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Off market
  • $1,230,100

    546 Riverside Path, Canyon Lake, TX 78133

    12beds
    5baths
    5,230sqft
    MultiFamily
    Built in 1984
    -- sqft lot
    $1,230,100 Zestimate®
    $235/sqft
    $2,131 Estimated rent

    Home value

    $1,230,100

    $984,000 - $1.50M

    $2,131/mo

    Zestimate® history
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    Owner options

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    $2,131/mo

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    Rent Zestimate®

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    $7,722/mo

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    $7,722/mo

    Est. payment

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    What's special

    multi-unit condo/cabin/residential vacation rentals *******UNDERSTAND ,THIS IS A COMMERCIAL PROPERTY-----THIS PROPERTY IS LOCATED AT THE BEGINNING OF WHAT IS KNOWN AS "THE HORSESHOE" , WHICH IS A GEOGRAPHICAL PHENOMENON WHERE THE GUADALUPE RIVER CROSSES UNDER THE BRIDGE WHERE THIS PROPERTY IS LOCATED AND THEN LOOPS BACK AROUND AND CROSSES BACK UNDER 306 JUST A FEW MILES DOWN THE ROAD. THE WHOLE TRIP TAKES ABOUT 3 HOURS,.THE PEOPLE COME IN DROVES AND RENT THEIR TUBES, RAFTS, ETC,ON SITE FOR APPROX $16.00 PER TUBE,THEN THEY GET IN THE WATER AT 546 RIVERSIDE PATH . THREE HOURS LATER THEY EMERGE JUST DOWN THE ROAD WHERE A SHUTTLE PICKS THEM UP AND BRINGS THEM BACK TO RETURN THE TUBES, AND GET THEIR KEY BACK FOR THEIR CAR WHICH THEY LEFT ON SITE. THIS GOES ON EVERY DAY ,ALL SUMMER LONG...THE SEASON IS 5 MONTHS ACTUALLY AND ON A BUSY DAY THEY RUN THROUGH UPWARDS OF 9000 PEOPLE IN AN AFTERNOON. THIS PROPERTY HAS LUXURY ACCOMMODATIONS THAT CAN SLEEP UP TO 28 PEOPLE (MAX) AT $80.00 PER PERSON PER NIGHT . THIS RIVER PHENOMENON IS WELL AND WIDELY KNOWN, AND THIS BUSINESS GHAS BEEN HERE SINCE 1992. THIS IS A BEAUTIFUL PROPERTY, WITH BEAUTIFUL ACCOMMODATIONS AND A LOCATION ON THE RIVER THAT GIVES IT AN UNPARALLELED INCOME POTENTIAL.ITS LIKE HAVING THE GUADELUPE AS YOUR OWN PRIVATE AMMUSEMENT PARK RIDE TO RENT OUT. NO OTHER PROPERTY ON THE RIVER IS SO FAVORABLY LOCATED. THIS PROPERTY WILL PAY FOR ITSELF IN FIVE YEARS. THE LAND VALUE HAS DOUBLED IN THE LAST 4. IGNORE THAT ZILLOWSCOREMUMBOJUMBO , THE BANK JUST DID AN APPRAISAL ON THIS PROPERTY ( 60+ PAGES LONG) AND VALUED IT AT OVER $980,000 . THAT DOESN'T EVEN ACCOUNT FOR THE INCOME GENERATING CAPACITY THIS LOCATION BRINGS WITH IT..IF YOU MAKE A SERIOUS OFFER WE'LL LISTEN. THIS IS A TOP RATE INVESTMENT OPPORTUNITY.also with the factors of this is a natural reserve and will always be the first drop in and with the projected Disney land soon to build in 10 mile range reservations will triple and also full season would double the value yearley it will eat.1.2million worth so and this property can have a government acess for the hand I capped and they fund from 80.000 per year and procetes funded to organizations from d.p.s to local sheriff's office for safe neighborhoods and crime watch office managment Leon Whitfield small condo #a phone8302145811

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 5
    Heating
    • Other, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Other, Carpet, Hardwood, Laminate, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 5,230 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport, Off-street
    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: Park, Territorial, Water, Mountain
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1.27 Acres
    Details
    • Parcel number: 76238

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Crawl/Raised
    • Roof: Metal
    Condition
    • Year built: 1984

    Community & neighborhood

    Location
    • Region: Canyon Lake

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner
    3/3/2015Sold--
    Source: Agent Provided
    9/18/2014Listed for sale$1,100,000$210/sqft
    Source: Owner

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,520,840 -25.8%
    2024$30,187 +1.5%$2,048,350 +2.7%
    2023$29,755 -5.1%$1,995,250 +7.1%

    Find assessor info on the county website

    Neighborhood: 78133

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,230,100
    2% more+ $24,602
    With Zillow Showcase(estimated)
    $1,254,702