OVER $20,500 IN RECENT UPGRADES! POSSIBLE SELLER FINANCING. Former STR earning $199/night and up to $4K/mo. Welcome to 399 Scenic Terrace Dr, a one-of-a-kind Hill Country retreat with character, history, and incredible potential just minutes from beautiful Canyon Lake. This property began as a manufactured home and was later expanded… Read More and partially converted to add valuable living space and custom touches throughout. Set on a peaceful 0.23-acre lot with mature trees and a partial view of the lake from the back deck, it’s the perfect spot for relaxing, entertaining, or enjoying the lake lifestyle. THIS PROPERTY NEEDS SOME RENOVATION/TLC - AND HERE'S WHY: When the current owner purchased the property in 2021, he completely transformed it into a warm, rustic-style cabin filled with antique furnishings and charm. As an Airbnb, it became a guest favorite, earning 4.6-star ratings and generating up to $4,000 per month at $199 per night. Guests loved the quiet setting, the proximity to the water, and the cozy, inviting feel of the space. When the owner relocated to Miami for a new CFO position, long-distance hosting became difficult, so he rented the home to a long-term tenant who unfortunately left it in need of some TLC. The home is now being sold AS-IS and needs mostly cosmetic updates such as flooring, interior paint, and HVAC repair or replacement, but the structure is solid and many major improvements have already been completed, including a new roof, two new windows, a new French door, a fire pit, and a rebuilt patio deck—more than $20,000 in recent upgrades. With its strong bones, partial lake view, and proven short-term rental success, this home offers an incredible opportunity for investors, flippers, or DIY buyers looking for a great deal near Canyon Lake. Update it as a weekend getaway, or bring it back as a profitable Airbnb. Don’t miss this chance to own a unique lake-area property with a great story and a bright future. Read Less
Property listed by eXp Realty, LLC 888-519-7431 (737) 205-1640
Listing Snapshot
Days Online
1
Last Updated
Property Type
SingleFamilyResidence
Beds
4
Full Baths
1
Square Ft.
1,360
Lot Size
0.23 Acres
Year Built
1978
MLS Number
8876403
Additional Details
Building
Built in 1978, Stories: 1, 1,360 sqft living area, Frame, Stone, Wood Siding, One
Community
Storage Facilities
Disclosures
Seller Disclosure
Exterior Features
Playground, Fire Pit
Fence
Wire
Floors
Laminate
Foundation
Pillar Post Pier, Slab
Heating
Central
Interior Features
Ceiling Fans, French Doors Atrium Doors, Main Level Primary, Open Floorplan, Pantry, Storage
Laundry
Inside, Laundry Closet, Electric Dryer Hookup
Lot
0.229 acres, Area: 0.229, Back Yard, Level, Private, Trees Medium Size, Views
Parking
Driveway
Property
Resale, Hills, Lake, Panoramic, Trees Woods
Roof
Shingle
Sewer
Septic Tank
Taxes
Annual Amount: $2,972, Year: 2025
Utilities
Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available, Water Available, Water Connected
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