Real Estate Investment Properties for Sale in Canyon Lake, TX

Looking for investment property in Canyon Lake, TX with high ROI ?

Explore a variety of short-term homes & houses in Canyon Lake, TX. Invest wisely with VRBO & Canyon Lake, TX Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Canyon Lake, TX

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1699 Lake Ridge Blvd Canyon Lake, TX UNDER ROOF SQUARE FOOTAGE IS APPROX 2,460! This unique home built in 2019 has an awesome "...	3 beds \| N/A baths \| 1,559 sq.ft.	$570,000	Airbnb cash on cash: -2.18% Traditional cash on cash: 1.94% Airbnb Rental Income: $457 Traditional Rental Income: $2386 Airbnb ROI: -2.18% Traditional ROI: 1.94%
Andrew Plan Canyon Lake, TX	3 beds \| 2 baths \| 2,091 sq.ft.	$423,990	Airbnb cash on cash: -2.53% Traditional cash on cash: 1.47% Airbnb Rental Income: $457 Traditional Rental Income: $1781 Airbnb ROI: -2.53% Traditional ROI: 1.47%
141 Wildwood Ln Canyon Lake, TX Prime CORNER LOT with Endless Potential in Canyon Lake! Per Comal Appraisal District, this...	1 beds \| N/A baths \| 1,536 sq.ft.	$215,000	Airbnb cash on cash: -3.14% Traditional cash on cash: 4.85% Airbnb Rental Income: $321 Traditional Rental Income: $1707 Airbnb ROI: -3.14% Traditional ROI: 4.85%
1730 SORREL CREEK DR Canyon Lake, TX Introducing this charming single-story home in the highly sought-after Canyon Lake area. N...	3 beds \| N/A baths \| 1,522 sq.ft.	$350,000	Airbnb cash on cash: -1.82% Traditional cash on cash: 2.82% Airbnb Rental Income: $457 Traditional Rental Income: $1715 Airbnb ROI: -1.82% Traditional ROI: 2.82%
1745 W Lakeside Drive Canyon Lake, TX Experience lakeside living in this spectacular 4,219 sq ft waterfront home, complete with ...	4 beds \| 4 baths \| 4,219 sq.ft.	$1,050,000	Airbnb cash on cash: -2.36% Traditional cash on cash: 1.35% Airbnb Rental Income: $628 Traditional Rental Income: $3958 Airbnb ROI: -2.36% Traditional ROI: 1.35%
1433 Riviera Drive Canyon Lake, TX HUGE PRICE REDUCTION (originally priced at $469,900). PROPERTY IS ALSO AVAILABLE FOR LEASE...	3 beds \| 3 baths \| 1,990 sq.ft.	$399,900	Airbnb cash on cash: -2.36% Traditional cash on cash: 3.72% Airbnb Rental Income: $457 Traditional Rental Income: $2471 Airbnb ROI: -2.36% Traditional ROI: 3.72%
14147 Fm 306 Canyon Lake, TX Been looking for a family compound/retreat that could earn income when not in use? This pr...	3 beds \| 2 baths \| 3,156 sq.ft.	$1,999,000	Airbnb cash on cash: -1.56% Traditional cash on cash: -0.47% Airbnb Rental Income: $457 Traditional Rental Income: $2211 Airbnb ROI: -1.56% Traditional ROI: -0.47%
1745 W Lakeside Canyon Lake, TX Experience luxury lakeside living in this exquisite 4,219 sq ft waterfront home, complete ...	4 beds \| N/A baths \| 4,891 sq.ft.	$1,050,000	Airbnb cash on cash: -2.46% Traditional cash on cash: -0.86% Airbnb Rental Income: $628 Traditional Rental Income: $1901 Airbnb ROI: -2.46% Traditional ROI: -0.86%
925 & 913 GLENN DR Canyon Lake, TX Discover this charming two-story home nestled along the tranquil shoreline of Canyon Lake,...	3 beds \| N/A baths \| 1,720 sq.ft.	$590,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 1.83% Airbnb Rental Income: $457 Traditional Rental Income: $1802 Airbnb ROI: -1.09% Traditional ROI: 1.83%
618 WAGON WHEEL DR Canyon Lake, TX Motivated seller, looking at all offers. Take this opportunity to snatch this one up while...	3 beds \| N/A baths \| 2,125 sq.ft.	$480,000	Airbnb cash on cash: -2.09% Traditional cash on cash: 2.72% Airbnb Rental Income: $457 Traditional Rental Income: $2354 Airbnb ROI: -2.09% Traditional ROI: 2.72%
4343 Morningside Way Canyon Lake, TX Owner financing available! Waterfront and Waterview Property on Canyon Lake! Three combine...	4 beds \| 3 baths \| 2,366 sq.ft.	$699,000	Airbnb cash on cash: -1.82% Traditional cash on cash: 1.11% Airbnb Rental Income: $628 Traditional Rental Income: $2244 Airbnb ROI: -1.82% Traditional ROI: 1.11%
837 Military Drive Canyon Lake, TX This is a super cool, retro-style, three-bedroom, two-bath, two-car garage home located in...	3 beds \| 2 baths \| 2,352 sq.ft.	$435,000	Airbnb cash on cash: -2.1% Traditional cash on cash: 3.08% Airbnb Rental Income: $457 Traditional Rental Income: $2302 Airbnb ROI: -2.1% Traditional ROI: 3.08%
1291 Springwater Canyon Lake, TX Discover a peaceful hill-country retreat with wraparound lake-view living. Perched above t...	2 beds \| N/A baths \| 1,401 sq.ft.	$310,000	Airbnb cash on cash: -2% Traditional cash on cash: 3.12% Airbnb Rental Income: $408 Traditional Rental Income: $1646 Airbnb ROI: -2% Traditional ROI: 3.12%
673 Deer Run Pass Canyon Lake, TX Beautiful Hill Country home offering 4 bedrooms 2 bathrooms. Enter the spacious furnished ...	4 beds \| 2 baths \| 1,493 sq.ft.	$274,000	Airbnb cash on cash: -1.53% Traditional cash on cash: 5.16% Airbnb Rental Income: $628 Traditional Rental Income: $2061 Airbnb ROI: -1.53% Traditional ROI: 5.16%
466 TWIN ELM DR Canyon Lake, TX Motivated seller, bring all offers!! Step into this inviting open-concept floor plan, perf...	3 beds \| N/A baths \| 1,292 sq.ft.	$275,000	Airbnb cash on cash: -1.9% Traditional cash on cash: 3.48% Airbnb Rental Income: $457 Traditional Rental Income: $1586 Airbnb ROI: -1.9% Traditional ROI: 3.48%
1156 Riviera Drive Canyon Lake, TX Welcome to this beautifully upgraded property offering an open and inviting floor plan des...	3 beds \| 3 baths \| 2,244 sq.ft.	$429,000	Airbnb cash on cash: -1.91% Traditional cash on cash: 3.1% Airbnb Rental Income: $457 Traditional Rental Income: $2208 Airbnb ROI: -1.91% Traditional ROI: 3.1%
1012 Mourning Dove Canyon Lake, TX Perched along scenic Skyline Drive, this breathtaking custom log cabin offers the ultimate...	5 beds \| 4 baths \| 4,900 sq.ft.	$995,000	Airbnb cash on cash: -2.56% Traditional cash on cash: 0.73% Airbnb Rental Income: $724 Traditional Rental Income: $3462 Airbnb ROI: -2.56% Traditional ROI: 0.73%
633 Flaman Road Canyon Lake, TX STUNNING LAKE VIEWS! Welcome to 633 Flaman Road, where jaw-dropping lake and Texas Hill Co...	4 beds \| 3 baths \| 3,461 sq.ft.	$874,900	Airbnb cash on cash: -1.82% Traditional cash on cash: 0.51% Airbnb Rental Income: $628 Traditional Rental Income: $2237 Airbnb ROI: -1.82% Traditional ROI: 0.51%
3006 COMAL SPRINGS Canyon Lake, TX	5 beds \| 4 baths \| 3,788 sq.ft.	$915,000	Airbnb cash on cash: -2.39% Traditional cash on cash: 1.29% Airbnb Rental Income: $724 Traditional Rental Income: $3550 Airbnb ROI: -2.39% Traditional ROI: 1.29%
428 Kings Dr Canyon Lake, TX Hilltop Haven with Canyon Lake Dam Views - No HOA! Welcome to your cozy retreat in the hea...	3 beds \| N/A baths \| 1,304 sq.ft.	$269,000	Airbnb cash on cash: -2.07% Traditional cash on cash: 3.59% Airbnb Rental Income: $457 Traditional Rental Income: $1627 Airbnb ROI: -2.07% Traditional ROI: 3.59%
1535 Bonnyview Dr Canyon Lake, TX Turnkey Canyon Lake short-term rental opportunity just minutes from Comal Park. This fully...	3 beds \| 3 baths \| 1,920 sq.ft.	$375,000	Airbnb cash on cash: -1.9% Traditional cash on cash: 2.45% Airbnb Rental Income: $457 Traditional Rental Income: $1721 Airbnb ROI: -1.9% Traditional ROI: 2.45%
1039 Primrose Path Canyon Lake, TX Welcome to The Primrose Retreat, a refined Hill Country residence tucked inside the gated ...	3 beds \| 2 baths \| 1,712 sq.ft.	$499,900	Airbnb cash on cash: -2.01% Traditional cash on cash: 1.86% Airbnb Rental Income: $457 Traditional Rental Income: $2003 Airbnb ROI: -2.01% Traditional ROI: 1.86%
2662 Edgegrove Canyon Lake, TX Rare opportunity at $568K to own a charming 2BD/2BA log cabin retreat on a full 0.73 acres...	2 beds \| 2 baths \| 1,498 sq.ft.	$568,000	Airbnb cash on cash: -1.64% Traditional cash on cash: 1.35% Airbnb Rental Income: $408 Traditional Rental Income: $1734 Airbnb ROI: -1.64% Traditional ROI: 1.35%
1651 Lake Ridge Boulevard Canyon Lake, TX Perched on a 1.67-acre hilltop lot in Lake Ridge at Canyon Lake, this custom single-story ...	3 beds \| 4 baths \| 2,616 sq.ft.	$775,000	Airbnb cash on cash: -2.56% Traditional cash on cash: 0.95% Airbnb Rental Income: $457 Traditional Rental Income: $2733 Airbnb ROI: -2.56% Traditional ROI: 0.95%
2406 Connie Drive Canyon Lake, TX Your Waterfront Paradise Awaits! This dreamy two-story lake house beautifully remodeled in...	4 beds \| 3 baths \| 3,326 sq.ft.	$1,189,000	Airbnb cash on cash: -2.12% Traditional cash on cash: 0.06% Airbnb Rental Income: $628 Traditional Rental Income: $2749 Airbnb ROI: -2.12% Traditional ROI: 0.06%
381 Monarch Canyon Lake, TX Discover Hill Country living at its finest in this beautifully maintained 3-bedroom, 2-bat...	3 beds \| 2 baths \| 1,707 sq.ft.	$419,900	Airbnb cash on cash: -2.75% Traditional cash on cash: 1.75% Airbnb Rental Income: $457 Traditional Rental Income: $1963 Airbnb ROI: -2.75% Traditional ROI: 1.75%
354 Lake Forest Canyon Lake, TX WOW! This one is spectacular! It has been wonderfully remodeled with great attention to de...	4 beds \| N/A baths \| 2,251 sq.ft.	$549,900	Airbnb cash on cash: -1.52% Traditional cash on cash: 4.03% Airbnb Rental Income: $628 Traditional Rental Income: $3183 Airbnb ROI: -1.52% Traditional ROI: 4.03%
1108 Long Hollow Canyon Lake, TX Nestled in the serene Mystic Bluffs community of Canyon Lake, this stunning 2,503 sqft hom...	3 beds \| 4 baths \| 2,503 sq.ft.	$725,000	Airbnb cash on cash: -2.12% Traditional cash on cash: 1.85% Airbnb Rental Income: $457 Traditional Rental Income: $2877 Airbnb ROI: -2.12% Traditional ROI: 1.85%
553 Scenic Drive Canyon Lake, TX Are you looking for your next investment property (this home comes with the option to be f...	3 beds \| 1 baths \| 1,116 sq.ft.	$263,900	Airbnb cash on cash: -1.67% Traditional cash on cash: 2.91% Airbnb Rental Income: $457 Traditional Rental Income: $1331 Airbnb ROI: -1.67% Traditional ROI: 2.91%
1460 OC TROUT DR Canyon Lake, TX You're invited to explore a truly unique architectural masterpiece! This stunning steel be...	3 beds \| N/A baths \| 3,841 sq.ft.	$1,625,000	Airbnb cash on cash: -2.46% Traditional cash on cash: -0.72% Airbnb Rental Income: $457 Traditional Rental Income: $2826 Airbnb ROI: -2.46% Traditional ROI: -0.72%
238 Ledgeview Drive Canyon Lake, TX MILES AND MILES OF TEXAS.....EXCEPTIONAL VIEWS! Great remodel. Super fun Bungalow. Small b...	2 beds \| 2 baths \| 1,140 sq.ft.	$269,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 4.46% Airbnb Rental Income: $408 Traditional Rental Income: $1697 Airbnb ROI: -1.63% Traditional ROI: 4.46%
1035 Thunderbolt Road Canyon Lake, TX Perched high above the Texas Hill Country with sweeping views of Canyon Lake and the surro...	5 beds \| 5 baths \| 4,497 sq.ft.	$1,699,000	Airbnb cash on cash: -2.34% Traditional cash on cash: 0.11% Airbnb Rental Income: $724 Traditional Rental Income: $4283 Airbnb ROI: -2.34% Traditional ROI: 0.11%
2919 Colleen Drive Canyon Lake, TX Experience lake living at its finest in this beautifully updated Canyon Lake retreat, just...	4 beds \| 3 baths \| 2,352 sq.ft.	$650,000	Airbnb cash on cash: -1.98% Traditional cash on cash: 1.66% Airbnb Rental Income: $628 Traditional Rental Income: $2542 Airbnb ROI: -1.98% Traditional ROI: 1.66%
1151 Eastview Drive Canyon Lake, TX OPEN HOUSE: Open to the public on January 10th from 11-2pm!! Come take a look!! Step into ...	3 beds \| 2 baths \| 1,298 sq.ft.	$315,000	Airbnb cash on cash: -2.06% Traditional cash on cash: 3.67% Airbnb Rental Income: $457 Traditional Rental Income: $1889 Airbnb ROI: -2.06% Traditional ROI: 3.67%
1711 Lake Bluff Canyon Lake, TX $13,750 in Down Payment Assistance Available... USDA allows for ZERO TO CLOSE! Check out d...	3 beds \| 3 baths \| 1,938 sq.ft.	$349,860	Airbnb cash on cash: -2.14% Traditional cash on cash: 3.61% Airbnb Rental Income: $457 Traditional Rental Income: $2081 Airbnb ROI: -2.14% Traditional ROI: 3.61%
132 W Outer Drive Canyon Lake, TX Welcome to The West Haven Overlook, an exceptional Hill Country sanctuary located in the h...	3 beds \| 3 baths \| 3,054 sq.ft.	$499,000	Airbnb cash on cash: -2.73% Traditional cash on cash: 2.33% Airbnb Rental Income: $457 Traditional Rental Income: $2553 Airbnb ROI: -2.73% Traditional ROI: 2.33%
127 Forest Mist Canyon Lake, TX Farmhouse By The Lake {*STR PERMIT APPROVED*} Step inside and feel the character and c...	3 beds \| N/A baths \| 1,311 sq.ft.	$295,000	Airbnb cash on cash: -1.51% Traditional cash on cash: 3.93% Airbnb Rental Income: $457 Traditional Rental Income: $1703 Airbnb ROI: -1.51% Traditional ROI: 3.93%
1185 Parkview Drive unit: D24 #D24 Canyon Lake, TX Seller is offering a $10k credit toward BUYERS CLOSING COSTS AND/OR INTEREST RATE REDUCTIO...	2 beds \| 2 baths \| 913 sq.ft.	$279,900	Airbnb cash on cash: -3.1% Traditional cash on cash: 3.86% Airbnb Rental Income: $408 Traditional Rental Income: $1987 Airbnb ROI: -3.1% Traditional ROI: 3.86%

Real Estate investment in Canyon-lake, TX

There are 274 properties for sale in the city of Canyon Lake . The median list price in Canyon Lake is $429,900 and the average price per square foot is $200. In February 2026, the average monthly cash on cash return in Canyon Lake is 3.00%. The average monthly rental income in Canyon Lake is $1,903.

Canyon-lake, TX Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 274 investment properties available for sale in Canyon-lake.

In 2026, the best neighborhood to buy investment property is Canyon Lake.

The ROI for Long-Term is higher than the Short-Term in Canyon-lake with average rental income of $1,903.

Your search for investment property begins and ends here

Investment Property for Sale in Canyon Lake, TX

1699 Lake Ridge Blvd

Canyon Lake, TX

3 beds | N/A baths | 1,559 sq.ft.

$570,000

Airbnb cash on cash: -2.18%

Traditional cash on cash: 1.94%

Airbnb Rental Income: $457

Traditional Rental Income: $2386

Airbnb ROI: -2.18%

Traditional ROI: 1.94%

Andrew Plan

Canyon Lake, TX

3 beds | 2 baths | 2,091 sq.ft.

$423,990

Airbnb cash on cash: -2.53%

Traditional cash on cash: 1.47%

Airbnb Rental Income: $457

Traditional Rental Income: $1781

Airbnb ROI: -2.53%

Traditional ROI: 1.47%

141 Wildwood Ln

Canyon Lake, TX

1 beds | N/A baths | 1,536 sq.ft.

$215,000

Airbnb cash on cash: -3.14%

Traditional cash on cash: 4.85%

Airbnb Rental Income: $321

Traditional Rental Income: $1707

Airbnb ROI: -3.14%

Traditional ROI: 4.85%

1730 SORREL CREEK DR

Canyon Lake, TX

3 beds | N/A baths | 1,522 sq.ft.

$350,000

Airbnb cash on cash: -1.82%

Traditional cash on cash: 2.82%

Airbnb Rental Income: $457

Traditional Rental Income: $1715

Airbnb ROI: -1.82%

Traditional ROI: 2.82%

1745 W Lakeside Drive

Canyon Lake, TX

4 beds | 4 baths | 4,219 sq.ft.

$1,050,000

Airbnb cash on cash: -2.36%

Traditional cash on cash: 1.35%

Airbnb Rental Income: $628

Traditional Rental Income: $3958

Airbnb ROI: -2.36%

Traditional ROI: 1.35%

1433 Riviera Drive

Canyon Lake, TX

3 beds | 3 baths | 1,990 sq.ft.

$399,900

Airbnb cash on cash: -2.36%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $457

Traditional Rental Income: $2471

Airbnb ROI: -2.36%

Traditional ROI: 3.72%

14147 Fm 306

Canyon Lake, TX

3 beds | 2 baths | 3,156 sq.ft.

$1,999,000

Airbnb cash on cash: -1.56%

Traditional cash on cash: -0.47%

Airbnb Rental Income: $457

Traditional Rental Income: $2211

Airbnb ROI: -1.56%

Traditional ROI: -0.47%

1745 W Lakeside

Canyon Lake, TX

4 beds | N/A baths | 4,891 sq.ft.

$1,050,000

Airbnb cash on cash: -2.46%

Traditional cash on cash: -0.86%

Airbnb Rental Income: $628

Traditional Rental Income: $1901

Airbnb ROI: -2.46%