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ActiveMLS #4393426

1203 Lakefield, Canyon Lake TX 78133

Canyon Lake, TX 78133 · Hillcrest Estates

Single Family Residence for sale in Hillcrest Estates

2Bedrooms
2Bathrooms
2,016Square Ft
2.01Acres
0Garage
1996Year Built
Price Reduced
1 / 39
$459,000$499,000

Overview

Property Description

Perched on two beautifully wooded one-acre lots, this well-built two-story home offers sweeping panoramic views of the Texas Hill Country and Canyon Lake. Designed to take full advantage of its stunning setting, the home is positioned so that your southern-facing views are free from nearby rooftops—just rolling hills, expansive skies, and the sparkling waters of Canyon Lake. Two spacious covered decks provide exceptional outdoor living, offering shaded comfort for relaxing, entertaining, and soaking in the scenery. The lower deck even includes a large hot tub, creating the perfect place to unwind while enjoying the view. Inside, sliding glass doors spanning the entire south side of both levels fill the home with natural light and frame the breathtaking vistas from nearly every room. The main living area features a native stone fireplace, beamed ceiling, and seamless flow into the dining area and kitchen, creating a warm and inviting space for everyday living. The upper level offers tile flooring throughout the main living areas, with carpet in the bedroom. The lower level features durable wood-look laminate flooring, with carpet in one bedroom and tile in the bathroom. The recently remodeled primary bathroom adds a fresh, updated touch. Additional highlights include double-pane insulated windows and sliding doors, plantation-style louvered shutters, and a standing seam metal roof was installed just five years ago. A large paved parking area provides excellent access and creates a substantial buffer from the street, enhancing both privacy and curb appeal. The second one-acre lot serves as a natural privacy barrier, preserving the peaceful setting and offering additional flexibility and value. Located just minutes from shopping, restaurants, services, swimming, and marinas on Canyon Lake, this property offers the perfect combination of privacy, comfort, and spectacular views. What’s not to like? Come take a look!

Financial Info
Price
$459,000
$ / Sqft
$228
HOA
None
Tax Rate
0.015%
Est. Taxes
$5,664
Tax Year
2025
Exemptions
Homestead, Over 65
Legal Info
Address
1203 Lakefield
County
Comal
City
Canyon Lake
State
TX
Zip
78133
Subdivision
Hillcrest Estates
Legal Description
HILLCREST ESTATES, LOT 10 & 11, LIFE ESTTATE LIFE ESTTATE
Parcel
31379
Interior Features
Floor
Carpet, Tile
Num Living
2
Dining
1
Appliances
Ice Maker, Refrigerator
Laundry
Laundry Room, Lower Level
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room, Masonry, Raised Hearth, Stone
Interior Features
Electric Dryer Hookup, Interior Steps, Multiple Living Areas, Open Floorplan, Washer Hookup, Wet Bar, Smoke Detector(s), Aluminum Frames, Insulated Windows
General Info
Beds
2 Total / 1 Main Level / 1 Other Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1996 / Resale
Square Feet
2,016 / Public Records
Garage Desc
Asphalt, Attached, Paved
Foundation
Slab
Roof
See Remarks, Metal
Construction
Vinyl Siding
Acres
2.01
Lot Description
Native Plants, Sloped Down, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
Restrictions
None
Flood Plain
No
View
See Remarks, Hill Country, Lake
Water Access
No
Waterfront
No
Area
CM
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heat
Electric, Fireplace(s)
A C
Ceiling Fan(s), Central Air, Electric
Exterior Features
Fence
Barbed Wire, Partial, Wood
Exterior Features
Garden, Gutters Full, Satellite Dish Leased, Covered, Deck
Pool On Property
No
Area Amenities
None

Rooms

Rooms8 rooms

Lower level

  • Bathroom

    Full bath.

  • Bedroom

    Ceiling Fan(s)

  • Laundry

    Laundry room. Appliances convey.

  • Bonus Room

    Bonus room with closet, "Murphy bed" separate entrance and sliding glass door opening onto the lower covered deck.

    Ceiling Fan(s)

Main level

  • Great Room

    Beamed Ceilings, Ceiling Fan(s), See Remarks

  • Kitchen

    Corian Counters, Open to Family Room

  • Primary Bathroom

    Walk-in Shower

First level

  • Primary Bedroom

    Ceiling Fan(s)

Price history

Members only
Days on market
−$40,000 (−8%)
$499,000 → $459,000
3
Price reductions
Active
Since May 18, 2026
Price trend
List priceMay 2026Sep 2026
Property history4 events
DateEventPriceChange
Sep 21, 2026Price Decrease$459,000−$10,000 (−2.1%)
Aug 23, 2026Price Decrease$469,000−$10,000 (−2.1%)
Jun 19, 2026Price Decrease$479,000−$20,000 (−4%)
May 18, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Comal ISD
Elementary
Mountain Valley
Middle
Mountain Valley Middle
High
Canyon Lake

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $459,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,176 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,176

Principal & interest
$2,321
Property taxes
$472
Homeowners insurance
$383

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$367,200$4,104$23,747$363,096
2$363,096$4,379$23,472$358,717
3$358,717$4,672$23,179$354,044
4$354,044$4,985$22,866$349,059
5$349,059$5,319$22,532$343,740
6$343,740$5,675$22,176$338,064
7$338,064$6,056$21,796$332,008
8$332,008$6,461$21,390$325,547
9$325,547$6,894$20,958$318,653
10$318,653$7,356$20,496$311,298
  • Year 1$363,096
    Principal paid
    $4,104
    Interest paid
    $23,747
    Starting balance
    $367,200
  • Year 2$358,717
    Principal paid
    $4,379
    Interest paid
    $23,472
    Starting balance
    $363,096
  • Year 3$354,044
    Principal paid
    $4,672
    Interest paid
    $23,179
    Starting balance
    $358,717
  • Year 4$349,059
    Principal paid
    $4,985
    Interest paid
    $22,866
    Starting balance
    $354,044
  • Year 5$343,740
    Principal paid
    $5,319
    Interest paid
    $22,532
    Starting balance
    $349,059
  • Year 6$338,064
    Principal paid
    $5,675
    Interest paid
    $22,176
    Starting balance
    $343,740
  • Year 7$332,008
    Principal paid
    $6,056
    Interest paid
    $21,796
    Starting balance
    $338,064
  • Year 8$325,547
    Principal paid
    $6,461
    Interest paid
    $21,390
    Starting balance
    $332,008
  • Year 9$318,653
    Principal paid
    $6,894
    Interest paid
    $20,958
    Starting balance
    $325,547
  • Year 10$311,298
    Principal paid
    $7,356
    Interest paid
    $20,496
    Starting balance
    $318,653
First 10 of 30 years

Nearby

Courtesy of WoW Properties · (512) 789-5715

Listings courtesy of ACTRIS as distributed by MLS GRID.