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ActiveMLS #9397797

231 Vip DR, Canyon Lake TX 78133

Canyon Lake, TX 78133 · Mount Lookout 1

Single Family Residence for sale in Mount Lookout 1

4Bedrooms
2Bathrooms
2,080Square Ft
0.51Acres
2Garage
1973Year Built
Price Reduced
1 / 40
$414,900$439,000

Overview

Property Description

Discover the charm, comfort, and scenic beauty of this recently updated retreat nestled in the heart of the Texas Hill Country in highly desirable Canyon Lake. With over $100,000 in recent improvements, this 3-bedroom, 2-bath home offers breathtaking views of Devil’s Backbone and Canyon Lake from its elevated setting in the sought-after Mt. Lookout subdivision. Ideally located just minutes from the Canyon Lake Yacht Club, popular Guadalupe River tubing destinations, and Whitewater Amphitheater, this property places you in the center of everything that makes Canyon Lake living so special. Situated on a rare double lot, the home provides ample space for outdoor entertaining, future expansion, or the opportunity to build a guest casita, short-term rental, or additional garage. Recent upgrades include a new roof, new HVAC system, new garage doors, and fresh interior paint throughout, giving the home a clean, updated feel while maintaining its Hill Country character. The large walkout basement/garage area offers incredible flexibility and can easily be transformed into additional living space, game room, workshop, or storage for boats, jet skis, and all your lake toys. Wake up to sweeping Hill Country views, enjoy peaceful evenings overlooking Canyon Lake, and experience the lifestyle that makes this area one of the most desirable destinations in Texas. This is a rare opportunity to own a move-in-ready Canyon Lake retreat with views, space, and endless potential. Schedule your private tour today.

Financial Info
Price
$414,900
$ / Sqft
$199
HOA
Yes - Voluntary / $60 / Annually
HOA Name
Mount Loop
HOA Includes
Maintenance Grounds
Tax Rate
1.72%
Est. Taxes
$6,500
Tax Year
2025
Exemptions
Disability, Homestead
Legal Info
Address
231 Vip DR
County
Comal
City
Canyon Lake
State
TX
Zip
78133
Subdivision
Mount Lookout 1
Legal Description
MT LOOKOUT 1, BLOCK 3, LOT 18-19
Parcel
38431
Interior Features
Floor
Laminate
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Granite Counters, Pantry
Appliances
Convection Oven, Cooktop, Dishwasher, Disposal, Electric Cooktop, Electric Range, Exhaust Fan, Electric Oven, Refrigerator, Self Cleaning Oven
Laundry
Laundry Room
Master Bed
Primary Bedroom on Main
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room
Interior Features
Breakfast Bar, Ceiling Fan(s), Beamed Ceilings, Granite Counters, Tile Counters, Electric Dryer Hookup, High Speed Internet, Open Floorplan, Pantry, Primary Bedroom on Main, None
General Info
Beds
4 Total / 4 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1973 / Resale
Square Feet
2,080 / Public Records
Garages
2
Garage Desc
Attached, Driveway, Garage, Garage Door Opener, Garage Faces Side, RV Carport
Foundation
Slab
Roof
Shingle
Construction
Brick
Acres
0.51
Lot Description
Back Yard, Front Yard, Gentle Sloping, Landscaped, Many Trees
Restrictions
Deed Restrictions
Flood Plain
No
View
Hill Country
Water Access
No
Waterfront
No
Area
CM
Utility Info
Water
Public
Sewer
Aerobic Septic
Utilities
Above Ground, Electricity Available, Electricity Connected, Internet-Fiber, Other, Phone Available, Underground Utilities
Heat
Central, Fireplace(s)
A C
Ceiling Fan(s), Central Air, Electric
Exterior Features
Fence
None
Exterior Features
Private Entrance, Covered, Patio, Porch
Pool On Property
No
Area Amenities
Lake

Rooms

Rooms2 rooms

Main level

  • Bedroom

    Ceiling Fan(s)

  • Kitchen

    Breakfast Bar, GranCnt

Price history

Members only
Days on market
−$24,100 (−5.5%)
$439,000 → $414,900
1
Price reduction
Active
Since Mar 20, 2026
Price trend
List priceMar 2026 → Aug 2026
Property history2 events
DateEventPriceChange
Aug 12, 2026Price Decrease$414,900−$24,100 (−5.5%)
Mar 20, 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 $414,900
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

$2,986 / mo

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

Estimated monthly payment $2,986

Principal & interest
$2,098
Property taxes
$542
Homeowners insurance
$346

*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$331,920$3,710$21,466$328,210
2$328,210$3,958$21,217$324,252
3$324,252$4,224$20,952$320,028
4$320,028$4,506$20,669$315,522
5$315,522$4,808$20,367$310,714
6$310,714$5,130$20,045$305,583
7$305,583$5,474$19,702$300,110
8$300,110$5,840$19,335$294,269
9$294,269$6,231$18,944$288,038
10$288,038$6,649$18,527$281,389
  • Year 1$328,210
    Principal paid
    $3,710
    Interest paid
    $21,466
    Starting balance
    $331,920
  • Year 2$324,252
    Principal paid
    $3,958
    Interest paid
    $21,217
    Starting balance
    $328,210
  • Year 3$320,028
    Principal paid
    $4,224
    Interest paid
    $20,952
    Starting balance
    $324,252
  • Year 4$315,522
    Principal paid
    $4,506
    Interest paid
    $20,669
    Starting balance
    $320,028
  • Year 5$310,714
    Principal paid
    $4,808
    Interest paid
    $20,367
    Starting balance
    $315,522
  • Year 6$305,583
    Principal paid
    $5,130
    Interest paid
    $20,045
    Starting balance
    $310,714
  • Year 7$300,110
    Principal paid
    $5,474
    Interest paid
    $19,702
    Starting balance
    $305,583
  • Year 8$294,269
    Principal paid
    $5,840
    Interest paid
    $19,335
    Starting balance
    $300,110
  • Year 9$288,038
    Principal paid
    $6,231
    Interest paid
    $18,944
    Starting balance
    $294,269
  • Year 10$281,389
    Principal paid
    $6,649
    Interest paid
    $18,527
    Starting balance
    $288,038
First 10 of 30 years

Nearby

Courtesy of Sullivan Hill Country Properti · (210) 725-5201

Listings courtesy of ACTRIS as distributed by MLS GRID.