Mixed-Use Property with Rental
For Sale
$995,000
Pending
14147 FM 306, Canyon Lake, TX 78133
Three furnished tiny homes operate as short-term rentals alongside a three-bedroom, two-bathroom main residence.
Property Size5,107 SF
Days on Market166
Property Features for 14147 FM 306
General Information
Standard status
Pending
Size
5,107 SF
Property subtype
Mixed Use
Units
Unit Mix
1 x 3BR/2BA, 3 x tiny home
Multifamily Units
4
Additional Details
Asking Price
$995,000
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$12,192
Amenities
laundry room
gazebo with fireplace and grill
metal workshop
well house
storage shed
Building Details
Building Size
5,107 SF
Year Built
1998
Listing Agency:
RE/MAX GATEWAY
Listed By:
Steve Cossette · License #0529781
(512) 610-7653
Source:
Landunlimitedtx
Added: May 19
Changed: Oct 28
Last Checked: Oct 26 at 4:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX GATEWAY
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Investment Insights
Based on property information with market context.
Set near Canyon Lake and the Guadalupe River, this mixed-use property combines a 1,780-square-foot main home with three tiny homes used for short-term rentals. The main residence has three bedrooms and two bathrooms and is owner-occupied. Supporting improvements include a laundry room with four washers and four dryers, a gazebo with a fireplace and grill, a metal workshop, a well house, and a storage shed.
Whitewater Amphitheater and the river are about four minutes away; Gruene Hall is roughly twenty minutes from the property. The existing short-term rental operation has received 4.9-star ratings.
Whitewater Amphitheater and the river are about four minutes away; Gruene Hall is roughly twenty minutes from the property. The existing short-term rental operation has received 4.9-star ratings.
Key Highlights
- Three tiny homes currently operate as short‑term rentals
- 1,780‑square‑foot main home with 3 bedrooms and 2 bathrooms
- Laundry room equipped with four washers and four dryers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,412
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,348,240
$1.3M
Cap Rate 7%
$963,029
$963.0K
Cap Rate 9%
$749,022
$749.0K
Market Conditions
NOI Build-Up for 5,107 SF
Gross rent
$122.6K $24.00/SF
− Vacancy
−$14.7K −$2.88/SF
EGI
$107.9K $21.12/SF
− OpEx
−$40.4K −$7.92/SF
NOI
$67.4K $13.20/SF
Area
Comal County, TX
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,348,240
Cap Rate 7%
$963,029
Cap Rate 9%
$749,022
Alternative Uses
Best Use
Mixed Use
$963.0K
$842.7K – $1.12M
NOI $67,412 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$650.0K
$568.8K – $758.4K
NOI $45,503 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,190 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
113
Businesses Nearby
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Business Placement
Demographics for 78133, TX
20,787
Population
11,208
Households
1.9
Avg Household Size
52
Median Age
33%
College-Educated
94%
High-School Grad
75.5 sq mi
ZIP Area
275
Density / Sq Mi
$80,777
Median Household Income
$45,470
Median Earnings
$1,236
Median Rent
$300,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three furnished tiny homes operate as short-term rentals alongside a three-bedroom, two-bathroom main residence.
Where is this mixed-use property located?
The property is located at 14147 FM 306 Canyon Lake, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Three tiny homes currently operate as short‑term rentals; 1,780‑square‑foot main home with 3 bedrooms and 2 bathrooms; Laundry room equipped with four washers and four dryers
