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
15842 Grenadine Drive Canyon Lake, TX Coastal living at its finest! This charming east-facing Padre Island home offers the perfe...	3 beds \| 2 baths \| 1,885 sq.ft.	$449,900	Airbnb cash on cash: 0.86% Traditional cash on cash: 1.88% Airbnb Rental Income: $2190 Traditional Rental Income: $2062 Airbnb ROI: 0.86% Traditional ROI: 1.88%
1180 Purple Sage Canyon Lake, TX This ~3.6-acre estate feels like a hidden villageârich with growth possibility, whether ...	5 beds \| 5 baths \| 3,330 sq.ft.	$1,100,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 1.61% Airbnb Rental Income: $6160 Traditional Rental Income: $4593 Airbnb ROI: 1.95% Traditional ROI: 1.61%
2260 Rocky Ridge Loop Canyon Lake, TX Discover your dream home in a peaceful setting, just moments away from the beautiful Canyo...	2 beds \| 2 baths \| 2,100 sq.ft.	$585,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 2.62% Airbnb Rental Income: $1945 Traditional Rental Income: $2281 Airbnb ROI: 1.07% Traditional ROI: 2.62%
5093 Chimney Rock Canyon Lake, TX Nestled on a serene 3.377-acre wooded lot in the heart of Canyon Lake, this unique 1.5-sto...	3 beds \| 2 baths \| 1,793 sq.ft.	$540,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 2.42% Airbnb Rental Income: $2190 Traditional Rental Income: $1983 Airbnb ROI: 1.73% Traditional ROI: 2.42%
1214 DEER RUN PASS Canyon Lake, TX Country living with quick access to town. This 3-bedroom New home on a corner lot allows ...	3 beds \| 2 baths \| 1,568 sq.ft.	$224,990	Airbnb cash on cash: 5.53% Traditional cash on cash: 5.87% Airbnb Rental Income: $2190 Traditional Rental Income: $1707 Airbnb ROI: 5.53% Traditional ROI: 5.87%
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: -1.5% Traditional cash on cash: -0.72% Airbnb Rental Income: $2190 Traditional Rental Income: $2826 Airbnb ROI: -1.5% Traditional ROI: -0.72%
3105 Comal Springs Canyon Lake, TX This is ONE BIG BEAUTIFUL BUILD. Step into an elegant one-of-a-kind custom home, perfectly...	3 beds \| 4 baths \| 2,998 sq.ft.	$990,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 1.57% Airbnb Rental Income: $2190 Traditional Rental Income: $3038 Airbnb ROI: 0.05% Traditional ROI: 1.57%
1144 CEDAR BEND Canyon Lake, TX You'll love this fantastic buy on this custom built, single story home on 8 beautiful, ele...	4 beds \| 4 baths \| 2,933 sq.ft.	$685,000	Airbnb cash on cash: 2.98% Traditional cash on cash: 1.75% Airbnb Rental Income: $4716 Traditional Rental Income: $2955 Airbnb ROI: 2.98% Traditional ROI: 1.75%
466 TWIN ELM DR Canyon Lake, TX Motivated seller, bring all offers!! Step into this inviting open-concept floor plan, perf...	3 beds \| 2 baths \| 1,292 sq.ft.	$275,000	Airbnb cash on cash: 3.68% Traditional cash on cash: 3.48% Airbnb Rental Income: $2190 Traditional Rental Income: $1586 Airbnb ROI: 3.68% Traditional ROI: 3.48%
1086 O C Trout Canyon Lake, TX Imagine waking up to the sparkling blue waters of Canyon Lake right out your back door. Ne...	3 beds \| 1 baths \| 1,520 sq.ft.	$650,000	Airbnb cash on cash: -0.22% Traditional cash on cash: -0.41% Airbnb Rental Income: $2190 Traditional Rental Income: $1521 Airbnb ROI: -0.22% Traditional ROI: -0.41%
925 & 913 GLENN DR Canyon Lake, TX This charming two-story home, perfectly positioned along the serene shoreline of Canyon La...	3 beds \| 3 baths \| 1,720 sq.ft.	$625,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 1.68% Airbnb Rental Income: $2190 Traditional Rental Income: $1802 Airbnb ROI: 1.39% Traditional ROI: 1.68%
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: 2.58% Traditional cash on cash: 2.82% Airbnb Rental Income: $2190 Traditional Rental Income: $1715 Airbnb ROI: 2.58% Traditional ROI: 2.82%
1459 SONGBIRD DR Canyon Lake, TX This cozy ranch house makes the perfect lake getaway - situated on a large, tree filled lo...	2 beds \| 2 baths \| 1,583 sq.ft.	$399,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 1.11% Airbnb Rental Income: $1945 Traditional Rental Income: $1761 Airbnb ROI: 0.23% Traditional ROI: 1.11%
1672 Hillcrest Forest Canyon Lake, TX This beautifully crafted NEW 3-bedroom, 2.5-bathroom home near Canyon Lake, TX offers an u...	3 beds \| 3 baths \| 1,800 sq.ft.	$379,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 4.34% Airbnb Rental Income: $2190 Traditional Rental Income: $2060 Airbnb ROI: 3.15% Traditional ROI: 4.34%
2920 Rocky Ridge Loop Canyon Lake, TX OPEN HOUSE SAT 9/6 11-1 This brand new luxury custom home was thoughtfully designed by a...	3 beds \| 3 baths \| 1,835 sq.ft.	$562,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 2.53% Airbnb Rental Income: $2190 Traditional Rental Income: $2047 Airbnb ROI: 1.75% Traditional ROI: 2.53%
800 high oaks Canyon Lake, TX Nestled on a hilltop, this stunning single-story retreat offers breathtaking, million-doll...	4 beds \| 3 baths \| 3,586 sq.ft.	$1,075,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 0.13% Airbnb Rental Income: $4716 Traditional Rental Income: $2637 Airbnb ROI: 1.23% Traditional ROI: 0.13%
1580 BLUERIDGE DR Canyon Lake, TX Discover the perfect combination of comfort, style, and location in this stunning home, fe...	3 beds \| 2 baths \| 1,224 sq.ft.	$299,000	Airbnb cash on cash: 4.23% Traditional cash on cash: 5.86% Airbnb Rental Income: $2190 Traditional Rental Income: $2096 Airbnb ROI: 4.23% Traditional ROI: 5.86%
342 Brooklynn Ln Canyon Lake, TX Nestled in the sought-after Greens of Canyon Lake subdivision, this charming home offers a...	3 beds \| 2 baths \| 2,084 sq.ft.	$399,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 3.01% Airbnb Rental Income: $2190 Traditional Rental Income: $2161 Airbnb ROI: 1.6% Traditional ROI: 3.01%
326 CEDAR DR Canyon Lake, TX Nestled in a serene setting, this classic rustic home in the Canyon Lake subdivision offer...	2 beds \| 1 baths \| 792 sq.ft.	$225,000	Airbnb cash on cash: 4.14% Traditional cash on cash: 3.31% Airbnb Rental Income: $1945 Traditional Rental Income: $1255 Airbnb ROI: 4.14% Traditional ROI: 3.31%
1185 PARKVIEW DR #D26 Canyon Lake, TX This Canyon Lake Condo is a fantastic retreat set on a beautiful oak-covered property, off...	2 beds \| 2 baths \| 889 sq.ft.	$249,900	Airbnb cash on cash: 1.98% Traditional cash on cash: 2.43% Airbnb Rental Income: $1945 Traditional Rental Income: $1537 Airbnb ROI: 1.98% Traditional ROI: 2.43%
1518 W LAKESIDE DR Canyon Lake, TX These exceptional lake view properties offer a blend of elegance, functionality, and breat...	3 beds \| 5 baths \| 3,553 sq.ft.	$750,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 2.67% Airbnb Rental Income: $2190 Traditional Rental Income: $3976 Airbnb ROI: -0.68% Traditional ROI: 2.67%
1758 PARADISE PKWY Canyon Lake, TX Discover the pinnacle of luxury living in Canyon Lake, TX, within the prestigious "Paradis...	4 beds \| 4 baths \| 3,404 sq.ft.	$1,200,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 0.45% Airbnb Rental Income: $4716 Traditional Rental Income: $3373 Airbnb ROI: 0.78% Traditional ROI: 0.45%
1255 canyon lake Canyon Lake, TX Gorgeous custom home with an elevator! The elevator gives the capability to make all three...	3 beds \| 4 baths \| 2,867 sq.ft.	$859,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 1.71% Airbnb Rental Income: $2190 Traditional Rental Income: $2813 Airbnb ROI: 0.24% Traditional ROI: 1.71%
424 MOUNTAIN WOOD Canyon Lake, TX Welcome to your dream home nestled in the picturesque Canyon Lake community! This charming...	3 beds \| 2 baths \| 1,344 sq.ft.	$368,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 2.64% Airbnb Rental Income: $2190 Traditional Rental Income: $2116 Airbnb ROI: 1.25% Traditional ROI: 2.64%
18035 FM 306 #104 Canyon Lake, TX Enjoy Serene Sunset Lake Views from this fully furnished and decorated 2 Bedroom 1 1/2 ba...	2 beds \| 2 baths \| 1,115 sq.ft.	$247,500	Airbnb cash on cash: 2.91% Traditional cash on cash: 3.75% Airbnb Rental Income: $1945 Traditional Rental Income: $1630 Airbnb ROI: 2.91% Traditional ROI: 3.75%
4343 MORNINGSIDE WAY Canyon Lake, TX Fabulous lakeside A frame cottage is over 2000 SF with excellent views of Canyon Lake and ...	4 beds \| 3 baths \| 2,044 sq.ft.	$745,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 0.54% Airbnb Rental Income: $4716 Traditional Rental Income: $2244 Airbnb ROI: 2.69% Traditional ROI: 0.54%
755 PANORAMA PT Canyon Lake, TX Ready for SUMMER and the most amazing pool parties?! If so, I have the home for you! Wel...	4 beds \| 3 baths \| 2,970 sq.ft.	$799,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 1.45% Airbnb Rental Income: $4716 Traditional Rental Income: $2668 Airbnb ROI: 2.89% Traditional ROI: 1.45%
846 INGLEWOOD DR Canyon Lake, TX Like new 3 bedroom, 2 bath home with an oversized 2 car garage. The split floor plan has t...	3 beds \| 2 baths \| 924 sq.ft.	$194,900	Airbnb cash on cash: 5.96% Traditional cash on cash: 4.53% Airbnb Rental Income: $2190 Traditional Rental Income: $1371 Airbnb ROI: 5.96% Traditional ROI: 4.53%
1729 SORREL CREEK DR Canyon Lake, TX Embrace the ultimate lakeside living experience at 1729 Sorrel Creek Dr, a stunning retrea...	4 beds \| 5 baths \| 2,424 sq.ft.	$740,000	Airbnb cash on cash: 3.43% Traditional cash on cash: 2.96% Airbnb Rental Income: $4716 Traditional Rental Income: $3420 Airbnb ROI: 3.43% Traditional ROI: 2.96%
1559 PARKVIEW DR #F4 Canyon Lake, TX Introducing your lakeside sanctuary! Embraced by nature's beauty, this property provides c...	1 beds \| 1 baths \| 732 sq.ft.	$199,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 1.41% Airbnb Rental Income: $1148 Traditional Rental Income: $1092 Airbnb ROI: -0.31% Traditional ROI: 1.41%
2720 Westview Canyon Lake, TX The is quite possibly the perfect lake house! This three bedroom, two and a half bath, two...	3 beds \| 3 baths \| 2,386 sq.ft.	$439,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 2.5% Airbnb Rental Income: $2190 Traditional Rental Income: $2270 Airbnb ROI: 0.96% Traditional ROI: 2.5%
127 Eden Ranch Canyon Lake, TX LOCATION, LOCATION!! 10 Acres just outside of Gruene, Texas! Property has a ranch fence en...	4 beds \| 3 baths \| 2,128 sq.ft.	$499,999	Airbnb cash on cash: 6.25% Traditional cash on cash: 2.99% Airbnb Rental Income: $4716 Traditional Rental Income: $2217 Airbnb ROI: 6.25% Traditional ROI: 2.99%
428 Kings Dr Canyon Lake, TX The Canyon Lake home you have been searching for is now available! This charming 3-bedroom...	3 beds \| 2 baths \| 1,304 sq.ft.	$287,900	Airbnb cash on cash: 3.33% Traditional cash on cash: 3.29% Airbnb Rental Income: $2190 Traditional Rental Income: $1627 Airbnb ROI: 3.33% Traditional ROI: 3.29%
1171 Heritage Hill Canyon Lake, TX Welcome to 1171 Heritage Hill - a thoughtfully upgraded Hill Country retreat just minutes ...	2 beds \| 2 baths \| 1,874 sq.ft.	$499,999	Airbnb cash on cash: 0.26% Traditional cash on cash: 1.96% Airbnb Rental Income: $1945 Traditional Rental Income: $2228 Airbnb ROI: 0.26% Traditional ROI: 1.96%
310 Riviera Dr Canyon Lake, TX Nestled just a few streets from boat ramp (#6) on the south side of the lake, this cozy an...	2 beds \| 1 baths \| 912 sq.ft.	$325,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 3.2% Airbnb Rental Income: $1945 Traditional Rental Income: $1658 Airbnb ROI: 2.46% Traditional ROI: 3.2%
120 Oak Hideaway Canyon Lake, TX One of the BEST WATERFRONT VALUES AT THE LAKE!!! You can't beat this price per sq ft for a...	5 beds \| 5 baths \| 3,510 sq.ft.	$749,900	Airbnb cash on cash: 3.72% Traditional cash on cash: 2.52% Airbnb Rental Income: $6160 Traditional Rental Income: $4103 Airbnb ROI: 3.72% Traditional ROI: 2.52%
363 Buckhaven Canyon Lake, TX A stunning home in an unbeatable location! This pristine 3-bedroom, 2-bath, 3-car garage p...	3 beds \| 2 baths \| 2,858 sq.ft.	$699,000	Airbnb cash on cash: -0.94% Traditional cash on cash: -0.02% Airbnb Rental Income: $2190 Traditional Rental Income: $2234 Airbnb ROI: -0.94% Traditional ROI: -0.02%
618 WAGON WHEEL DR Canyon Lake, TX Motivated seller, looking at all offers. Take this opportunity to snatch this one up while...	3 beds \| 3 baths \| 2,125 sq.ft.	$480,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 2.72% Airbnb Rental Income: $2190 Traditional Rental Income: $2354 Airbnb ROI: 1.12% Traditional ROI: 2.72%
1521 Parton Canyon Lake, TX Fun two story home on 2.49 acres, backs to 500 Acre valley & ridge. Distant lake views fr...	2 beds \| 3 baths \| 2,279 sq.ft.	$725,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 1.15% Airbnb Rental Income: $1945 Traditional Rental Income: $2470 Airbnb ROI: -0.39% Traditional ROI: 1.15%
1251 STAGECOACH DR Canyon Lake, TX OWNER FINANCING AVAILABLE! This spacious 2,800 sq. ft. home is perfect for multi-gen...	4 beds \| 3 baths \| 2,792 sq.ft.	$549,000	Airbnb cash on cash: 4.65% Traditional cash on cash: 2.49% Airbnb Rental Income: $4716 Traditional Rental Income: $2635 Airbnb ROI: 4.65% Traditional ROI: 2.49%

Real Estate investment in Canyon-lake, TX

There are 331 properties for sale in the city of Canyon Lake . The median list price in Canyon Lake is $462,500 and the average price per square foot is $228. In September 2025, the average monthly cash on cash return in Canyon Lake is 3.00%. The average monthly rental income in Canyon Lake is $2,062.

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

There are 331 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 $2,062.

Your search for investment property begins and ends here

Investment Property for Sale in Canyon Lake, TX

15842 Grenadine Drive

Canyon Lake, TX

3 beds | 2 baths | 1,885 sq.ft.

$449,900

Airbnb cash on cash: 0.86%

Traditional cash on cash: 1.88%

Airbnb Rental Income: $2190

Traditional Rental Income: $2062

Airbnb ROI: 0.86%

Traditional ROI: 1.88%

1180 Purple Sage

Canyon Lake, TX

5 beds | 5 baths | 3,330 sq.ft.

$1,100,000

Airbnb cash on cash: 1.95%

Traditional cash on cash: 1.61%

Airbnb Rental Income: $6160

Traditional Rental Income: $4593

Airbnb ROI: 1.95%

Traditional ROI: 1.61%

2260 Rocky Ridge Loop

Canyon Lake, TX

2 beds | 2 baths | 2,100 sq.ft.

$585,900

Airbnb cash on cash: 1.07%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $1945

Traditional Rental Income: $2281

Airbnb ROI: 1.07%

Traditional ROI: 2.62%

5093 Chimney Rock

Canyon Lake, TX

3 beds | 2 baths | 1,793 sq.ft.

$540,000

Airbnb cash on cash: 1.73%

Traditional cash on cash: 2.42%

Airbnb Rental Income: $2190

Traditional Rental Income: $1983

Airbnb ROI: 1.73%

Traditional ROI: 2.42%

1214 DEER RUN PASS

Canyon Lake, TX

3 beds | 2 baths | 1,568 sq.ft.

$224,990

Airbnb cash on cash: 5.53%

Traditional cash on cash: 5.87%

Airbnb Rental Income: $2190

Traditional Rental Income: $1707

Airbnb ROI: 5.53%

Traditional ROI: 5.87%

1460 OC TROUT DR

Canyon Lake, TX

3 beds | 4 baths | 3,841 sq.ft.

$1,625,000

Airbnb cash on cash: -1.5%

Traditional cash on cash: -0.72%

Airbnb Rental Income: $2190

Traditional Rental Income: $2826

Airbnb ROI: -1.5%

Traditional ROI: -0.72%

3105 Comal Springs

Canyon Lake, TX

3 beds | 4 baths | 2,998 sq.ft.

$990,000

Airbnb cash on cash: 0.05%

Traditional cash on cash: 1.57%

Airbnb Rental Income: $2190

Traditional Rental Income: $3038

Airbnb ROI: 0.05%

Traditional ROI: 1.57%

1144 CEDAR BEND

Canyon Lake, TX

4 beds | 4 baths | 2,933 sq.ft.

$685,000

Airbnb cash on cash: 2.98%

Traditional cash on cash: 1.75%

Airbnb Rental Income: $4716

Traditional Rental Income: $2955

Airbnb ROI: 2.98%