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Michelle Daep

realtormichelledaep@gmail.com +1(210) 941-7809

$ 799,000

Est. payment | -/mo

4 Beds

3 Baths

2,470 SqFt

Save

$ 799,000

Est. payment | -/mo

Save

4 Beds

3 Baths

2,470 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Residential

Listing Status Active

Purchase Type For Sale

Square Footage 2,470 sqft

Price per Sqft $323

Subdivision Maricopa Ranch

MLS Listing ID 1923260

Style Two Story,Historic/Older,Texas Hill Country

Bedrooms 4

Full Baths 2

Half Baths 1

Construction Status Pre-Owned

HOA Y/N No

Year Built 1940

Annual Tax Amount $11,030

Tax Year 2025

Lot Size 2.930 Acres

Property Sub-Type Single Residential

Property Description

Unbelievable Commercial or Residential Opportunity! This 2.93-acre corner property sits at a lighted intersection on the SW corner of FM 306 and Maricopa Dr., right in the heart of Canyon Lake's Sattler community. Just across from Mountain Valley Elementary and only 0.4 miles from the Guadalupe's Horseshoe, Whitewater Amphitheater, and Camp Fimfo-all less than a minute's drive. The AADT on FM 306 just west of FM 2673 is 10,916 (2024), offering prime visibility and exposure. The Comal Appraisal District designates this property as Commercial, though it currently features a 2,470 SF structure built in 1940. Its layout suggests it may have once served as a lodge or small hotel, though it has been used as a single-family residence for the past 43 years. There are no zoning or deed restrictions, opening the door to endless possibilities for redevelopment. With approx. 324 feet of frontage on FM 306, the site is ideal for a variety of uses-commercial, hospitality, or residential. The existing structure could easily be repurposed into a restaurant, bed & breakfast, lodge, or boutique hotel, while the adjoining land could accommodate a new commercial building on the hard corner. Alternatively, the existing improvements could be removed to make way for a larger commercial development-or kept as a vintage, character-filled homestead on a spacious 2.93-acre tract. Property is part of an estate sale and will convey AS-IS with no seller's disclosures. Water service provided by Texas Water Co.; on-site conventional septic system replaced in 2019 (permit available). Don't miss this rare chance to secure one of Canyon Lake's most versatile and high-visibility corner parcels-the opportunities here are truly endless!

Location

State TX

County Comal

Area 2607

Rooms

Master Bathroom Main Level 10X4 Tub/Shower Combo, Single Vanity

Master Bedroom Main Level 22X13 DownStairs

Bedroom 2 Main Level 8X14

Bedroom 3 Main Level 14X10

Bedroom 4 2nd Level 9X13

Living Room Main Level 17X15

Dining Room Main Level 9X14

Kitchen Main Level 13X9

Family Room Main Level 23X13

Interior

Heating None

Cooling One Window/Wall

Flooring Carpeting, Linoleum, Vinyl, Unstained Concrete

Inclusions Ceiling Fans, Washer Connection, Dryer Connection, Electric Water Heater, Private Garbage Service

Heat Source Electric

Exterior

Exterior Feature Mature Trees, Wire Fence, Ranch Fence, Other - See Remarks

Parking Features None/Not Applicable

Pool None

Amenities Available Other - See Remarks, None

Roof Type Metal,Other

Private Pool N

Building

Lot Description Corner, Irregular, 2 - 5 Acres, Partially Wooded, Mature Trees (ext feat), Level

Faces East

Foundation Slab

Sewer Septic

Water Co-op Water

Construction Status Pre-Owned

Schools

Elementary Schools Mountain Valley

Middle Schools Mountain Valley

High Schools Canyon Lake

School District Comal

Others

Miscellaneous Estate Sale Probate,Commercial Potential,Investor Potential,As-Is

Acceptable Financing Conventional, Cash, Other

Listing Terms Conventional, Cash, Other

LERA MLS - Local Expertise Regional Access / SABOR

Listed by Cynthia Griffin • SAXET Realty, Inc • (850) 313-9890

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs!!

+1(210) 941-7809

realtormichelledaep@gmail.com

Learn More About LPT Realty

110 Maricopa Canyon Lake, TX 78133