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 \| 3 baths \| 1,559 sq.ft.	$559,000	Airbnb cash on cash: -2.2% Traditional cash on cash: 2% Airbnb Rental Income: $457 Traditional Rental Income: $2386 Airbnb ROI: -2.2% Traditional ROI: 2%
2550 Colleen Canyon Lake, TX Welcome to waterfront living at its finest in the desirable Canyon Lake Village West subdi...	3 beds \| 3 baths \| 2,688 sq.ft.	$1,198,000	Airbnb cash on cash: -2.38% Traditional cash on cash: -0.36% Airbnb Rental Income: $457 Traditional Rental Income: $2449 Airbnb ROI: -2.38% Traditional ROI: -0.36%
1730 SORREL CREEK DR Canyon Lake, TX Introducing this charming single-story home in the highly sought-after Canyon Lake area. N...	3 beds \| 2 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%
2171 Sierra Madre Canyon Lake, TX This immaculate luxury home offers a rare opportunity to own a residence that has never be...	4 beds \| 4 baths \| 3,226 sq.ft.	$850,000	Airbnb cash on cash: -2.22% Traditional cash on cash: 1.6% Airbnb Rental Income: $628 Traditional Rental Income: $3362 Airbnb ROI: -2.22% Traditional ROI: 1.6%
14147 Fm 306 Canyon Lake, TX Laird's Hideaway is a rare, fully gated Hill Country family compound located in the heart ...	3 beds \| 2 baths \| 3,156 sq.ft.	$1,875,000	Airbnb cash on cash: -1.6% Traditional cash on cash: -0.44% Airbnb Rental Income: $457 Traditional Rental Income: $2211 Airbnb ROI: -1.6% Traditional ROI: -0.44%
1837 Colleen Drive Canyon Lake, TX The Treehouse! This unique, 4-level property features two separate housing units and offer...	3 beds \| 3 baths \| 1,645 sq.ft.	$439,000	Airbnb cash on cash: -1.45% Traditional cash on cash: 3.66% Airbnb Rental Income: $457 Traditional Rental Income: $2294 Airbnb ROI: -1.45% Traditional ROI: 3.66%
1745 W Lakeside Canyon Lake, TX Experience luxury lakeside living in this exquisite 4,219 sq ft waterfront home, complete ...	4 beds \| 4 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 \| 3 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%
1211 Sherwood Drive Canyon Lake, TX Welcome to 1211 Sherwood Dr., located on an oversized corner lot in the heart of Canyon La...	3 beds \| 3 baths \| 2,532 sq.ft.	$450,000	Airbnb cash on cash: -2.3% Traditional cash on cash: 2.73% Airbnb Rental Income: $457 Traditional Rental Income: $2312 Airbnb ROI: -2.3% Traditional ROI: 2.73%
306 Dietert unit: 106 Canyon Lake, TX UNIT 106 - 2 BR, 2 BATH, 1/2 BATH - BUILT 1984, 1168 SF ATTACHED GARAGE 312 SF. TWO STORY,...	N/A beds \| N/A baths \| 1,168 sq.ft.	$189,000	Airbnb cash on cash: -4.91% Traditional cash on cash: 2.73% Airbnb Rental Income: $274 Traditional Rental Income: $1412 Airbnb ROI: -4.91% Traditional ROI: 2.73%
4343 & 4329 Morningside Way Canyon Lake, TX Owner financing available! Waterfront and Waterview Property on Canyon Lake! Two combined ...	3 beds \| 3 baths \| 2,366 sq.ft.	$550,000	Airbnb cash on cash: -2.31% Traditional cash on cash: 1.68% Airbnb Rental Income: $457 Traditional Rental Income: $2244 Airbnb ROI: -2.31% Traditional ROI: 1.68%
1701 Charter Oak Drive Canyon Lake, TX Welcome home to breathtaking Hill Country living! Enjoy endless sunsets and a peek of Cany...	3 beds \| 3 baths \| 2,263 sq.ft.	$535,000	Airbnb cash on cash: -2.2% Traditional cash on cash: 1.77% Airbnb Rental Income: $457 Traditional Rental Income: $2178 Airbnb ROI: -2.2% Traditional ROI: 1.77%
156 Deer Run Pass Canyon Lake, TX Experience effortless Hill Country living in this like-new 3-bedroom, 2-bath home on the d...	3 beds \| 2 baths \| 1,470 sq.ft.	$325,000	Airbnb cash on cash: -2.26% Traditional cash on cash: 2.86% Airbnb Rental Income: $457 Traditional Rental Income: $1756 Airbnb ROI: -2.26% Traditional ROI: 2.86%
570 Forest Crest Canyon Lake, TX Lake Life Awaits! Beautifully updated 3-bedroom, 2-bath home just blocks from Canyon Lake,...	3 beds \| 2 baths \| 1,604 sq.ft.	$395,000	Airbnb cash on cash: -2.02% Traditional cash on cash: 2.44% Airbnb Rental Income: $457 Traditional Rental Income: $1844 Airbnb ROI: -2.02% Traditional ROI: 2.44%
1291 Springwater Canyon Lake, TX Discover a peaceful hill-country retreat with wraparound lake-view living. Perched above t...	2 beds \| 2 baths \| 1,401 sq.ft.	$309,000	Airbnb cash on cash: -2.01% Traditional cash on cash: 3.13% Airbnb Rental Income: $408 Traditional Rental Income: $1646 Airbnb ROI: -2.01% Traditional ROI: 3.13%
1118 Lonesome Canyon Lake, TX Great investment property; not restricted for short term rentals! Charming custom home wit...	2 beds \| 2 baths \| 1,014 sq.ft.	$279,900	Airbnb cash on cash: -1.74% Traditional cash on cash: 4.24% Airbnb Rental Income: $408 Traditional Rental Income: $1729 Airbnb ROI: -1.74% Traditional ROI: 4.24%
874 Lakebreeze Drive Canyon Lake, TX Welcome to your waterfront escape at 874 Lake Breeze in Canyon Lake-where Hill Country bea...	5 beds \| 5 baths \| 3,248 sq.ft.	$1,275,000	Airbnb cash on cash: -1.86% Traditional cash on cash: 0.86% Airbnb Rental Income: $724 Traditional Rental Income: $3635 Airbnb ROI: -1.86% Traditional ROI: 0.86%
952 Parkview Drive Canyon Lake, TX Beautiful Canyon Lake home offering the perfect blend of comfort, views, and lake-life liv...	3 beds \| 3 baths \| 1,787 sq.ft.	$299,900	Airbnb cash on cash: -2.72% Traditional cash on cash: 4% Airbnb Rental Income: $457 Traditional Rental Income: $2087 Airbnb ROI: -2.72% Traditional ROI: 4%
464 Upland Ct. Canyon Lake, TX Welcome to 464 Upland Ct-a charming single-story ranch-style home offering 3 spacious bedr...	4 beds \| 3 baths \| 2,512 sq.ft.	$674,759	Airbnb cash on cash: -1.41% Traditional cash on cash: 2.11% Airbnb Rental Income: $628 Traditional Rental Income: $2552 Airbnb ROI: -1.41% Traditional ROI: 2.11%
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.	$950,000	Airbnb cash on cash: -2.64% Traditional cash on cash: 0.81% Airbnb Rental Income: $724 Traditional Rental Income: $3462 Airbnb ROI: -2.64% Traditional ROI: 0.81%
1954 Comfort Canyon Lake, TX Lakeview home just 2 blocks from the lake and the nearby boat ramp! This spacious 4-bedroo...	4 beds \| 2 baths \| 1,684 sq.ft.	$425,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 2.54% Airbnb Rental Income: $628 Traditional Rental Income: $1960 Airbnb ROI: -1.54% Traditional ROI: 2.54%
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.	$864,900	Airbnb cash on cash: -1.83% Traditional cash on cash: 0.53% Airbnb Rental Income: $628 Traditional Rental Income: $2237 Airbnb ROI: -1.83% Traditional ROI: 0.53%
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%
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%
1548 Valley Forest Canyon Lake, TX Beautiful Hill Country retreat near Canyon Lake! Situated on two spacious lots with mature...	3 beds \| 2 baths \| 1,312 sq.ft.	$270,000	Airbnb cash on cash: -1.94% Traditional cash on cash: 3.63% Airbnb Rental Income: $457 Traditional Rental Income: $1610 Airbnb ROI: -1.94% Traditional ROI: 3.63%
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%
971 Barbara Drive Canyon Lake, TX STR'S ALLOWED. Experience the best of Canyon Lake living at 971 Barbara Drive, where lake ...	3 beds \| 3 baths \| 3,042 sq.ft.	$775,000	Airbnb cash on cash: -2.05% Traditional cash on cash: 1.31% Airbnb Rental Income: $457 Traditional Rental Income: $2619 Airbnb ROI: -2.05% Traditional ROI: 1.31%
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.	$1,159,000	Airbnb cash on cash: -2.15% Traditional cash on cash: 0.09% Airbnb Rental Income: $628 Traditional Rental Income: $2749 Airbnb ROI: -2.15% Traditional ROI: 0.09%
175 Lorne Road Canyon Lake, TX Spacious 3 bedroom, 2.5 bath home situated on over 0.50 acre with a 2-car garage. Main liv...	3 beds \| 3 baths \| 1,860 sq.ft.	$449,900	Airbnb cash on cash: -1.99% Traditional cash on cash: 2.81% Airbnb Rental Income: $457 Traditional Rental Income: $2214 Airbnb ROI: -1.99% Traditional ROI: 2.81%
2078 Connie Drive Canyon Lake, TX The foyer opens into an expansive formal dining, living, and kitchen area defined by vault...	4 beds \| 4 baths \| 3,263 sq.ft.	$1,525,000	Airbnb cash on cash: -2.04% Traditional cash on cash: -0.01% Airbnb Rental Income: $628 Traditional Rental Income: $3211 Airbnb ROI: -2.04% Traditional ROI: -0.01%
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 \| 5 baths \| 2,251 sq.ft.	$519,900	Airbnb cash on cash: -1.55% Traditional cash on cash: 4.31% Airbnb Rental Income: $628 Traditional Rental Income: $3183 Airbnb ROI: -1.55% Traditional ROI: 4.31%
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 \| 4 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%
3140 Westview Drive Canyon Lake, TX Rare Rock Bottom Tax Rate & 270 Vistas \| The Ultimate Canyon Lake Retreat Have you ever fo...	4 beds \| 5 baths \| 4,250 sq.ft.	$888,880	Airbnb cash on cash: -1.18% Traditional cash on cash: 4.7% Airbnb Rental Income: $628 Traditional Rental Income: $5201 Airbnb ROI: -1.18% Traditional ROI: 4.7%
205 Woodridge Canyon Lake, TX Charming, fully furnished 3-bedroom, 2-bath lake house with picture-perfect appeal. Beauti...	3 beds \| 2 baths \| 1,294 sq.ft.	$284,900	Airbnb cash on cash: -1.91% Traditional cash on cash: 3.21% Airbnb Rental Income: $457 Traditional Rental Income: $1567 Airbnb ROI: -1.91% Traditional ROI: 3.21%
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.	$640,000	Airbnb cash on cash: -2% Traditional cash on cash: 1.7% Airbnb Rental Income: $628 Traditional Rental Income: $2542 Airbnb ROI: -2% Traditional ROI: 1.7%

Real Estate investment in Canyon-lake, TX

There are 346 properties for sale in the city of Canyon Lake . The median list price in Canyon Lake is $449,900 and the average price per square foot is $215. In April 2026, the average monthly cash on cash return in Canyon Lake is 3.00%. The average monthly rental income in Canyon Lake is $1,976.

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

There are 346 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 $1,976.

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 | 3 baths | 1,559 sq.ft.

$559,000

Airbnb cash on cash: -2.2%

Traditional cash on cash: 2%

Airbnb Rental Income: $457

Traditional Rental Income: $2386

Airbnb ROI: -2.2%

Traditional ROI: 2%

2550 Colleen

Canyon Lake, TX

3 beds | 3 baths | 2,688 sq.ft.

$1,198,000

Airbnb cash on cash: -2.38%

Traditional cash on cash: -0.36%

Airbnb Rental Income: $457

Traditional Rental Income: $2449

Airbnb ROI: -2.38%

Traditional ROI: -0.36%

1730 SORREL CREEK DR

Canyon Lake, TX

3 beds | 2 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%

2171 Sierra Madre

Canyon Lake, TX

4 beds | 4 baths | 3,226 sq.ft.

$850,000

Airbnb cash on cash: -2.22%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $628

Traditional Rental Income: $3362

Airbnb ROI: -2.22%

Traditional ROI: 1.6%

14147 Fm 306

Canyon Lake, TX

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

$1,875,000

Airbnb cash on cash: -1.6%

Traditional cash on cash: -0.44%

Airbnb Rental Income: $457

Traditional Rental Income: $2211

Airbnb ROI: -1.6%

Traditional ROI: -0.44%

1837 Colleen Drive

Canyon Lake, TX

3 beds | 3 baths | 1,645 sq.ft.

$439,000

Airbnb cash on cash: -1.45%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $457

Traditional Rental Income: $2294

Airbnb ROI: -1.45%

Traditional ROI: 3.66%

1745 W Lakeside

Canyon Lake, TX

4 beds | 4 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%