3640 FM 2673 # 4, Canyon Lake TX 78133
Canyon Lake, TX 78133 · Canyon Lake Village 3
See Remarks for sale in Canyon Lake Village 3
Overview
Property Description
Canyon Lake Fourplex Investment Opportunity Owner-agent is considering the sale of one fourplex within an existing three-building multifamily property and will also consider selling all three buildings. Seller financing may be available to a qualified buyer with good credit, a substantial down payment, and market-rate terms. This is an excellent opportunity for a first-time multifamily investor seeking a manageable entry into real estate investing. The property is located near Canyon Lake, surrounded by Hill Country parks, hiking and biking trails, boating, fishing, swimming areas, the Guadalupe River, and the scenic Canyon Dam. Restaurants, shopping, live entertainment, Gruene, and New Braunfels are also within convenient driving distance. Residents may enjoy an optional membership in the nearby community clubhouse and swimming pool, both offering attractive lake views, through an easy and affordable HOA arrangement. Canyon Lake is full again, strengthening the area’s recreational appeal and desirability for residents. The property offers multiple rental units under one roof, helping diversify income and reduce the impact of a single vacancy. For anyone who has considered owning a small multifamily investment, this is a practical way to get started. The seller is willing to help the buyer understand the operation and transition the systems used for leasing, rent collection, bookkeeping, maintenance coordination, and tenant management. This guidance and support can make the process much easier for a novice investor while providing a foundation for long-term success.
Financial Info
- Price
- $699,000
- $ / Sqft
- $194
- HOA
- Yes - Mandatory / $200 / Annually
- HOA Name
- Canyon Lake Villages
- HOA Includes
- See Remarks
- Tax Rate
- 1.4998%
- Est. Taxes
- $11,731
- Tax Year
- 2026
- Exemptions
- None
Legal Info
- Address
- 3640 FM 2673 # 4
- County
- Comal
- City
- Canyon Lake
- State
- TX
- Zip
- 78133
- Subdivision
- Canyon Lake Village 3
- Legal Description
- CANYON LAKE VILLAGE 3, LOT 215R
- Parcel
- 14075
Interior Features
- Floor
- Vinyl
- Appliances
- Built-In Oven(s), Dishwasher, Disposal, Microwave, Free-Standing Refrigerator
- Master Main
- Yes
- Interior Features
- Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s), None
General Info
- Beds
- 4 Total / 2 Main Level / 2 Other Level
- Full / Half Baths
- 0 / 0
- Prop Type
- Residential
- Property Type
- See Remarks
- Stories
- 2
- Year Built
- 1999 / Updated/Remodeled
- Square Feet
- 3,600
- Garage Desc
- Assigned, Common, Open, Outside, Parking Lot, Paved
- Foundation
- Slab
- Construction
- Frame, HardiPlank Type
- Acres
- 0.87
- Lot Description
- None
- Restrictions
- Deed Restrictions
- Flood Plain
- No
- View
- See Remarks
- Water Access
- No
- Waterfront
- No
- Area
- CM
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Underground Utilities
- Heat
- Central, Electric
- A C
- Central Air, Electric
Exterior Features
- Fence
- Partial
- Exterior Features
- Covered
- Pool On Property
- No
- Area Amenities
- Cluster Mailbox, Common Grounds, Fishing, Park, Pool
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 29, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Comal ISD
- Elementary
- Startzville
- 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
$5,096 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $5,096
- Principal & interest
- $3,535
- Property taxes
- $978
- Homeowners insurance
- $583
*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 | $559,200 | $6,250 | $36,164 | $552,950 | |
| 2 | $552,950 | $6,669 | $35,745 | $546,281 | |
| 3 | $546,281 | $7,116 | $35,299 | $539,165 | |
| 4 | $539,165 | $7,592 | $34,822 | $531,573 | |
| 5 | $531,573 | $8,101 | $34,314 | $523,473 | |
| 6 | $523,473 | $8,643 | $33,771 | $514,830 | |
| 7 | $514,830 | $9,222 | $33,192 | $505,608 | |
| 8 | $505,608 | $9,840 | $32,575 | $495,768 | |
| 9 | $495,768 | $10,498 | $31,916 | $485,270 | |
| 10 | $485,270 | $11,202 | $31,213 | $474,068 |
- Year 1$552,950
- Principal paid
- $6,250
- Interest paid
- $36,164
- Starting balance
- $559,200
- Year 2$546,281
- Principal paid
- $6,669
- Interest paid
- $35,745
- Starting balance
- $552,950
- Year 3$539,165
- Principal paid
- $7,116
- Interest paid
- $35,299
- Starting balance
- $546,281
- Year 4$531,573
- Principal paid
- $7,592
- Interest paid
- $34,822
- Starting balance
- $539,165
- Year 5$523,473
- Principal paid
- $8,101
- Interest paid
- $34,314
- Starting balance
- $531,573
- Year 6$514,830
- Principal paid
- $8,643
- Interest paid
- $33,771
- Starting balance
- $523,473
- Year 7$505,608
- Principal paid
- $9,222
- Interest paid
- $33,192
- Starting balance
- $514,830
- Year 8$495,768
- Principal paid
- $9,840
- Interest paid
- $32,575
- Starting balance
- $505,608
- Year 9$485,270
- Principal paid
- $10,498
- Interest paid
- $31,916
- Starting balance
- $495,768
- Year 10$474,068
- Principal paid
- $11,202
- Interest paid
- $31,213
- Starting balance
- $485,270
Nearby
Courtesy of RE/MAX GATEWAY · (512) 610-7653
Listings courtesy of ACTRIS as distributed by MLS GRID.