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%
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%
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%
632 Lasso Loop Canyon Lake, TX OPEN HOUSE, NOV 15, 1-3PM Experience stunning sunsets and breathtaking valley views fr...	3 beds \| N/A baths \| 1,755 sq.ft.	$475,000	Airbnb cash on cash: -2.13% Traditional cash on cash: 1.91% Airbnb Rental Income: $457 Traditional Rental Income: $1988 Airbnb ROI: -2.13% Traditional ROI: 1.91%
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.	$600,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 1.79% Airbnb Rental Income: $457 Traditional Rental Income: $1802 Airbnb ROI: -1.09% Traditional ROI: 1.79%
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%
102 SAGE Road Canyon Lake, TX Beautiful water view from every room of the home through big picture windows. This slpit l...	3 beds \| 3 baths \| 1,983 sq.ft.	$499,999	Airbnb cash on cash: -1.57% Traditional cash on cash: 2.94% Airbnb Rental Income: $457 Traditional Rental Income: $2297 Airbnb ROI: -1.57% Traditional ROI: 2.94%
4343 Morningside Way Canyon Lake, TX Waterfront and Waterview Property on Canyon Lake! Three combined lots totaling approx. 0.7...	3 beds \| 3 baths \| 2,366 sq.ft.	$699,000	Airbnb cash on cash: -2.04% Traditional cash on cash: 1.11% Airbnb Rental Income: $457 Traditional Rental Income: $2244 Airbnb ROI: -2.04% Traditional ROI: 1.11%
1272 Rotherman Canyon Lake, TX Charming & Affordable Home with Bluff Views in Tamarack Shores Fully remodeled 2-bedroom, ...	2 beds \| N/A baths \| 1,481 sq.ft.	$215,000	Airbnb cash on cash: -2.15% Traditional cash on cash: 5.39% Airbnb Rental Income: $408 Traditional Rental Income: $1688 Airbnb ROI: -2.15% Traditional ROI: 5.39%
943 Parkview Drive unit: C7 #C7 Canyon Lake, TX Whether you're searching for a low-maintenance lakeside home or a ready-to-go short-term r...	1 beds \| 1 baths \| 732 sq.ft.	$149,999	Airbnb cash on cash: -4.22% Traditional cash on cash: 3.38% Airbnb Rental Income: $321 Traditional Rental Income: $1170 Airbnb ROI: -4.22% Traditional ROI: 3.38%
689 Abels Way Canyon Lake, TX MOTIVATED SELLERS!! Welcome to your private retreat, set on 8 sprawling, tree-covered acre...	3 beds \| N/A baths \| 1,775 sq.ft.	$665,000	Airbnb cash on cash: -2.1% Traditional cash on cash: 1.46% Airbnb Rental Income: $457 Traditional Rental Income: $2397 Airbnb ROI: -2.1% Traditional ROI: 1.46%
837 Military Drive Canyon Lake, TX Even with Canyon Lake at record low levels, this super cool 3/2/2 home in popular northsid...	3 beds \| 2 baths \| 2,352 sq.ft.	$470,000	Airbnb cash on cash: -2.02% Traditional cash on cash: 2.78% Airbnb Rental Income: $457 Traditional Rental Income: $2302 Airbnb ROI: -2.02% Traditional ROI: 2.78%
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.	$279,000	Airbnb cash on cash: -1.52% Traditional cash on cash: 5.05% Airbnb Rental Income: $628 Traditional Rental Income: $2061 Airbnb ROI: -1.52% Traditional ROI: 5.05%
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: -1.89% Traditional cash on cash: 3.48% Airbnb Rental Income: $457 Traditional Rental Income: $1586 Airbnb ROI: -1.89% Traditional ROI: 3.48%
464 Upland Ct. Canyon Lake, TX Welcome to 464 Upland Ct-a charming single-story ranch-style home offering 3 spacious bedr...	4 beds \| N/A 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%
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 \| N/A 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%
1039 Primrose Path Canyon Lake, TX Price Adjustment Vacant and move-in ready, this 3-bedroom, 2-bathroom home offers a pe...	3 beds \| 2 baths \| 1,683 sq.ft.	$499,900	Airbnb cash on cash: -1.89% Traditional cash on cash: 1.99% Airbnb Rental Income: $457 Traditional Rental Income: $2003 Airbnb ROI: -1.89% Traditional ROI: 1.99%
971 Barbara Drive Canyon Lake, TX STR ALLOWED Experience the best of Canyon Lake living at 971 Barbara Drive, where lake acc...	3 beds \| 3 baths \| 3,042 sq.ft.	$829,995	Airbnb cash on cash: -1.98% Traditional cash on cash: 1.16% Airbnb Rental Income: $457 Traditional Rental Income: $2619 Airbnb ROI: -1.98% Traditional ROI: 1.16%
2662 Edgegrove Canyon Lake, TX Exclusive opportunity at just $434k to own a charming 2BD/2BA log cabin retreat with priva...	2 beds \| 2 baths \| 1,498 sq.ft.	$434,000	Airbnb cash on cash: -1.83% Traditional cash on cash: 2.06% Airbnb Rental Income: $408 Traditional Rental Income: $1734 Airbnb ROI: -1.83% Traditional ROI: 2.06%
1303 Canyon Edge Canyon Lake, TX Spacious Lakeview Retreat with Pool, Shop, and Lake Views - A Rare Find! Welcome to this b...	4 beds \| N/A baths \| 2,280 sq.ft.	$499,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 2.73% Airbnb Rental Income: $628 Traditional Rental Income: $2283 Airbnb ROI: -1.44% Traditional ROI: 2.73%
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.	$825,000	Airbnb cash on cash: -2.47% Traditional cash on cash: 0.84% Airbnb Rental Income: $457 Traditional Rental Income: $2733 Airbnb ROI: -2.47% Traditional ROI: 0.84%
3811 Potters Creek Road Canyon Lake, TX Welcome to your fully furnished dream retreat in the heart of Canyon Lake with water views...	3 beds \| 3 baths \| 2,517 sq.ft.	$699,000	Airbnb cash on cash: -2.76% Traditional cash on cash: 1.34% Airbnb Rental Income: $457 Traditional Rental Income: $2859 Airbnb ROI: -2.76% Traditional ROI: 1.34%
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%
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.	$750,000	Airbnb cash on cash: -2.08% Traditional cash on cash: 1.76% Airbnb Rental Income: $457 Traditional Rental Income: $2877 Airbnb ROI: -2.08% Traditional ROI: 1.76%
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%
707 Park Shores Canyon Lake, TX SHORT TERM RENTALS ALLOWED This beautiful lakefront home comes fully furnished, including ...	5 beds \| 3 baths \| 2,971 sq.ft.	$798,000	Airbnb cash on cash: -2.22% Traditional cash on cash: 1.15% Airbnb Rental Income: $724 Traditional Rental Income: $2920 Airbnb ROI: -2.22% Traditional ROI: 1.15%
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.	$279,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 4.27% Airbnb Rental Income: $408 Traditional Rental Income: $1697 Airbnb ROI: -1.61% Traditional ROI: 4.27%
3140 Westview Drive Canyon Lake, TX Newly reconstructed and reimagined for lake life luxury, this four level showpiece deliver...	4 beds \| 5 baths \| 4,250 sq.ft.	$1,125,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 3.51% Airbnb Rental Income: $628 Traditional Rental Income: $5201 Airbnb ROI: -1.14% Traditional ROI: 3.51%
2016 Big Spring Canyon Lake, TX Stunning 1.45-Acre Retreat with Resort-Style Outdoor Living! Discover this beautifully des...	3 beds \| 4 baths \| 3,202 sq.ft.	$1,200,000	Airbnb cash on cash: -2.17% Traditional cash on cash: 0.55% Airbnb Rental Income: $457 Traditional Rental Income: $3220 Airbnb ROI: -2.17% Traditional ROI: 0.55%
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 Step into this stunning 3-bedroom, 2-bath mid-century modern home in the heart of Canyon L...	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%
717 Riviera Drive Canyon Lake, TX Experience the ultimate in lake living with this stunning waterfront retreat, perfectly po...	3 beds \| 3 baths \| 2,128 sq.ft.	$937,500	Airbnb cash on cash: -2.05% Traditional cash on cash: 1.18% Airbnb Rental Income: $457 Traditional Rental Income: $3010 Airbnb ROI: -2.05% Traditional ROI: 1.18%
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.	$315,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 3.62% Airbnb Rental Income: $457 Traditional Rental Income: $1703 Airbnb ROI: -1.48% Traditional ROI: 3.62%
1185 Parkview Drive unit: D24 #D24 Canyon Lake, TX Charming 2-Bedroom Condo with Scenic Views & Prime Location Step into comfort and convenie...	2 beds \| 2 baths \| 913 sq.ft.	$284,900	Airbnb cash on cash: -3.06% Traditional cash on cash: 3.78% Airbnb Rental Income: $408 Traditional Rental Income: $1987 Airbnb ROI: -3.06% Traditional ROI: 3.78%

Real Estate investment in Canyon-lake, TX

There are 292 properties for sale in the city of Canyon Lake . The median list price in Canyon Lake is $445,000 and the average price per square foot is $217. In December 2025, the average monthly cash on cash return in Canyon Lake is 3.00%. The average monthly rental income in Canyon Lake is $2,006.

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

There are 292 investment properties available for sale in Canyon-lake.

In 2025, 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 $2,006.

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%

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%

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%

632 Lasso Loop

Canyon Lake, TX

3 beds | N/A baths | 1,755 sq.ft.

$475,000

Airbnb cash on cash: -2.13%

Traditional cash on cash: 1.91%

Airbnb Rental Income: $457

Traditional Rental Income: $1988

Airbnb ROI: -2.13%

Traditional ROI: 1.91%

925 & 913 GLENN DR

Canyon Lake, TX

3 beds | N/A baths | 1,720 sq.ft.

$600,000

Airbnb cash on cash: -1.09%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $457

Traditional Rental Income: $1802

Airbnb ROI: -1.09%

Traditional ROI: 1.79%

618 WAGON WHEEL DR

Canyon Lake, TX

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%

102 SAGE Road

Canyon Lake, TX

3 beds | 3 baths | 1,983 sq.ft.

$499,999

Airbnb cash on cash: -1.57%

Traditional cash on cash: 2.94%

Airbnb Rental Income: $457

Traditional Rental Income: $2297

Airbnb ROI: -1.57%