3124 Fm 2673 Canyon Lake, TX 78133
This exceptional Canyon Lake, Texas investment opportunity encompasses a thriving 3.288-acre mixed-use property featuring 48 units, including 11 full hook-up RV spaces, 34 boat storage units, and a small cottage. Six buildings, totaling 15,348 square feet, sit on this commercially and residentially zoned land. The property boasts 2,250 square feet of net rentable space, currently generating a NOI of $114,500 and a 3.58% cap rate, with an asking price of $3,200,000 ($208.50/sq ft). Fifteen parking spaces are available, and a warehouse with an existing lease adds to the income stream. Located at 3124 FM 2673, Canyon Lake, TX 78133 (APN 500800001400), this property presents a compelling opportunity for investors seeking a diversified portfolio in the desirable Texas Hill Country. The property's prime location and diverse revenue streams make it an attractive investment with significant potential for growth. The existing infrastructure and established tenant base provide immediate cash flow, while the ample land offers possibilities for future expansion. This turnkey operation is ready for a new owner to capitalize on its established success and further enhance its profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.