Sale Price

$439,990

Median Townhouse Sale Price

$247,500

Median 2 Bedroom Sale Price

$217,000

Median 1 Bedroom Sale Price

$178,900

Average Price Per Sq Ft

$248

Number of Homes for Sale

623

Last 12 months Home Sales

856

Months of Supply

8.70

Median List Price

$469,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Canyon Lake, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $199,000 to $1,100,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Canyon Lake is $469,000, while the average sale price is $483,554, offering insights into the local housing market. On average, multi-family homes spend 128 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Canyon Lake, TX.

Canyon Lake Types of Homes for Sale

Canyon Lake Real Estate Listings

More About Living in Canyon Lake

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