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195 Deepwell

Canyon Lake, TX 78133

4 beds
3 baths
2,586 sqft
~3/4 acre lot
$370 per sqft
1980 build
– on site

Live the Hill Country Dream with Strong STR Occupancy History Perched above Canyon Lake with sweeping hilltop views, this unrestricted retreat offers a rare opportunity to own a beautifully upgraded property with strong income-generating history. Just minutes from a public boat ramp, the Guadalupe River, and Whitewater Amphitheater, the location is ideal for both recreation and revenue. The main residence showcases vaulted ceilings, fresh paint, updated HVAC, a tankless water heater, original hardwood floors in the living room, and custom remodeled bathrooms-including a spa-inspired, multi-head shower system in the primary suite. The open-concept kitchen opens up to the large floor-to-ceiling windows in the living room that frames serene Hill Country wildlife views and creates a stunning gathering area for users and family alike. Step outside to a wraparound deck with an outdoor kitchen, where cooling breezes and panoramic scenery set the tone for everyday relaxation. Over $200,000 in thoughtful capital improvements include a new metal roof, full gutter system, commercial-grade pickleball court with lighting, high-efficiency electric water heater, dual-zone mini-splits for the downstairs suite, fully installed playground, and an outdoor shower. Additional lifestyle upgrades include a 10-person cowboy pool with integrated heating and cooling, an oversized hot tub, custom outdoor lighting, a newly replaced retaining wall, newly built exterior stairs, septic risers, and illuminated address signage-combining luxury, durability, and turnkey convenience. Versatile, Income-Producing Layout A standout feature is the professionally converted 1948 Greyhound Bus (280 SF not included in total square footage)-a glamping experience with privacy and unique character. Each rentable space is independently climate controlled, offering flexibility for short-term rental income, multigenerational living, or private guest quarters. An adjacent 0.48-acre lot directly below the property is also available and can be purchased as part of a package deal-expanding the opportunity for future development, enhanced privacy, or additional amenities or parking. No HOA. No restrictions. A one-of-a-kind opportunity in the heart of the Texas Hill

Listing courtesy of SABOR / Real Broker, LLC

Last checked: Checking… • Last updated Jul 19, 2025 •

MLS# 1885458 —

The Building

Year Built:

1980
Approx Age:

45
Construction:

Pre-Owned
Builder Name:

Unknown
Type:

Single Family Detached
Style:

Two Story
Exterior:

Stone/Rock, Stucco
Roof:

Metal
Foundation:

Slab, Other
# of Stories:

2
Inclusions:

Ceiling Fans, Washer Connection, Dryer Connection, Stove/Range, Disposal, Dishwasher, Security System (Owned), Electric Water Heater, Solid Counter Tops, Private Garbage Service
Total SqFt:

2586
SqFt Source:

Appsl Dist

Interior

Interior:

Two Living Area, Liv/Din Combo, Eat-In Kitchen, Island Kitchen, Breakfast Bar, Game Room, Utility Room Inside, High Ceilings, Open Floor Plan, High Speed Internet, Laundry Main Level, Laundry Upper Level, Laundry Room
Window Coverings:

None Remain
Floors:

Ceramic Tile, Wood, Vinyl, Slate
# of Fireplaces:

1
Fireplace:

Wood Burning

Room Dimensions

Living Room Length:

25
Living Room Width:

24
Kitchen Length:

17
Kitchen Width:

15
Master Bedroom Length:

12
Master Bedroom Width:

14
Bedroom 2 Length:

15
Bedroom 2 Width:

14
Bedroom 3 Length:

14
Bedroom 3 Width:

10
Bedroom 4 Length:

11
Bedroom 4 Width:

13
Master Bath Length:

8
Master Bath Width:

11

Financial & Terms

Potential Short Sale:

No
Possession:

Closing/Funding

Location

Directions:

From 2673 turn on Island View.Turn right on Deepwell and house is at the end of the cul d e sac on your left

The Property

Area:

2603
Legal Desc-Lot:

13
Lot Size:

0.76
Pool:

No
Pool/Spa:

No Pool, Above Ground Pool, Hot Tub, Pool is Heated
Price Per SqFt:

$370.79

Listing Agent

Contact info:

Taxes

Tax Property ID:

160060000800
Tax Year:

2025
Total Taxes:

$6,722.15
Taxed by Multiple Counties:

No

Beds

Total Bedrooms:

4
Master Bedroom:

Upstairs, Outside Access, Ceiling Fan, Full Bath

Baths

Total Baths:

3
Full Baths:

3
Master Bath:

Shower Only, Double Vanity
Full and Half Baths:

3

The Listing

Virtual Tour

Heating & Cooling

Heating:

Central Heating, Wood Stove, Other Heating
Heating Fuel:

Electric
Air Conditioning:

One Central, Zoned, Other

Utilities

Sewer:

Water System, Septic

Schools

Elementary School:

Mountain Valley
Middle School:

Mountain Valley
High School:

Canyon Lake
School District:

Comal

The Community

Subdivision:

Deepwell
DEEPWELL SUBD

Subdivision:
Neighborhood Amenities:

Other - See Remarks
HOA:

None

Parking

Parking:

No Parking

Monthly cost estimate

Asking price

$958,888

Expense	Monthly cost
Mortgage	$5,134
Taxes	$560
Insurance	$263
Utilities	$212 See report
Total	$6,169/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
7/18/25 Jul 18, 2025	Listed / Active	SABOR	$958,888	326.2% (103.4% / YR)
5/23/22 May 23, 2022		SABOR	$225,000	-66.7%
5/21/22 May 21, 2022		SABOR	$674,900

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This house located in South Canyon Lake, Canyon Lake, TX 78133 is currently for sale for $958,888. 195 Deepwell is a 2,586 square foot house with 4 beds and 3 baths that has been on Estately for 1 days. 195 Deepwell is in the South Canyon Lake neighborhood of Canyon Lake.

Listing Provided Courtesy of Real Broker, LLC

The information included in this listing is provided by SABOR exclusively 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. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or SABOR and should be independently verified.