Elite Lakeside Texas Hill Country Resort
5,006 SF Hospitality Short Term Rental
140 Banister,
Canyon Lake, Texas
5 Bedroom House
3 Bathrooms
5,006 Sq. ft.
9.14% Cap Rate
Incredible short-term rental opportunity! Beautifully built across from Jacobs Creek Park with a nice view of Canyon Lake. Access to the water and boat ramp directly across the street and a nicely landscaped facility with a playground, covered outdoor living with pool table, TV and more. There are currently 4, 2-story units and an office with plenty of room to make it your 5th unit if desired. There is also almost an acre of additional land to add more units, RV spots, etc. This short term rental facility is located just off FM 306 in a very convenient location of Canyon Lake and the website and all current business property is sold with it. Last years NET was $121,075!
A short drive to both Austin and San Antonio!
Added Bonus there is a Buccee's in San Marcos a few miles away!
I love the neighbourhood and our neighbours. The area is completely residential and full of greenery. Every morning I go for a jog in the adjacent park and can breathe fresh air. It's far away from the busy roads, so there in no noise pollution.
KATE
I love the neighbourhood and our neighbours. The area is completely residential and full of greenery. Every morning I go for a jog in the adjacent park and can breathe fresh air. It's far away from the busy roads, so there in no noise pollution.
JOHN
If interested please stake to the [C3A] Community Promoter Pool.
Strategically Located: Approximately an hour drive to Austin and San Antonio.
4-2 Story Luxury Texas Hill Country Units
6 Bed Rooms
4 Bath Rooms
2.64 Acres Lakefront property.
140 Banister, Canyon Lake, TX
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