185 Falcon CT, Canyon Lake TX 78133
Canyon Lake, TX 78133 · Point Rancho Del Lago 1
Single Family Residence for sale in Point Rancho Del Lago 1
Overview
Property Description
FULLY FURNISHED TURNKEY HILL COUNTRY RETREAT + ESTABLISHED STR! Enjoy a peaceful Canyon Lake escape with vacation rental history dating to 2021. With gross income of $57,642 in 2025 (with 74.79% occupancy) and $41,851 for January through September of 2026 (with 80.95% occupancy), this turnkey property can cash flow from day one. Financial statements, Airbnb earnings reports, and occupancy history available upon request. Tucked into a quiet cul-de-sac on approximately 0.66 acres, this beautifully maintained 2-bedroom, 2-bath home offers 1,049 square feet of comfortable single-level living. The inviting open-concept layout features granite countertops and a well-appointed kitchen, with furnishings included for an easy transition to your Hill Country getaway or investment property. The expansive private deck is the centerpiece: soak in the hot tub, gather around the outdoor fireplace, or relax on the oversized swinging bench while taking in wooded Hill Country views. With no neighboring homes directly behind or to the west, the outdoor setting offers a secluded feel, visiting wildlife, and room to unwind beneath the stars. Located just minutes from Canyon Lake, the Guadalupe River, and Whitewater Amphitheater, with convenient access to Wimberley’s shops, dining, wineries, and breweries. Spend your days boating, floating, or exploring, then return to your own peaceful retreat. Whether envisioned as a primary residence, weekend escape, or continued vacation rental, this property combines Hill Country charm with documented rental history. Currently operating with a WORD STR permit. Historical results do not guarantee future performance; buyer to verify continued STR use and permit requirements.
Financial Info
- Price
- $375,000
- $ / Sqft
- $358
- HOA
- None
- Tax Rate
- 1.79092%
- Est. Taxes
- $3,306
- Tax Year
- 2026
- Exemptions
- None
Legal Info
- Address
- 185 Falcon CT
- County
- Comal
- City
- Canyon Lake
- State
- TX
- Zip
- 78133
- Subdivision
- Point Rancho Del Lago 1
- Legal Description
- POINT AT RANCHO DEL LAGO PHASE 1, LOT 47
- Parcel
- 45195
Interior Features
- Floor
- Vinyl
- Num Living
- 1
- Dining
- 1
- Kitchen
- Granite Counters, Pantry
- Appliances
- Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Washer/Dryer Stacked, Electric Water Heater, WaterSoftener
- Laundry
- Laundry Closet
- Master Bed
- Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Interior Features
- Ceiling Fan(s), Granite Counters, High Speed Internet, Pantry, Primary Bedroom on Main, Walk-In Closet(s), See Remarks, Double Pane Windows
General Info
- Beds
- 2 Total / 2 Main Level
- Full / Half Baths
- 2 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 2015 / Resale
- Square Feet
- 1,047 / Public Records
- Garages
- 1
- Garage Desc
- See Remarks
- Foundation
- Slab
- Roof
- Composition
- Construction
- HardiPlank Type, Vertical Siding, Stone Veneer
- Acres
- 0.66
- Lot Description
- Cul-De-Sac
- Restrictions
- Deed Restrictions
- Flood Plain
- No
- View
- Park/Greenbelt
- Water Access
- No
- Waterfront
- No
- Area
- CM
Utility Info
- Water
- Public
- Sewer
- Private Sewer, Septic Tank
- Utilities
- See Remarks
- Heat
- Central
- A C
- Central Air
Exterior Features
- Fence
- None
- Exterior Features
- Exterior Steps, See Remarks, Covered, Deck, Patio
- Pool On Property
- No
- Area Amenities
- None
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Nov 6, 2026 | New Listing | — |
Taxes
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
Estimated monthly payment
$2,485 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $2,485
- Principal & interest
- $1,896
- Property taxes
- $276
- Homeowners insurance
- $313
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $300,000 | $3,353 | $19,401 | $296,647 | |
| 2 | $296,647 | $3,578 | $19,177 | $293,069 | |
| 3 | $293,069 | $3,817 | $18,937 | $289,252 | |
| 4 | $289,252 | $4,073 | $18,681 | $285,179 | |
| 5 | $285,179 | $4,346 | $18,409 | $280,833 | |
| 6 | $280,833 | $4,637 | $18,118 | $276,196 | |
| 7 | $276,196 | $4,947 | $17,807 | $271,249 | |
| 8 | $271,249 | $5,279 | $17,476 | $265,970 | |
| 9 | $265,970 | $5,632 | $17,122 | $260,338 | |
| 10 | $260,338 | $6,009 | $16,745 | $254,328 |
- Year 1$296,647
- Principal paid
- $3,353
- Interest paid
- $19,401
- Starting balance
- $300,000
- Year 2$293,069
- Principal paid
- $3,578
- Interest paid
- $19,177
- Starting balance
- $296,647
- Year 3$289,252
- Principal paid
- $3,817
- Interest paid
- $18,937
- Starting balance
- $293,069
- Year 4$285,179
- Principal paid
- $4,073
- Interest paid
- $18,681
- Starting balance
- $289,252
- Year 5$280,833
- Principal paid
- $4,346
- Interest paid
- $18,409
- Starting balance
- $285,179
- Year 6$276,196
- Principal paid
- $4,637
- Interest paid
- $18,118
- Starting balance
- $280,833
- Year 7$271,249
- Principal paid
- $4,947
- Interest paid
- $17,807
- Starting balance
- $276,196
- Year 8$265,970
- Principal paid
- $5,279
- Interest paid
- $17,476
- Starting balance
- $271,249
- Year 9$260,338
- Principal paid
- $5,632
- Interest paid
- $17,122
- Starting balance
- $265,970
- Year 10$254,328
- Principal paid
- $6,009
- Interest paid
- $16,745
- Starting balance
- $260,338
Nearby
12 closest listings to 185 Falcon CT, Canyon Lake TX 78133 (within 2 miles).
Courtesy of Compass RE Texas, LLC · (512) 575-3644
Listings courtesy of ACTRIS as distributed by MLS GRID.