520 DEERWOOD DR, Canyon Lake, TX 78133

$569,000 Asking Price

3 beds
3 baths
2,250  sqft
Built in 2020

This is a rare opportunity to own a top-performing STR in one of Texas's most sought-after vacation destinations. Whether you're looking to continue the property's success as a vacation rental or make it your personal lake retreat, Firefly Cottage offers the perfect mix of income potential and hill country living. Firefly Cottage is a immaculate and perfectly maintained lake house nestled in the heart of Texas Hill Country, offering views of Canyon Lake from the upstairs deck and primary suite. This property has proven to be an extremely successful short-term rental (STR) and is perfect for those looking to invest in a business-ready, turnkey vacation rental. With sellers willing to negotiate turnkey options, including the possibility of conveying future reservations and furnishings, new owners can seamlessly take over and begin cash-flowing almost immediately. This beautifully designed home is perfect for entertaining, both indoors and out. The spacious game room, hot tub, and expansive backyard with an outdoor fire pit make it an ideal spot for guests or residents to relax and enjoy the scenic surroundings. The large, well-lit outdoor area includes boat parking, an EV charger, and plenty of space for gatherings. Inside, the home offers a perfect blend of modern comforts and rustic charm, with an inviting kitchen and living spaces designed for both relaxation and fun. Firefly Cottage is ideally located just minutes from Canyon Lake's boat ramps, local restaurants, and numerous Hill Country attractions, including Whitewater Amphitheater, Gruene Historic District, and Schlitterbahn. The property's proximity to New Braunfels and San Marcos adds even more value, making it a prime destination for guests year-round. Don't miss this chance to close on a profitable property and start earning from day one!

Features & Amenities

Interior

General:
One Living Area,Liv/Din Combo,Eat-In Kitchen,Walk-In Pantry,Game Room,Media Room,Secondary Bedroom Down,High Speed Internet,Walk in Closets
Flooring:
Vinyl
A/C:
One Central
Heating:
Central, Electric
Fireplace:
Not Applicable

Exterior

General:
Wood
Style:
Two Story,Contemporary
Pool:
Hot Tub
Parking:
Two Car Garage

Construction

Roofing:
Composition
Windows:
All Remain
General:
Two, Slab

Location

HOA Amenities:
Waterfront Access,Lake/River Park,Boat Ramp, 24.0, Annually
School District:
Comal
County:
Comal

Lot

Zoning:
CANYON LAKE VILLAGE 5, LOT 8, 130320060900

Utilities

Water:
Septic,Aerobic Septic,Co-op Water

This listing courtesy of:
LPT Realty, LLC, Malina Bercher

About Canyon Lake, TX

Housing

Number of Units
12,404
Median Home Value
$263,271
Median Rent
$951

12.88% of housing units are renter occupied.

20.82% are vacant.

Commute

Car
58.09%
Public Transportation
0.00%
Walk to Work
1.75%
Work from Home
39.80%
Other
0.10%

The median travel time to work is 23 minutes.

People

Population
22,471
Median Age
48.70
Median Household Size
2.60

Education

High School
29.06%
Associate’s Degree
8.58%
Bachelor’s Degree
18.77%
Graduate Degree
12.65%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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