785 Park SHRS, Canyon Lake, TX — photo 1
Motivated SellerEstimated by HomeLocating
1 / 36
$399,500
2 beds1 baths1,736 sqft

785 Park SHRS, Canyon Lake TX 78133

MLS #244647683 · Sullivan Hill Country Properti · Justian Sullivan

Residential
Built in 1978
1.51 Acres Lot
$230/sqft

About this home

Calling all investors and visionaries! This 2-bedroom, 1 bath WATERFRONT property on 1.51 ACRES is full of potential and ready for its next chapter. This home has good bones just needs cosmetic and updating. Open Concept with vaulted ceiling, wood burning fireplace, sliding glass doors on 2 sides leading out to deck for your morning cup of coffee. Untapped potential for additional square footage at ground level/walk out and the convenience of being located right next to boat ramp 22, making lake access quick and easy for boating, fishing and water recreation. This fixer upper offers an incredible opportunity to renovate, remodel or create the waterfront retreat you've always envisioned. Whether you're looking for your next investment project, vacation getaway or future primary residence, the possibilities are endless. Bring your imagination and make this diamond in the rough shine. Don't miss the chance to own waterfront property with stunning views at an exceptional value.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1978
Full baths
1
Lot size
1.513
Subdivision
Canyon Lake Shores 1
MLS area
CM
MLS #
244647683

Features

Interior features

  • Ceiling Fan(s)
  • Beamed Ceilings
  • Open Floorplan

Exterior features

  • Boat Ramp

Additional details

Parking
None
Garage spaces
0
Roof
Metal
Foundation
Pillar/Post/Pier
Annual tax
$7,177

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Schools

Assigned schools per the MLS.

School district
Comal ISD
Elementary
Rebecca Creek
Middle
Mountain Valley Middle
High
Canyon Lake

Comparable homes near 785 Park SHRS

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
40.9 mi
Austin-Bergstrom Airport
42.1 mi

Straight-line distance, not drive time.

Market insights

Compared with 151 active homes in ZIP 78133 · HomeLocating listings

Area median price
$535,000
This home vs. median
25% below
Homes with a price cut
41%

At $399,500, this home is priced 25% below the $535,000 median across 151 active homes in ZIP 78133.

Estimated monthly payment

$2,784/mo
Principal & interest$2,020/mo
Property taxes
Home insurance (est.)

Home price

$399,500

Down payment

20% ($79,900)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

Ask about renovation financing for this home

With a fixer-upper, you can often finance the home and the repairs together — loans like the FHA 203(k) and Fannie Mae HomeStyle roll the purchase price and the cost of the work into one mortgage. Whether this home qualifies and what it would take are confirmed with a lender. Tell us you're interested and we'll help you explore the options.

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Listing courtesy of Sullivan Hill Country Properti · Justian Sullivan

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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