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.	$549,000	Airbnb cash on cash: -2.54% Traditional cash on cash: 2.05% Airbnb Rental Income: $262 Traditional Rental Income: $2386 Airbnb ROI: -2.54% Traditional ROI: 2.05%
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.	$1,149,000	Airbnb cash on cash: -2.59% Traditional cash on cash: -0.33% Airbnb Rental Income: $262 Traditional Rental Income: $2449 Airbnb ROI: -2.59% Traditional ROI: -0.33%
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: -2.57% Traditional cash on cash: 1.35% Airbnb Rental Income: $383 Traditional Rental Income: $3958 Airbnb ROI: -2.57% 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: -2.48% Traditional cash on cash: 1.6% Airbnb Rental Income: $383 Traditional Rental Income: $3362 Airbnb ROI: -2.48% Traditional ROI: 1.6%
1837 Colleen Drive Canyon Lake, TX INVESTOR MUST SEE! PROVEN STR! This unique, 4-level property features two separate housing...	3 beds \| 3 baths \| 1,645 sq.ft.	$439,000	Airbnb cash on cash: -1.85% Traditional cash on cash: 3.66% Airbnb Rental Income: $262 Traditional Rental Income: $2294 Airbnb ROI: -1.85% Traditional ROI: 3.66%
1397 Canyon Lake Dr Canyon Lake, TX Motivated seller, so everything is negotiable! 1397 Canyon Lake Dr has two separate street...	3 beds \| 2 baths \| 1,636 sq.ft.	$365,000	Airbnb cash on cash: -2.65% Traditional cash on cash: 2.45% Airbnb Rental Income: $262 Traditional Rental Income: $1776 Airbnb ROI: -2.65% Traditional ROI: 2.45%
632 LASSO LOOP Canyon Lake, TX Experience stunning sunsets and breathtaking valley views from your own back deck in this ...	3 beds \| 2 baths \| 1,755 sq.ft.	$470,000	Airbnb cash on cash: -2.54% Traditional cash on cash: 1.91% Airbnb Rental Income: $262 Traditional Rental Income: $1988 Airbnb ROI: -2.54% Traditional ROI: 1.91%
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: -2.67% Traditional cash on cash: -0.86% Airbnb Rental Income: $383 Traditional Rental Income: $1901 Airbnb ROI: -2.67% 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: -1.38% Traditional cash on cash: 1.83% Airbnb Rental Income: $262 Traditional Rental Income: $1802 Airbnb ROI: -1.38% 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: -2.68% Traditional cash on cash: 2.73% Airbnb Rental Income: $262 Traditional Rental Income: $2312 Airbnb ROI: -2.68% Traditional ROI: 2.73%
306 Dietert #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: -4.78% Traditional cash on cash: 2.73% Airbnb Rental Income: $302 Traditional Rental Income: $1412 Airbnb ROI: -4.78% 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.	$539,000	Airbnb cash on cash: -2.66% Traditional cash on cash: 1.73% Airbnb Rental Income: $262 Traditional Rental Income: $2244 Airbnb ROI: -2.66% Traditional ROI: 1.73%
1335 Larson Canyon Lake, TX Panoramic Canyon Lake views from one of the most commanding vantage points on the water. T...	4 beds \| 2 baths \| 2,695 sq.ft.	$1,299,900	Airbnb cash on cash: -2.24% Traditional cash on cash: -0.43% Airbnb Rental Income: $383 Traditional Rental Income: $2316 Airbnb ROI: -2.24% Traditional ROI: -0.43%
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.	$495,000	Airbnb cash on cash: -2.64% Traditional cash on cash: 2% Airbnb Rental Income: $262 Traditional Rental Income: $2178 Airbnb ROI: -2.64% Traditional ROI: 2%
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: -2.46% Traditional cash on cash: 2.44% Airbnb Rental Income: $262 Traditional Rental Income: $1844 Airbnb ROI: -2.46% Traditional ROI: 2.44%
1118 Lonesome Canyon Lake, TX Turnkey Canyon Lake Retreat with STR Potential + Lake & Pool Access Discover the perfect b...	2 beds \| 2 baths \| 1,014 sq.ft.	$269,000	Airbnb cash on cash: -2.11% Traditional cash on cash: 4.45% Airbnb Rental Income: $305 Traditional Rental Income: $1729 Airbnb ROI: -2.11% Traditional ROI: 4.45%
863 Primrose Path Canyon Lake, TX This exceptional property captures the true essence of Texas Hill Country living, offering...	3 beds \| 2 baths \| 2,238 sq.ft.	$539,900	Airbnb cash on cash: -2.52% Traditional cash on cash: 2.23% Airbnb Rental Income: $262 Traditional Rental Income: $2423 Airbnb ROI: -2.52% Traditional ROI: 2.23%
326 Valley Star Dr Canyon Lake, TX Welcome to 326 Valley Star Dr, a charming single-story Hill Country retreat tucked into th...	3 beds \| 2 baths \| 1,224 sq.ft.	$310,000	Airbnb cash on cash: -2.71% Traditional cash on cash: 3.37% Airbnb Rental Income: $262 Traditional Rental Income: $1802 Airbnb ROI: -2.71% Traditional ROI: 3.37%
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: -1.99% Traditional cash on cash: 0.86% Airbnb Rental Income: $528 Traditional Rental Income: $3635 Airbnb ROI: -1.99% 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: -3.29% Traditional cash on cash: 4% Airbnb Rental Income: $262 Traditional Rental Income: $2087 Airbnb ROI: -3.29% 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: -1.73% Traditional cash on cash: 2.11% Airbnb Rental Income: $383 Traditional Rental Income: $2552 Airbnb ROI: -1.73% 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.	$899,000	Airbnb cash on cash: -2.92% Traditional cash on cash: 0.91% Airbnb Rental Income: $528 Traditional Rental Income: $3462 Airbnb ROI: -2.92% Traditional ROI: 0.91%
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: -2.06% Traditional cash on cash: 2.54% Airbnb Rental Income: $383 Traditional Rental Income: $1960 Airbnb ROI: -2.06% Traditional ROI: 2.54%
633 Flaman Road Canyon Lake, TX STUNNING CANYON LAKE VIEWS! Located in Canyon Lake, this hilltop home offers panoramic, un...	4 beds \| 3 baths \| 3,461 sq.ft.	$839,900	Airbnb cash on cash: -2.12% Traditional cash on cash: 0.58% Airbnb Rental Income: $383 Traditional Rental Income: $2237 Airbnb ROI: -2.12% Traditional ROI: 0.58%
1375 Parton Rd Canyon Lake, TX Beautiful Hill Country scenery and Canyon Lake views are the highlight of this incredible ...	3 beds \| 2 baths \| 1,802 sq.ft.	$549,000	Airbnb cash on cash: -2.64% Traditional cash on cash: 1.27% Airbnb Rental Income: $262 Traditional Rental Income: $2033 Airbnb ROI: -2.64% Traditional ROI: 1.27%
3006 COMAL SPRINGS Canyon Lake, TX	5 beds \| 4 baths \| 3,788 sq.ft.	$914,000	Airbnb cash on cash: -2.59% Traditional cash on cash: 1.29% Airbnb Rental Income: $528 Traditional Rental Income: $3550 Airbnb ROI: -2.59% Traditional ROI: 1.29%
1535 Bonnyview Dr Canyon Lake, TX OPEN HOUSE 4/18 11-2 Turnkey Canyon Lake short-term rental opportunity just minutes from...	3 beds \| 3 baths \| 1,920 sq.ft.	$350,000	Airbnb cash on cash: -2.45% Traditional cash on cash: 2.69% Airbnb Rental Income: $262 Traditional Rental Income: $1721 Airbnb ROI: -2.45% Traditional ROI: 2.69%
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.	$255,000	Airbnb cash on cash: -2.67% Traditional cash on cash: 3.89% Airbnb Rental Income: $262 Traditional Rental Income: $1610 Airbnb ROI: -2.67% Traditional ROI: 3.89%
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: -2.36% Traditional cash on cash: 1.86% Airbnb Rental Income: $262 Traditional Rental Income: $2003 Airbnb ROI: -2.36% 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: -2.28% Traditional cash on cash: 1.31% Airbnb Rental Income: $262 Traditional Rental Income: $2619 Airbnb ROI: -2.28% Traditional ROI: 1.31%
2406 Connie Dr Canyon Lake, TX Welcome to your dream lakefront retreat on 1.1 acres in the coveted Turkey Cove of Canyon ...	4 beds \| 3 baths \| 3,326 sq.ft.	$1,059,000	Airbnb cash on cash: -3.09% Traditional cash on cash: -0.44% Airbnb Rental Income: $383 Traditional Rental Income: $2749 Airbnb ROI: -3.09% Traditional ROI: -0.44%
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.	$439,900	Airbnb cash on cash: -2.41% Traditional cash on cash: 2.9% Airbnb Rental Income: $262 Traditional Rental Income: $2214 Airbnb ROI: -2.41% Traditional ROI: 2.9%
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.	$1,499,000	Airbnb cash on cash: -2.21% Traditional cash on cash: 0% Airbnb Rental Income: $383 Traditional Rental Income: $3211 Airbnb ROI: -2.21% Traditional ROI: 0%
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: -3.16% Traditional cash on cash: 1.75% Airbnb Rental Income: $262 Traditional Rental Income: $1963 Airbnb ROI: -3.16% 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.	$499,000	Airbnb cash on cash: -2.01% Traditional cash on cash: 4.53% Airbnb Rental Income: $383 Traditional Rental Income: $3183 Airbnb ROI: -2.01% Traditional ROI: 4.53%
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: -2.32% Traditional cash on cash: 2.91% Airbnb Rental Income: $262 Traditional Rental Income: $1331 Airbnb ROI: -2.32% Traditional ROI: 2.91%
707 Park Shores Canyon Lake, TX WATERFRONT. VIEWS. INCOME POTENTIAL. This is the Canyon Lake property buyers wait for-but ...	5 beds \| 3 baths \| 2,971 sq.ft.	$744,000	Airbnb cash on cash: -2.55% Traditional cash on cash: 1.3% Airbnb Rental Income: $528 Traditional Rental Income: $2920 Airbnb ROI: -2.55% Traditional ROI: 1.3%
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: -1.97% Traditional cash on cash: 4.46% Airbnb Rental Income: $305 Traditional Rental Income: $1697 Airbnb ROI: -1.97% Traditional ROI: 4.46%
207 Oaklane St Canyon Lake, TX Hill Country Retreat Near Canyon Lake - Experience the best of Texas Hill Country living a...	3 beds \| 3 baths \| 1,600 sq.ft.	$244,990	Airbnb cash on cash: -2.52% Traditional cash on cash: 5.29% Airbnb Rental Income: $262 Traditional Rental Income: $1838 Airbnb ROI: -2.52% Traditional ROI: 5.29%

Real Estate investment in Canyon-lake, TX

There are 375 properties for sale in the city of Canyon Lake . The median list price in Canyon Lake is $439,000 and the average price per square foot is $213. In May 2026, the average monthly cash on cash return in Canyon Lake is 2.00%. The average monthly rental income in Canyon Lake is $1,954.

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

There are 375 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 $1,954.

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.

$549,000

Airbnb cash on cash: -2.54%

Traditional cash on cash: 2.05%

Airbnb Rental Income: $262

Traditional Rental Income: $2386

Airbnb ROI: -2.54%

Traditional ROI: 2.05%

2550 Colleen

Canyon Lake, TX

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

$1,149,000

Airbnb cash on cash: -2.59%

Traditional cash on cash: -0.33%

Airbnb Rental Income: $262

Traditional Rental Income: $2449

Airbnb ROI: -2.59%

Traditional ROI: -0.33%

1745 W Lakeside Drive

Canyon Lake, TX

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

$1,050,000

Airbnb cash on cash: -2.57%

Traditional cash on cash: 1.35%

Airbnb Rental Income: $383

Traditional Rental Income: $3958

Airbnb ROI: -2.57%

Traditional ROI: 1.35%

2171 Sierra Madre

Canyon Lake, TX

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

$850,000

Airbnb cash on cash: -2.48%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $383

Traditional Rental Income: $3362

Airbnb ROI: -2.48%

Traditional ROI: 1.6%

1837 Colleen Drive

Canyon Lake, TX

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

$439,000

Airbnb cash on cash: -1.85%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $262

Traditional Rental Income: $2294

Airbnb ROI: -1.85%

Traditional ROI: 3.66%

1397 Canyon Lake Dr

Canyon Lake, TX

3 beds | 2 baths | 1,636 sq.ft.

$365,000

Airbnb cash on cash: -2.65%

Traditional cash on cash: 2.45%

Airbnb Rental Income: $262

Traditional Rental Income: $1776

Airbnb ROI: -2.65%

Traditional ROI: 2.45%

632 LASSO LOOP

Canyon Lake, TX

3 beds | 2 baths | 1,755 sq.ft.

$470,000

Airbnb cash on cash: -2.54%

Traditional cash on cash: 1.91%

Airbnb Rental Income: $262

Traditional Rental Income: $1988

Airbnb ROI: -2.54%

Traditional ROI: 1.91%

1745 W Lakeside

Canyon Lake, TX

4 beds | 4 baths | 4,891 sq.ft.

$1,050,000

Airbnb cash on cash: -2.67%

Traditional cash on cash: -0.86%

Airbnb Rental Income: $383

Traditional Rental Income: $1901

Airbnb ROI: -2.67%