19967 FM 306, Canyon Lake, TX 78133

Property Overview

Quadplex

12 beds, 8 baths (total)

5,368 sqft

1995 build

Lot: 0.5 acres

Located within a few miles from Whitewater Amphitheater, many camp grounds, and beautiful Canyon Lake

Property Condition

Two new AC units within the last two years (20' and 21')

Two apartments were renovated in 2019

All back decks renovated in 2019

Conventional septic system

Metal roof installed in 2013 

AirBnb Potential

AirBnb Total Potential Rent (4 units rented for 15 days per month): $9,000+

• 4 units @ $150 per night = $600; $600 @ only 15 nights a month = $9,000

***AirBnb numbers are ultra conservative and are based on occupancy for only 15 days per months @ $150 per night per unit. $150 per night is currently the cheapest option in the area***

Current Rental Info

Unit A

• 3 beds, 2 baths
• 1,342 sqft unit
• Rent: $1,062
• Tenant Pays All Utilities

Unit B

• 3 beds, 2 baths
• 1,342 sqft unit
• Rent: $1,062
• Tenant Pays All Utilities

Unit C

• 3 beds, 2 baths
• 1,342 sqft unit
• Rent: $1,062
• Tenant Pays All Utilities

Unit D

• 3 beds, 2 baths
• 1,342 sqft unit
• Rent: $1,062
• Tenant Pays All Utilities

Rental Summary

Current Gross Monthly Rent: $4,248

More Photos: https://www.dropbox.com/sh/jxda658tupb7hc9/AACPzAUeDHKfZLTgQBUyvDOma?dl=0



Asking Price: $614,000

Closing Date: 12-3-21 or sooner

Call or text Holly for more details on this 🌋HOT DEAL!🌋 (210) 861-0922

Click the BUY IT NOW button to lock this one down and avoid bidding wars ⚔️⚔️