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785 Park Shrs 1998173Edit search
ActiveMLS #1998173

785 Park SHRS, Canyon Lake TX 78133

Canyon Lake, TX 78133 · Canyon Lake Shores 1

Single Family Residence for sale in Canyon Lake Shores 1

2Bedrooms
1Bathrooms
1,736Square Ft
1.51Acres
0Garage
1978Year Built
Price Reduced
1 / 36
$399,500$450,000

Overview

Property Description

Calling all investors and visionaries! This 2-bedroom, 1 bath WATERFRONT property on 1.51 ACRES is full of potential and ready for its next chapter. This home has good bones just needs cosmetic and updating. Open Concept with vaulted ceiling, wood burning fireplace, sliding glass doors on 2 sides leading out to deck for your morning cup of coffee. Untapped potential for additional square footage at ground level/walk out and the convenience of being located right next to boat ramp 22, making lake access quick and easy for boating, fishing and water recreation. This fixer upper offers an incredible opportunity to renovate, remodel or create the waterfront retreat you've always envisioned. Whether you're looking for your next investment project, vacation getaway or future primary residence, the possibilities are endless. Bring your imagination and make this diamond in the rough shine. Don't miss the chance to own waterfront property with stunning views at an exceptional value.

Financial Info
Price
$399,500
$ / Sqft
$230
HOA
None
Tax Rate
1.49%
Est. Taxes
$7,130
Tax Year
2026
Exemptions
Homestead, Over 65
Legal Info
Address
785 Park SHRS
County
Comal
City
Canyon Lake
State
TX
Zip
78133
Subdivision
Canyon Lake Shores 1
Legal Description
CANYON LAKE SHORES 1, LOT 76
Parcel
12783
Interior Features
Floor
Laminate
Num Living
1
Dining
1
Appliances
Exhaust Fan, Electric Oven, Free-Standing Range
Laundry
Lower Level
Master Main
No
Fireplaces
1
Fireplace Description
Family Room, Wood Burning
Interior Features
Ceiling Fan(s), Beamed Ceilings, Open Floorplan, None, Aluminum Frames, Screens, Vinyl Windows
General Info
Beds
2 Total / 2 Other Level
Full / Half Baths
1 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1978 / Resale
Square Feet
1,736 / Public Records
Garage Desc
None
Foundation
Pillar/Post/Pier
Roof
Metal
Construction
Concrete, HardiPlank Type, Cement Siding
Acres
1.51
Lot Description
Landscaped, Trees-Heavy, Views
Restrictions
Deed Restrictions
Flood Plain
No
View
Hill Country, Water
Water Access
Yes
Waterfront
Yes
Area
CM
Utility Info
Water
Public
Sewer
Aerobic Septic, Septic Tank
Utilities
Electricity Connected, Sewer Available, Water Connected
Heat
Central, Electric, Fireplace(s), Hot Water
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
Fenced
Exterior Features
Boat Ramp, Deck, Wrap Around
Pool On Property
No
Area Amenities
Fishing

Rooms

Rooms6 rooms

Main level

  • Basement

    Electric Dryer Hookup, Washer Hookup

Second level

  • Kitchen

    Tile Counters, Galley Type Kitchen

  • Bathroom

    Separate Shower

  • Primary Bedroom

    Ceiling Fan(s)

  • Bedroom

    Ceiling Fan(s)

  • Living Room

    High Ceilings, Vaulted Ceiling(s)

Price history

Members only
Days on market
−$50,500 (−11.2%)
$450,000 → $399,500
2
Price reductions
Active
Since Jul 9, 2026
Price trend
List priceJul 2026 → Sep 2026
Property history3 events
DateEventPriceChange
Sep 2, 2026Price Decrease$399,500−$30,500 (−7.1%)
Aug 3, 2026Price Decrease$430,000−$20,000 (−4.4%)
Jul 9, 2026New Listing

Taxes

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

Schools

School Info
District
Comal ISD
Elementary
Rebecca Creek
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 $399,500
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

$2,947 / mo

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

Estimated monthly payment $2,947

Principal & interest
$2,020
Property taxes
$594
Homeowners insurance
$333

*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$319,600$3,572$20,669$316,028
2$316,028$3,811$20,430$312,216
3$312,216$4,067$20,174$308,150
4$308,150$4,339$19,902$303,810
5$303,810$4,630$19,611$299,181
6$299,181$4,940$19,301$294,241
7$294,241$5,271$18,970$288,970
8$288,970$5,624$18,617$283,347
9$283,347$6,000$18,241$277,347
10$277,347$6,402$17,839$270,944
  • Year 1$316,028
    Principal paid
    $3,572
    Interest paid
    $20,669
    Starting balance
    $319,600
  • Year 2$312,216
    Principal paid
    $3,811
    Interest paid
    $20,430
    Starting balance
    $316,028
  • Year 3$308,150
    Principal paid
    $4,067
    Interest paid
    $20,174
    Starting balance
    $312,216
  • Year 4$303,810
    Principal paid
    $4,339
    Interest paid
    $19,902
    Starting balance
    $308,150
  • Year 5$299,181
    Principal paid
    $4,630
    Interest paid
    $19,611
    Starting balance
    $303,810
  • Year 6$294,241
    Principal paid
    $4,940
    Interest paid
    $19,301
    Starting balance
    $299,181
  • Year 7$288,970
    Principal paid
    $5,271
    Interest paid
    $18,970
    Starting balance
    $294,241
  • Year 8$283,347
    Principal paid
    $5,624
    Interest paid
    $18,617
    Starting balance
    $288,970
  • Year 9$277,347
    Principal paid
    $6,000
    Interest paid
    $18,241
    Starting balance
    $283,347
  • Year 10$270,944
    Principal paid
    $6,402
    Interest paid
    $17,839
    Starting balance
    $277,347
First 10 of 30 years

Nearby

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

Listings courtesy of ACTRIS as distributed by MLS GRID.